IMF raises India’s 2025 growth forecast to 7.3% amid global trade tensions

IMF raises India’s 2025 growth forecast to 7.3 percent, citing strong corporate earnings and momentum, but expects growth to moderate to 6.4 percent in 2026 and 2027 as temporary factors fade. India’s outlook upgrade follows NSO’s revised estimate of 7.4 percent growth for FY24, above previous government projections. IMF projects global growth at 3.3 percent for 2025 and 2026, with inflation and oil prices expected to ease, benefiting oil-importing countries like India.