IMF Raises India’s Growth Forecast Upward To 7% For FY25

India's growth prediction for FY25 has been boosted to 7 per cent from 6.8 per cent in April, according to the International Monetary Fund's World Economic Outlook published on Tuesday.

The global financial organisation anticipates the economy to increase by 6.5 per cent in FY26, unchanged from April.

In June, the Reserve Bank of India increased India's GDP prediction upward to 7.2 per cent from 7 per cent previously.

The country has increased by more than 7 per cent in the last three years.

The economy rose by 8.2 per cent in FY24, with investment and manufacturing driving development.