The International Monetary Fund (IMF) has slightly upgraded India’s GDP growth forecast for FY27 to 6.5%, by 0.1 percentage point from its January projection, even as it warns that escalating geopolitical tensions — particularly the war in the Middle East — will weigh on global momentum and push inflation higher in the near term. In its latest World Economic Outlook/Global Financial Stability Report update titled Global Financial Markets Confront the War in the Middle East and Amplification Risks, the IMF said growth is expected to remain steady at 6.5% in FY28.
