Gita Gopinath, former Deputy Managing Director of the International Monetary Fund (File Photo)
\n\nThe International Monetary Fund (IMF) has raised India's growth outlook, projecting the country’s economy to expand by 7 per cent in both FY27 and FY28. Gita Gopinath, former Deputy Managing Director of the IMF, welcomed the improved forecast, pointing to India's stronger growth prospects in an otherwise uncertain global economic environment.
\n\nIn a post on X on Tuesday, Gopinath highlighted the key takeaways from the IMF's October 2026 World Economic Outlook (WEO), noting that the global economy has remained resilient but faces several underlying vulnerabilities.
\n\n"Latest World Economic Outlook from @IMFNews describes a world that is so far resilient yet precariously poised. Germany and India get sizable upgrades to growth," she wrote.
\n\nGopinath also congratulated Silvana Tenreyro, who recently took over as the IMF’s Economic Counsellor and Director of the Research Department, on presenting her first WEO in her capacity as the Fund's Chief Economist.
\n\n"Congratulations to @STenreyroIMF and team on her first WEO launch," she added.
\n\nIMF Projects 7% Growth For India In FY27 And FY28
\n\nThe IMF's latest projections place India among the fastest-growing major economies, supported by better-than-expected economic momentum, sustained domestic demand and…
Original source: https://www.timesnownews.com/business-economy
