India's FY24 #GDP growth forecast raised by 40 bps to 6.7%: #IMF

#Alphabet and #Microsoft shares fall on results, #IMF upgrades #India's GDP outlook; markets go into wait and watch mode ahead of #UnionBudget2024 and #FOMC.

#Karnataka is the country's "cash cow" says the state's Finance Minister Krisha Gowda, #IMF warns #Maldives government its borrowing is out of control.

#IMF pegs #China's GDP growth forecast at 4.6% for 2024, 4.1% for 2025.

#IMF pegs global GDP growth in 2025 at 3.2%.

#IMF sees India's FY26 GDP growth at 6.5%.

#IMF lifts #China growth forecast to 5% from 4.6% citing fast start to 2024 & additional support from the government

#IMF keeps 2024 global GDP growth forecast unchanged at 3.2%.

#IMF raises 2024 Euro Area GDP growth outlook by 10 bps to 0.9%.

#IMF raises #India FY25 GDP growth outlook by 20 bps to 7%.

#IMF approves $3.4 billionn program for #Ethiopia: Bloomberg

#IMF retains #India's FY25 GDP growth forecast at 7.0%.

#NewsFlash | #IMF: WORLD ECONOMIC OUTLOOK👇

India’s growth rate projection for FY26 & FY27 unchanged at 6.5%, IMF on #IndianOverseasBank

#IndiaPakistanTensions | India abstained from the #IMF vote on a bailout for #Pakistan because rules do not permit a formal “no” vote

India abstained from voting to object to the IMF’s voting system & firmly opposed more funds for Pakistan as it sponsors cross-border terrorism

Govt Sources

#JustIn | #IMF says;

▶️Following economic growth of 6.5 Percent in FY24/25, India's Real GDP expanded by 7.8 Percent in the first quarter of FY25/26

▶️IMF reclassifies India's FX Management regime to 'Crawl-Like Arrangement' from 'Stabilized Arrangement'

#JustIn | #IMF On India 👇

👉FY26 growth revised upward by 70 bps to 7.3%

👉Upward revision in growth reflects better-than-est outturn in Q3, strong momentum in Q4

#India's #GDP growth is seen at 6.5% for FY27 (+10 bps vs Jan) and 6.5% in FY28 (+10 bps vs Jan), an upward revision led by #positive contributions from the carryover of the strong FY26 outturn and a decline in additional US tariffs on Indian goods: #IMF

IMF sees global growth at 3.1% in 2026 (-20 bps vs Jan est), 3.2% in 2027 (unchanged)

📈#IMF RAISES #INDIA’S FY27 GROWTH FORECAST TO 7%! 🇮🇳

🔹FY27 #GDP growth forecast raised by 0.6 percentage point to 7%
🔹FY28 growth forecast raised by 0.3 percentage point to 7%
🔹Robust domestic demand and services underpin growth despite higher oil prices
🔹India remains among the fastest-growing major economies

📊IMF flags sustained momentum and stronger growth potential

📈#IMF RAISES #INDIA’S FY27 GROWTH FORECAST TO 7%! 📷<🇮🇳

#IMF projects #global growth at 3.1% in 2026 and 3.4% in 2027, even as the outlook turns increasingly uneven. #AI investment and stronger trade support activity, but inflation, rising public debt and the #WestAsia conflict remain key risks