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IMF Boosts India Growth Forecast, Cautions on Oil Price Surge - Report Wire
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IMF Boosts India Growth Forecast, Cautions on Oil Price Surge - Report Wire
India’s economic surge continues to impress, with the IMF slightly raising its growth estimates, but elevated energy prices threaten to derail progress. Speaking at the IMF Spring Meetings, Asia-Pacific Director Krishna Srinivasan announced a 0.1% hike in projections, driven by solid 2026 momentum and tariff slashes from 50% to 10%. These measures are set to stimulate trade and investment. Effective tax reforms have underpinned demand-led growth…
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