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IMF Raises India's Growth Forecast for 2025-26 Despite US Tariff Hikes

IMF credits India's strong domestic demand and government spending for raising the 2025-26 GDP forecast to 6.6%, despite US tariffs on exports, official report shows.

Summary by Live Mint
IMF's upgrade comes a week after the World Bank raised its India growth forecast for 2025-26 to 6.5% from 6.3%, while trimming its projection for the next fiscal year by 20 basis points to 6.3% due to U.S. tariffs.

11 Articles

US President Donald Trump has imposed 50 percent tariff on India, but his tariff does not seem to have any impact on India's GDP growth. The International Monetary Fund on Tuesday (October 14, 2025) raised its estimate of India's Gross Domestic Product (GDP) growth rate for the current financial year to 6.6 percent. Earlier it was estimated to be 6.4 percent. This estimate has been raised due to strong economic growth in the first quarter, which…

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U.S. News broke the news in New York, United States on Tuesday, October 14, 2025.
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