International Monetary Fund (IMF) projects India GDP growth at 6.4% for FY26-27

Exam-focused facts from the 10 July 2026 current affairs briefing.

Key facts

The International Monetary Fund (IMF) projects India's economy to grow by 6.4% in FY26-27 and 6.7% in FY27-28 in its July 2026 World Economic Outlook (WEO) Update.
The IMF expects global growth to moderate to 3.0% in 2026 and recover to 3.4% in 2027.
According to government data, India's economic growth accelerated to 7.7% in 2025-26 from 7.1% in the previous year.
The Reserve Bank of India (RBI) lowered its FY27 GDP growth forecast to 6.6% from 6.9% during its June Monetary Policy Committee meeting headed by Governor Sanjay Malhotra.
The RBI expects FY27 GDP growth of 6.6% in the first quarter, 6.3% in the second quarter, 6.5% in the third quarter, and 6.8% in the fourth quarter.