IMF raises India GDP forecast by 20 bps to 7% for FY25
New Delhi, July 17, 2024. Improved consumption prospects, particularly in rural areas, are expected to support the country’s growth trajectory in the ongoing financial year 2024-25, the International Monetary Fund (IMF) said on Tuesday while revising India’s growth forecast upward by 20 basis points to 7 per cent. For the next financial year, the IMF…