23/10/2024
๐ *IMF Keeps Indiaโs FY25 GDP Growth Forecast Unchanged at 7%!* ๐
The International Monetary Fund (IMF) has maintained Indiaโs GDP growth forecast at 7% for FY25, following a similar projection by the RBI. This steady outlook highlights India's growth momentum, despite a cooling down from the post-pandemic surge. ๐ฎ๐ณ
Key Highlights:
- ๐ Growth expected to moderate to 6.5% in FY26
- ๐ฆ RBI forecast for FY25: 7.2% growth
- ๐ Inflation projected at 4.4% for FY25, edging closer to RBI's 4% target
- ๐ Global growth outlook stable at 3.2% for 2024, but risks loom