September 16, 2024 5:55 PM

IMF further raises India’s growth projection to 7% for 2024; country fastest-growing among major economies

The International Monetary Fund (IMF), in its latest outlook, has raised India's growth projections for 2024 from 6.8 per cent earlier to 7 per cent, with the country maintaining the fastest-growing status in emerging markets and developing economies. The IMF had earlier projected growth rate of 6.5 per cent for 2024, revising it to 6.8 per cent and now 7 per cent. India continues to be the fastest growing major economy. For the year 2025, the IMF projected India's growth rate at 6.5 per...