October 13, 2026 11:44 AM

AI investment props up global growth, but war and debt threaten outlook, IMF says

The global economy will still manage to top 3% real GDP growth this year as strong AI investment offsets the energy shock from the war in the Middle East, but downside risks are mounting and more countries are being left behind and vulnerable to rising debt loads, the International Monetary Fund said on Tuesday. Despite a more protracted conflict that has kept oil prices above $100 a barrel, the IMF is forecasting 2026 global growth at 3.1%, a slight uptick from the 3.0% it predicted in July. ...

October 13, 2026 9:31 AM

IMF raises India’s growth forecast to 7% for 2026, keeps it among fastest-growing major economies

The International Monetary Fund (IMF) on Tuesday raised India's economic growth forecast to 7 per cent for 2026, citing stronger-than-expected domestic demand and robust services activity, even as the conflict in the Middle East and elevated oil prices weigh on the global economy. In its October 2026 World Economic Outlook (WEO), the IMF projected India's growth at 7 per cent in both 2026 and 2027 on a fiscal-year basis, keeping the country among the world's fastest-growing major economies. Th...

September 16, 2026 12:30 PM

India has potential to power next wave of global growth: IMF

India has the potential to drive the next wave of global growth, backed by strong economic fundamentals, private-sector dynamism and expanding technological capabilities, International Monetary Fund (IMF) Deputy Managing Director Nigel Clarke has said. Clarke made the remarks after concluding a five-day visit to India, during which he held meetings in New Delhi, Mumbai and Chennai. "India has the potential to power the next wave of global growth, and the IMF remains a close partner in supporti...