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IMF and World Bank Maintain India's Growth Forecast at 6.5%-6.7%

1/19/2025

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Story summary

Despite a slowdown in industrial activity, the International Monetary Fund (IMF) holds India's growth forecast steady at 6.5% for FY25, while the World Bank is slightly more optimistic at 6.7%. Both institutions underscore India's resilience in the face of global challenges, urging action to enhance consumption and tackle inflation amid looming geopolitical risks.

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Story summary

Despite a slowdown in industrial activity, the International Monetary Fund (IMF) holds India's growth forecast steady at 6.5% for FY25, while the World Bank is slightly more optimistic at 6.7%. Both institutions underscore India's resilience in the face of global challenges, urging action to enhance consumption and tackle inflation amid looming geopolitical risks.