India will remain the fastest growing economy in the world with 7% growth rate, IMF’s big prediction

Oct 13, 2026

Bangkok (Thailand): October 13, 2026: IMF Tv Via Reuters: The International Monetary Fund (IMF) has projected India's economy to grow by 7 per cent in both FY27 and FY28, even as it warned that the resilience of the global economy is becoming increasingly fragile amid higher energy and food prices and geopolitical uncertainty. “The global economy remains resilient, but that resilience is becoming more fragile and more uneven,” the IMF said in its October 2026 World Economic Outlook, projecting global growth at 3.1 per cent in 2026 and 3.4 per cent in 2027. The Fund expects global inflation to rise to 4.7 per cent in 2026, driven largely by higher energy and food prices, before easing to 4.1 per cent in 2027. India remains among the fastest-growing major economies, with the IMF attributing its growth outlook to stronger-than-expected momentum, resilient domestic demand and robust services activity. The report projects India's growth at 7 per cent in both FY27 and FY28. However, the global outlook remains uneven, with the impact of the energy shock differing across countries depending on their exposure to the conflict in the Middle East, commodity prices and the strength of technology-related investment.