IMF cuts India's 2025 growth forecast to 6.2% amid US' tariffs

The International Monetary Fund (IMF) slashed India's economic growth forecast for 2025 to 6.2% from the earlier 6.5% due to global trade uncertainty after US imposed new tariffs. Meanwhile, IMF's projections set India's economic growth forecast to be the highest among emerging and advanced economies. Global growth is projected to drop to 2.8% in 2025 and 3% in 2026.