https://sputniknews.in/20260116/india-key-growth-engine-for-global-economy-imf-10354399.html
India Key Growth Engine for Global Economy: IMF
India Key Growth Engine for Global Economy: IMF
Sputnik India
India's growth has outpaced other major economies, including China, in the financial year 2025-26, with the South Asian powerhouse's Gross Domestic Product... 16.01.2026, Sputnik India
2026-01-16T16:10+0530
2026-01-16T16:10+0530
2026-01-16T16:10+0530
business & economy
india
china
international monetary fund (imf)
diwali
indian economy
rising economies
global economy
gdp
new delhi
https://cdn1.img.sputniknews.in/img/07e9/07/12/9470612_0:217:2871:1832_1920x0_80_0_0_95452ec55d73386b094cbf8db7ac2c24.jpg
India has emerged as the key driver of global growth in the last few years, and with its robust GDP figures this fiscal, it is poised to remain the leading large economy on the planet, the International Monetary Fund (IMF) said.Kozack also highlighted that since India's growth surpassed the IMF's previous estimates in the first two quarters of 2025-26, the IMF will revise its forecast, with the update coming out in the next few days.The Indian economy grew at a rate of 7.8 and 8.2% in the first and the second quarter, respectively, in the current financial year, which is expected to rise even further in the third, given that the nation's holiday season, headlined by Diwali, saw record sales of automobiles, smartphones and other consumer durables in addition to a significant jump in sales of Gold and silver, amongst others.
https://sputniknews.in/20251112/india-to-remain-growth-leader-among-large-economies-world-bank-predicts-10060471.html
india
china
new delhi
delhi
Sputnik India
feedback.hindi@sputniknews.com
+74956456601
MIA „Rossiya Segodnya“
2026
Pawan Atri
https://cdn1.img.sputniknews.in/img/07e6/0c/13/139630_147:0:831:684_100x100_80_0_0_8fa2b25903e7787fe6a2698552c167df.png
Pawan Atri
https://cdn1.img.sputniknews.in/img/07e6/0c/13/139630_147:0:831:684_100x100_80_0_0_8fa2b25903e7787fe6a2698552c167df.png
News
en_IN
Sputnik India
feedback.hindi@sputniknews.com
+74956456601
MIA „Rossiya Segodnya“
Sputnik India
feedback.hindi@sputniknews.com
+74956456601
MIA „Rossiya Segodnya“
Pawan Atri
https://cdn1.img.sputniknews.in/img/07e6/0c/13/139630_147:0:831:684_100x100_80_0_0_8fa2b25903e7787fe6a2698552c167df.png
india, china, international monetary fund (imf) , diwali, indian economy, rising economies, global economy, gdp, new delhi, delhi
india, china, international monetary fund (imf) , diwali, indian economy, rising economies, global economy, gdp, new delhi, delhi
India Key Growth Engine for Global Economy: IMF
India's growth has outpaced other major economies, including China, in the financial year 2025-26, with the South Asian powerhouse's Gross Domestic Product (GDP) growing at a rate of 8% so far.
India has emerged as the key driver of global growth in the last few years, and with its robust GDP figures this fiscal, it is poised to remain the leading large economy on the planet, the International Monetary Fund (IMF) said.
"So what we have seen in India is that India is a key growth engine for the world," IMF spokesperson Julie Kozack said at a press conference.
Kozack also highlighted that since India's growth surpassed the IMF's previous estimates in the first two quarters of 2025-26, the IMF will revise its forecast, with the update
coming out in the next few days.
"The bottom line for us on India is that it has been a key driver of global growth, and growth has been quite robust in India," she added.
The Indian economy grew at a rate of 7.8 and 8.2% in the first and the second quarter, respectively, in the current financial year, which is expected to rise even further in the third, given that the nation's holiday season, headlined by Diwali, saw record sales of automobiles, smartphones and other consumer durables in addition to a significant jump in sales of Gold and silver, amongst others.
