October 20 , 2025
16 hrs 0 min
14
- The International Monetary Fund (IMF) has raised India’s gross domestic product (GDP) forecast for the financial year 2025–26 to 6.6 percent.
- This is a 20 basis points increase from its earlier projection made in July 2025.
- The IMF has lowered its GDP growth estimate for 2026–27 to 6.2 percent, a cut of 20 basis points from the previous forecast.
- India’s effective tariff rate on exports to the United States reached 35.8 percent in October 2025.
- This increase followed a 25 percent additional tariff imposed by the United States on Indian goods due to India’s purchase of Russian oil.
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