The IMF's projection of a higher economic growth comes close on the heels of the World Bank raising its India growth forecast for FY26 to 6.5 per cent from 6.3 per cent. The IMF has also projected that the growth of emerging market and developing economies will moderate from 4.3 per cent in 2024 to 4.2 per cent in 2025 and 4 per cent in 2026.