New Delhi, Oct. 13 -- The International Monetary Fund (IMF) on Tuesday projected India's economy to grow by 7 per cent in both FY27 and FY28, while warning of a fragile global economic outlook, rising inflation, geopolitical uncertainties and mounting fiscal pressures across major economies.

The projection, released in the IMF's October 2026 World Economic Outlook, was welcomed by Union Commerce and Industry Minister Piyush Goyal, who said India's free trade agreements (FTAs) would further strengthen global economic activity and resilient supply chains.

The IMF projected global growth to slow from 3.5 per cent in 2025 to 3.1 per cent in 2026 before recovering to 3.4 per cent in 2027.

"The global economy remains resilient, but that resi...