New Delhi, July 8 -- India remains among the fastest-growing major economies, with growth projected at 6.4 per cent, supported by strong momentum in private consumption and services activity.

The International Monetary Fund (IMF) said in its July 2026 World Economic Outlook (WEO) Update report that India maintains this leading position even as global growth faces a slowdown.

The report showed that global growth is projected to slow to 3.0 per cent in 2026 before recovering to 3.4 per cent in 2027. World trade volume growth is also expected to decelerate sharply from 5.0 per cent in 2025 to 3.5 per cent in 2026 before recovering to 4.3 per cent in 2027.

According to the IMF, these dynamics reflect earlier front-loading and the drag from...