India, April 15 -- The International Monetary Fund (IMF) on Tuesday, marginally increased India's growth projections for 2026 and 2027, to 6.5% in both years, even as it downgraded its global growth projection to 3.1% in 2026, down from the 3.3% it predicted in January.

IMF's latest World Economic Outlook (WEO) report comes against the background of the war in West Asia, which has roiled global markets and supply chains. The US and Iran are currently in the middle of an uncertain ceasefire, but the first round of talks after the ceasefire was announced, which were held last weekend, did not result in a peace deal.

India too has been affected by the war, with supplies of gas especially, being hit, but IMF's update reiterates that the cou...