New Delhi, Jan. 16 -- The International Monetary Fund (IMF) has described India as a ''key growth engine for the world'' and said the third-quarter growth (in India) has come out stronger than expected.
Julie Kozack, Director, Communications Department, of the IMF, said at a press conference that IMF had estimated India's growth for Fiscal Year 2025-2026at 6.6 per cent based on strong consumption growth. However, the third quarter growth in India came out much stronger.
She was asked how did the IMF see India's growth in 2025. (The transcript of the press conference was put on the IMF site on January 16.)''What we have seen in India is that India is a key growth engine for the world. India's growth in 2025, when we did our Article IV Staf...