IMF raises India's GDP growth forecast for 2024-25 to 7 pct

NEW DELHI, July 16 (Xinhua) -- The International Monetary Fund (IMF) Tuesday raised India's GDP growth forecast for 2024-25 to 7 percent from 6.8 percent projected in April.

The revision was made in IMF's July 2024 World Economic Outlook report released on Tuesday.

"The forecast for growth in India has also been revised upward, to 7.0 percent, this year, with the change reflecting carryover from upward re