According to a report by the Asian Development Bank (ADB), the GDP growth forecast of India for FY27 is revised to 7% from the earlier estimate of 6.6% in July.
According to a report by the Asian Development Bank (ADB), the GDP growth forecast of India for FY27 is revised to 7% from the earlier estimate of 6.6% in July.
The Department of Personnel and Training (DoPT) under the Ministry of Personnel, Public Grievances and Pensions (MoPP&P) has approved the foreign postings of senior bureaucrats. Rahul Jain has been appointed as the Senior Adviser to the Executive Director (India) at the International Monetary Fund (IMF) for 3 years.
Baldeo Purushartha has been appointed as the Senior Adviser to the Executive Director (ED) at the Asian Development Bank (ADB) in Manila, Philippines, for 3 years. Satyajit Mohanty has been appointed as the Representative of India in the Council of the International Civil Aviation Organization (ICAO) for 3 years.
According to the 'World Economic Outlook (WEO) Update - July 2026' report titled 'Global Economy in Crosscurrents of War and Technology' released by the International Monetary Fund (IMF), India's GDP growth is revised to 6.4% for FY27 from the 6.5%.
For FY28, the report has revised India's growth projection to 6.7% from the earlier estimate of 6.5%. The report also noted that India's GDP recorded a growth of 7.7% during FY26.
According to the April 2026 “World Economic Outlook” (WEO) report titled “Global Economy in the Shadow of War” released by the International Monetary Fund (IMF), India is ranked 6th in the global Gross Domestic Product (GDP) rankings.
The GDP of India is projected to grow from $3.5 trillion in 2024 to $3.92 trillion in 2025, and it is estimated to reach $6.17 trillion by 2030. In the global rankings, the USA is expected to lead with a GDP of $39 trillion, followed by China at $27.5 trillion and Germany at $5 trillion.
According to a report by the International Monetary Fund (IMF), the Gross Domestic Product (GDP) growth of India for FY27 is revised to 6.5% from the 6.4% growth rate estimated in the January outlook.