IMF praises India’s 7.8% growth, supports revised GDP estimates

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AI-generated summary of the coverage listed below: The International Monetary Fund praised India’s 7.8% GDP growth in the April‑June quarter, noting the strong performance of the services and export sectors. The IMF said the growth rate exceeded expectations and highlighted India’s role as a key engine for global economic expansion. The organization also endorsed the government’s updated GDP estimates, underscoring confidence in the country’s macroeconomic stability and resilience.

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