11-September-2026
Economy News
 
IMF says India remains growth engine for world, monitoring impact of higher oil prices
11-Sep-2026

India remains a growth engine for the global economy, the spokesperson for the International Monetary Fund said on Thursday, noting that India's second-quarter growth of 7.8% was higher than expected by IMF staff. Spokesperson Julie Kozack told reporters that India's growth was driven by stronger-than-expected activity in the services sector and in exports, underscoring the resilience of the economy despite the energy price shock caused by the war in the Middle East.

News Source:- https://economictimes.indiatimes.com/news/economy/indicators/imf-says-india-remains-growth-engine-for-world-monitoring-impact-of-higher-oil-prices/articleshow/134017294.cms