IMF raises India's economic growth forecast and clarifies AI ranking dispute

The International Monetary Fund (IMF) has raised its economic growth forecast for India. It now expects the country's economy to grow 7.3% in the 2026 fiscal year, though it predicts a slower pace in the following two years.

Separately, the IMF chief clarified a recent dispute over an AI readiness ranking that involved India's minister, Ashwini Vaishnaw. The chief stated the issue was due to the 'moderator' of the ranking, not the underlying data or analysis.