On a global basis, growth was lowered from 3.3% to 2.8% for the whole of 2025, with the IMF saying that tariffs were "a major negative shock to growth."

The IMF's April 2025 World Economic Outlook revised India's 2025 GDP growth to 6.2%, down from the previously projected 6.5%, due to increased trade t

The International Monetary Fund (IMF) on Tuesday cut its economic growth forecast for India for the current fiscal year, citing increased trade tensions and global uncertainty. The IMF lowered its forecast for the South Asian country to 6.