IMF Labels India a Key Engine of Global Growth After 7.8% Q2 Surge
IMF spokesperson Julie Kozack praised India’s 7.8% second‑quarter GDP growth, saying it surpassed forecasts and underscored the country’s resilience as a catalyst for worldwide economic expansion.
By SamacharDaily Editorial Team••1 min read
IMF spokesperson Julie Kozack said India’s 7.8% growth in the second quarter outpaced expectations, describing the nation as a "key engine of global growth" and highlighting its economic resilience.
The statement underscores the importance of India’s performance for the broader world economy, suggesting that the country’s momentum could help offset slower growth elsewhere and reinforce confidence among investors and policymakers.
By flagging India as a primary driver of global expansion, the IMF signals that the country’s robust output could shape trade flows, investment decisions and policy priorities worldwide, offering a stabilising influence amid a generally sluggish international growth outlook.
Indonesian President Prabowo Subianto touched down in New Delhi to join the 18th BRICS Summit, where India and Indonesia will push a joint agenda of cooperation, development and prosperity.
A Surat-based textile trader returning from Dubai was allegedly robbed of 1.5 kg gold worth about Rs 1.95 crore and AED 1.28 lakh in cash at Mumbai’s Chhatrapati Shivaji Maharaj International Airport, police said Friday.
•1 min read
The Daily Briefing
Verified reporting and explanatory briefings delivered every morning. Zero fluff.
