IMF Trims India's GDP Growth Forecast Amid US-Iran War Fallout

The International Monetary Fund has marginally lowered its GDP growth forecast for India, citing the economic ripple effects of the ongoing US-Iran conflict. The war has disrupted energy supplies globally, putting pressure on economies dependent on stable oil markets. However, the IMF noted that the global economy has largely avoided a sharper downturn despite the conflict. Strong demand driven by the technology sector has helped cushion the blow from reduced energy availability. India's growth outlook, while slightly revised downward, reflects this broader global balancing act between sectoral strengths and geopolitical risks.