'Key growth engine': IMF hails India's economy; downplays Trump tariff impact

IMF chief Kristalina Georgieva hailed India as a key growth engine of the global economy. She also said that the global economy is faring better than feared, but warned resilience may not last amid Trump-era tariffs, rising debt, and global uncertainty. Despite US-imposed tariffs, India recorded 7.8% GDP growth in Q1 FY 202526, driven by consumption and investment.