The International Monetary Fund (IMF) trims its forecast for India’s economic growth for fiscal year 2026–27 (FY27) to 6.4%, down from 6.5% reported in its April assessment. Multiple outlets report that the downgrade is linked to the impact of higher energy prices, even as the IMF expects the economy’s underlying momentum to remain strong. The IMF’s view of continued support from domestic activity is reflected in commentary pointing to resilient economic conditions, including strength in private consumption and sustained services activity. While the FY27 figure is lowered, the IMF maintains a positive outlook for India’s growth trajectory, including continued momentum beyond the forecast year. One outlet also notes that the IMF raises its projection for the following year (FY28), indicating an expectation that growth could strengthen after the energy-price headwinds ease. Overall, the reporting converges on a modest reduction in the FY27 growth estimate, balanced by expectations that consumption-led demand and the services sector continue to underpin growth.