<h1>India's economy projected near 7% in FY26; higher tariffs boosted US inflation and complicate India US trade talks.</h1> India's GDP is projected close to 7 per cent in FY26 after an 8.2 per cent Q2, prompting upward revisions from earlier IMF and RBI estimates; rising US tariffs have fed into inflation and complicate trade relations, while the IMF's support to crisis countries operates through member-approved policy packages and implementation requirements.