Current Affairs 15 October 2026

In short

  • IMF raises India’s GDP growth forecast to 7% for 2026–27
  • India and Canada reaffirm target to double bilateral trade by 2030

…and 8 more stories on ECONOMY, POLITY, DIPLOMACY, GOVERNANCE.

Top stories

ECONOMY

IMF raises India’s GDP growth forecast to 7% for 2026–27

The International Monetary Fund raised India’s GDP growth forecast for 2026–27 to 7%. The earlier July projection had placed growth at 6.4%. The revision reflects stronger domestic demand. Robust services-sector activity also contributed to the upward revision. The forecast is significant for India’s position among the fastest-growing major economies. It may also influence assessments of India’s macroeconomic outlook. [10]

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Which institution raised India’s GDP growth forecast for 2026–27 to 7%?

DIPLOMACY

India and Canada reaffirm target to double bilateral trade by 2030

Prime Minister Narendra Modi and Canadian Prime Minister Mark Carney held a telephone conversation. They agreed to strengthen cooperation in trade, energy, technology and security. Both leaders reaffirmed the goal of doubling bilateral trade by 2030. The discussion also focused on advancing negotiations for a Comprehensive Economic Partnership Agreement. The development indicates an effort to deepen India–Canada economic engagement. [4][9]

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Who held a telephone conversation with Prime Minister Narendra Modi on India–Canada relations?

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