The International Monetary Fund (IMF) has said that India's economic growth rate will accelerate to 6.5 per cent in 2010 on account of robust domestic demand and rising private investment. The regional economic outlook issued by the IMF said, the normalisation of financial conditions is expected to support a rebound of private investment, sustaining demand even as the fiscal stimulus is withdrawn. The IMF said, emerging Asia, in particular China and India are rebounding much more quickly than the western world. It added that the economic recovery in Asia is faster than the rest of the world and is projected to grow by 5.75 per cent during 2010. It added that the pickup in core inflation and inflation expectations in India suggest that demand pressures are already playing a role in pushing up inflation.Our correspondent reports that earlier this week the Reserve Bank of India retained economic growth projection at six per cent with upward bias for 2009-10 in its second quarterly review of monetary policy. Even Prime Minister Dr. Manmohan Singh had recently said that the Indian economy would grow by 6 to 6.5 per cent in the current fiscal despite being affected by the global financial recession and drought in the country.