India retains growth edge with 6.6% growth, World Bank forecasts; cuts global outlook
•Global growth forecasts have been revised down to 2.5% for 2026 due to the Middle East conflict and rising energy prices.
•India is projected to maintain its status as the fastest-growing major economy with a growth rate of 6.6% in fiscal year 2026-27.
•Rising energy costs may dampen India's growth, and fiscal deficits are anticipated to increase across South Asia.
Global growth forecasts are down to 2.5% for 2026, with the Middle East conflict and rising energy prices cited as key reasons. Despite this, India is set to remain the world's fastest-growing major economy, projected at 6.6% in fiscal year 2026-27. However, higher energy costs may moderate India's growth, while fiscal deficits are expected to widen across South Asia.المصدر: Times of India | Source: Times of India
→Global growth forecasts have been revised down to 2.5% for 2026 due to the Middle East conflict and rising energy prices.
→India is projected to maintain its status as the fastest-growing major economy with a growth rate of 6.6% in fiscal year 2026-27.
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