October 7, 2025 4:16 PM
India expected to remain world’s fastest-growing major economy: World Bank
India is expected to remain the world’s fastest-growing major economy, driven by strong consumption growth, improved agricultural output, and rising rural wages, according to a World Bank report released on Tuesday. The World Bank has raised India’s growth forecast for FY26 to 6.5%, up from its earlier projection of 6.3% in June. The revision reflects resilient domestic demand, a strong rural recovery, and the positive impact of recent tax reforms. For other South Asian economies, the repo...