India expected to remain world’s fastest-growing major economy: World Bank

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...

India remains fastest-growing economy at ‘precarious moment’ for world: UN

May 16, 2025 9:21 AM

India remains fastest-growing economy at ‘precarious moment’ for world: UN

India remains the fastest-growing large economy and is expected to record a 6.3 per cent growth this fiscal year, while the global economy faces a "precarious moment," according to the UN. The UN's mid-year update of the World Economic Situation and Prospects (WESP) report said India's economy is projected to grow a tad faster next year at 6.4 per cent, even though it is also 0.3 per cent lower than the January projection. "The world economy is at a precarious moment," the report warned. "Heig...