India Among Fastest-Growing Major Economies with 6.4% GDP Growth Projected for FY27: IMF

July 9, 2026 10:43 AM

India Among Fastest-Growing Major Economies with 6.4% GDP Growth Projected for FY27: IMF

India will remain among the world's fastest-growing major economies, with its GDP projected to expand by 6.4 per cent in FY2026-27, supported by strong private consumption and robust services sector activity, according to the International Monetary Fund's (IMF) July 2026 World Economic Outlook (WEO) Update. The IMF said India continues to outperform most major economies despite an expected moderation in global growth amid trade disruptions and geopolitical uncertainties. Globally, economic gro...

World trade growth set to slow to 1.9% this year, Iran war may weigh more, says WTO

March 20, 2026 2:45 PM

World trade growth set to slow to 1.9% this year, Iran war may weigh more, says WTO

Growth in world trade in goods will slow down markedly to 1.9% this year from 4.6% in 2025 and could decelerate even more if the Middle East war continues to push energy prices higher and disrupt global transport, a World Trade Organization report said on Thursday. Last year a surge in artificial intelligence-related trade and goods front-loading to avoid a slew of U.S. tariffs enabled a better-than-expected growth performance. While global trade remains resilient, buoyed by trade in AI-relate...

India’s strategic partnership with G7 to boost world trade: Study

June 26, 2025 1:25 PM

India’s strategic partnership with G7 to boost world trade: Study

A strategic collaboration in areas including clean and renewable energy, climate finance, Digital Public Infrastructure, trade and supply chain resilience, as well as, healthcare and pharma will drive a mutually beneficial growth trajectory between India and the G7 advanced countries, according to a study released on Thursday. The study released by the PHD Chamber of Commerce and Industry also mentioned the importance of maritime and Indo-Pacific security as a strategic factor that further ceme...