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World Bank On Indian Economy

India to remain fastest-growing large economy in FY26, FY27: World Bank

The global economy is projected to expand by 2.7 per cent in both 2025 and 2026, the same pace as in 2024, as inflation and interest rates decline gradually

India to remain fastest-growing large economy in FY26, FY27: World Bank
Updated On : 16 Jan 2025 | 11:40 PM IST

India remains world's fastest growing major economy globally: World Bank

The global economic report of the World Bank noted that in the South Asian region, India is set to sustain its robust growth momentum although it will moderate in coming years

India remains world's fastest growing major economy globally: World Bank
Updated On : 12 Jun 2024 | 1:01 PM IST

Indian economy outperforming peers, projected to grow at 6.2% in 2024: UN

India is projected to grow at 6.2 per cent in 2024, supported by robust domestic demand and strong growth in the manufacturing and services sectors, the United Nations has said. The UN World Economic Situation and Prospects (WESP) 2024 report, launched here on Thursday, said that gross domestic product in South Asia is projected to increase by 5.2 per cent in 2024, driven by a robust expansion in India, which remains the fastest-growing large economy in the world. Growth in India is projected to reach 6.2 per cent in 2024, slightly lower than the 6.3 per cent estimate for 2023, amid robust domestic demand and strong growth in the manufacturing and services sectors, the report said. India's GDP is projected to increase to 6.6 per cent in 2025. The report notes that economic growth in India is projected to remain strong at 6.2 per cent this year mainly supported by resilient private consumption and strong public investment. While manufacturing and services sectors will continue to ..

Indian economy outperforming peers, projected to grow at 6.2% in 2024: UN
Updated On : 05 Jan 2024 | 9:34 AM IST

India will account for 18% of global growth by 2028, to play key role: IMF

India's faster growth compared with China's economic slowdown could see the South Asian nation make a bigger contribution to global growth than its larger rival

India will account for 18% of global growth by 2028, to play key role: IMF
Updated On : 20 Oct 2023 | 9:59 AM IST

Top headlines: Govt to set up Rs 1-trn agri infra fund, job cuts at Zomato

Business Standard brings to you the top headlines of the day

Top headlines: Govt to set up Rs 1-trn agri infra fund, job cuts at Zomato
Updated On : 15 May 2020 | 6:11 PM IST

World Bank sees protracted recovery for India, limited fiscal fillip scope

This projected recovery could be stronger if recent policy actions - particularly those that have mitigated trade tensions - lead to a sustained reduction in policy uncertainty, said the report

World Bank sees protracted recovery for India, limited fiscal fillip scope
Updated On : 09 Jan 2020 | 4:00 AM IST

India needs more reforms to be competitive: World Bank President Malpass

David Malpass says corporate tax cut should add to more growth

India needs more reforms to be competitive: World Bank President Malpass
Updated On : 26 Oct 2019 | 11:58 PM IST

India is not a 'tariff king', says World Bank official on Trump's remarks

Trump described India as a 'tariff king' as he reiterated his allegations that New Delhi has a high tariff rate on various American goods

India is not a 'tariff king', says World Bank official on Trump's remarks
Updated On : 31 Oct 2018 | 10:55 PM IST

World Bank endorses 5-yr plan to support India's key development priorities

India is well-positioned to become a high middle-income country by 2030, says a Hartwig Schafer, World Bank South Asia vice president

World Bank endorses 5-yr plan to support India's key development priorities
Updated On : 21 Sep 2018 | 7:38 AM IST

GST blues, cash disruption may drag India's FY18 growth to 7%: World Bank

According to the bank, GST expected to disrupt economic activity in early 2018, but has momentum to pick-up

GST blues, cash disruption may drag India's FY18 growth to 7%: World Bank
Updated On : 11 Oct 2017 | 7:53 AM IST

India's economic slowdown an aberration, GST will revive growth: World Bank

Jim Yong Kim said, 'Modi has really worked on improving business environment, we think all of those efforts will pay off as well'

India's economic slowdown an aberration, GST will revive growth: World Bank
Updated On : 06 Oct 2017 | 11:43 AM IST