World Bank revises India’s FY26 growth estimate upward to 7.2%:

World Bank revises India’s FY26 growth estimate upward to 7.2%:

Daily Current Affairs   /   World Bank revises India’s FY26 growth estimate upward to 7.2%:

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Category : Business and economics Published on: January 16 2026

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  • The World Bank has increased India’s GDP growth projection for the current fiscal year to 7.2%, a rise of 0.9 percentage points from its June estimate, citing strong domestic consumption and tax reforms.
  • In its Global Economic Prospects report, the Bank also forecast that India’s growth will moderate to 6.5% in 2026–27.
  • The estimates assume that the United States’ 50% import tariffs remain in force throughout the forecast period. Even under these conditions, India is expected to remain the fastest-growing major economy globally, the report said.
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