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