World Bank raises India's growth forecast for FY26, cuts for FY27
The World Bank has raised India's GDP growth forecast for FY26 to 6.5%, from its earlier projection of 6.3% in June. It has cited resilient domestic demand, strong rural recovery, and the positive impact of GST 2.0 as the reasons for this upward revision. However, growth forecast for FY27 has been lowered from 6.5% to 6.3%, due to US tariffs.