{"id":27795,"date":"2026-06-11T21:14:01","date_gmt":"2026-06-11T15:44:01","guid":{"rendered":"https:\/\/vglobenews.com\/?p=27795"},"modified":"2026-06-11T21:14:03","modified_gmt":"2026-06-11T15:44:03","slug":"world-bank-raises-indias-growth-forecast-says-economy-remains-fastest-growing-major-nation","status":"publish","type":"post","link":"https:\/\/vglobenews.com\/?p=27795","title":{"rendered":"World Bank Raises India\u2019s Growth Forecast, Says Economy Remains Fastest-Growing Major Nation"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><strong>Washington\/New Delhi, June 12:<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">India will continue to be the world&#8217;s fastest-growing major economy despite mounting global uncertainties and the economic fallout from the ongoing conflict in the Middle East, the World Bank said on Thursday while upgrading the country&#8217;s growth outlook for the coming years.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In its latest <em>Global Economic Prospects<\/em> report, the World Bank revised India&#8217;s growth forecast for 2026 upward to 6.6 per cent from its earlier estimate of 6.5 per cent made in January. The institution also significantly raised its 2027 projection to 7.2 per cent from 6.6 per cent, citing stronger-than-expected domestic demand and the resilience of the Indian economy.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cIndia remains the fastest-growing large economy in the world,\u201d World Bank Deputy Chief Economist Ayhan Kose said during a media briefing on the report.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Responding to questions on India&#8217;s economic outlook and the impact of the Gulf crisis, Kose said the upward revision reflected the country&#8217;s robust domestic demand, which has so far offset the adverse effects arising from the conflict in the Middle East.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cThe stronger-than-expected growth momentum in domestic demand has more than compensated for the impact of the regional conflict,\u201d he said.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The World Bank noted that India&#8217;s economic fundamentals remain strong despite a challenging global environment marked by geopolitical tensions, rising energy prices and slowing growth across many advanced and developing economies.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cAll in all, India has put the necessary policy measures in place,\u201d Kose observed. \u201cWhen we look at the big picture for India, there is still incredible dynamism.\u201d<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The report projects South Asia to remain the fastest-growing region in the world in 2026, although regional growth is expected to moderate to 6.3 per cent from 7 per cent in 2025 due to higher energy costs and spillover effects from the Middle East conflict.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">India is expected to remain the primary driver of regional growth, with South Asia&#8217;s economy projected to rebound to 6.9 per cent in 2027. The World Bank forecasts India&#8217;s growth to reach 7 per cent in 2028.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">While upgrading India&#8217;s outlook, the World Bank lowered growth projections for much of the global economy. The institution expects global growth to slow to 2.5 per cent in 2026 from 2.9 per cent in 2025, making it the weakest pace since the Covid-19 pandemic.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">According to the report, higher oil prices, inflationary pressures and tighter global financial conditions are expected to weigh on economic activity worldwide. Developing economies are projected to grow by only 3.6 per cent in 2026, the slowest rate since the pandemic recovery began.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Despite these challenges, India remains one of the few major economies to receive an upgraded forecast. The World Bank attributed the positive outlook to a rebound in domestic consumption, sustained investment activity and improving export performance.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cThe stronger-than-expected growth, driven by a rebound in domestic demand and exports, has led to the upward revision,\u201d Kose said.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The report also cautioned that rising energy and fertiliser prices triggered by the Gulf conflict could pose challenges for several emerging economies, particularly those heavily dependent on imports. However, India&#8217;s strong economic momentum and policy framework are expected to help the country navigate these headwinds and maintain its position as the world&#8217;s fastest-growing major economy.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Washington\/New Delhi, June 12: India will continue to be the world&#8217;s fastest-growing major economy despite mounting global uncertainties and the economic fallout from the ongoing conflict in the Middle East, the World Bank said on Thursday while upgrading the country&#8217;s growth outlook for the coming years. In its latest Global Economic Prospects report, the World [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":27802,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[14],"tags":[],"class_list":["post-27795","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-international"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>World Bank Raises India\u2019s Growth Forecast, Says Economy Remains Fastest-Growing Major Nation - VGlobe News<\/title>\n<meta name=\"description\" content=\"India will remain the world&#039;s fastest-growing major economy despite the economic shock from the conflict in the Middle East, with the World Bank on Thursday raised its growth forecast for the country even as it cut projections for much of the global economy.In its latest Global Economic Prospects report, the World Bank upgraded India&#039;s growth forecast for 2026 to 6.6 per cent from its January estimate of 6.5 per cent and raised its 2027 projection to 7.2 per cent from 6.6 per cent, citing stronger-than-expected domestic demand and economic resilience.\u201cIndia remains the fastest growing large economy in the world,\u201d World Bank Deputy Chief Economist Ayhan Kose said during a media briefing on the Bank&#039;s latest Global Economic Prospects report.Responding to a question from IANS on India&#039;s economic performance and the impact of the Gulf crisis, Kose said the upgraded forecast reflected \u201cstronger than expected growth momentum in domestic demand, which so far, more than offsets the adverse impact of the conflict in the Middle East.\u201dThe World Bank&#039;s latest report projects South Asia to remain the fastest-growing region in the world in 2026, although regional growth is expected to slow to 6.3 per cent from 7 per cent in 2025 because of higher energy prices and broader fallout from the conflict.Kose said India&#039;s economic fundamentals continued to provide support despite the uncertain global environment.\u201cAll in all, India has put the necessary policy measures in place,\u201d he said. \u201cWhen we look at the big picture for India, there is still incredible dynamism.\u201dThe World Bank on Thursday warned that the conflict in the Middle East is expected to slow global growth to 2.5 per cent in 2026 from 2.9 per cent in 2025, marking the weakest pace since the onset of the Covid-19 pandemic. Higher oil prices, rising inflation and tighter financial conditions are expected to weigh on activity across much of the world.Even so, India was one of the few major economies to receive an upgrade.Kose said the stronger outlook was being driven by a rebound in domestic demand and exports.\u201cThe stronger-than-expected growth, driven by a rebound in domestic demand and exports,\u201d had led to the upward revision, he said.The report said South Asia would remain the strongest-performing region globally, helped largely by India&#039;s continued expansion. Regional growth is projected to recover to 6.9 per cent in 2027 after the slowdown this year. India is forecast to grow 7 per cent in 2028.India&#039;s resilience comes at a time when the World Bank expects growth in developing economies to fall to a post-pandemic low of 3.6 per cent in 2026. The report warns that higher energy and fertiliser prices triggered by the Gulf conflict could create challenges for many emerging economies, particularly energy importers.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/vglobenews.com\/?p=27795\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"World Bank Raises India\u2019s Growth Forecast, Says Economy Remains Fastest-Growing Major Nation\" \/>\n<meta property=\"og:description\" content=\"India will remain the world&#039;s fastest-growing major economy despite the economic shock from the conflict in the Middle East, with the World Bank on Thursday raised its growth forecast for the country even as it cut projections for much of the global economy.In its latest Global Economic Prospects report, the World Bank upgraded India&#039;s growth forecast for 2026 to 6.6 per cent from its January estimate of 6.5 per cent and raised its 2027 projection to 7.2 per cent from 6.6 per cent, citing stronger-than-expected domestic demand and economic resilience.\u201cIndia remains the fastest growing large economy in the world,\u201d World Bank Deputy Chief Economist Ayhan Kose said during a media briefing on the Bank&#039;s latest Global Economic Prospects report.Responding to a question from IANS on India&#039;s economic performance and the impact of the Gulf crisis, Kose said the upgraded forecast reflected \u201cstronger than expected growth momentum in domestic demand, which so far, more than offsets the adverse impact of the conflict in the Middle East.\u201dThe World Bank&#039;s latest report projects South Asia to remain the fastest-growing region in the world in 2026, although regional growth is expected to slow to 6.3 per cent from 7 per cent in 2025 because of higher energy prices and broader fallout from the conflict.Kose said India&#039;s economic fundamentals continued to provide support despite the uncertain global environment.\u201cAll in all, India has put the necessary policy measures in place,\u201d he said. \u201cWhen we look at the big picture for India, there is still incredible dynamism.\u201dThe World Bank on Thursday warned that the conflict in the Middle East is expected to slow global growth to 2.5 per cent in 2026 from 2.9 per cent in 2025, marking the weakest pace since the onset of the Covid-19 pandemic. Higher oil prices, rising inflation and tighter financial conditions are expected to weigh on activity across much of the world.Even so, India was one of the few major economies to receive an upgrade.Kose said the stronger outlook was being driven by a rebound in domestic demand and exports.\u201cThe stronger-than-expected growth, driven by a rebound in domestic demand and exports,\u201d had led to the upward revision, he said.The report said South Asia would remain the strongest-performing region globally, helped largely by India&#039;s continued expansion. Regional growth is projected to recover to 6.9 per cent in 2027 after the slowdown this year. India is forecast to grow 7 per cent in 2028.India&#039;s resilience comes at a time when the World Bank expects growth in developing economies to fall to a post-pandemic low of 3.6 per cent in 2026. The report warns that higher energy and fertiliser prices triggered by the Gulf conflict could create challenges for many emerging economies, particularly energy importers.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/vglobenews.com\/?p=27795\" \/>\n<meta property=\"og:site_name\" content=\"VGlobe News\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/vglobenews.flow\" \/>\n<meta property=\"article:published_time\" content=\"2026-06-11T15:44:01+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-06-11T15:44:03+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/vglobenews.com\/wp-content\/uploads\/2026\/06\/image-31.png\" \/>\n\t<meta property=\"og:image:width\" content=\"499\" \/>\n\t<meta property=\"og:image:height\" content=\"281\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"VGlobe News\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"World Bank Raises India\u2019s Growth Forecast, Says Economy Remains Fastest-Growing Major Nation\" \/>\n<meta name=\"twitter:description\" content=\"India will remain the world&#039;s fastest-growing major economy despite the economic shock from the conflict in the Middle East, with the World Bank on Thursday raised its growth forecast for the country even as it cut projections for much of the global economy.In its latest Global Economic Prospects report, the World Bank upgraded India&#039;s growth forecast for 2026 to 6.6 per cent from its January estimate of 6.5 per cent and raised its 2027 projection to 7.2 per cent from 6.6 per cent, citing stronger-than-expected domestic demand and economic resilience.\u201cIndia remains the fastest growing large economy in the world,\u201d World Bank Deputy Chief Economist Ayhan Kose said during a media briefing on the Bank&#039;s latest Global Economic Prospects report.Responding to a question from IANS on India&#039;s economic performance and the impact of the Gulf crisis, Kose said the upgraded forecast reflected \u201cstronger than expected growth momentum in domestic demand, which so far, more than offsets the adverse impact of the conflict in the Middle East.\u201dThe World Bank&#039;s latest report projects South Asia to remain the fastest-growing region in the world in 2026, although regional growth is expected to slow to 6.3 per cent from 7 per cent in 2025 because of higher energy prices and broader fallout from the conflict.Kose said India&#039;s economic fundamentals continued to provide support despite the uncertain global environment.\u201cAll in all, India has put the necessary policy measures in place,\u201d he said. \u201cWhen we look at the big picture for India, there is still incredible dynamism.\u201dThe World Bank on Thursday warned that the conflict in the Middle East is expected to slow global growth to 2.5 per cent in 2026 from 2.9 per cent in 2025, marking the weakest pace since the onset of the Covid-19 pandemic. Higher oil prices, rising inflation and tighter financial conditions are expected to weigh on activity across much of the world.Even so, India was one of the few major economies to receive an upgrade.Kose said the stronger outlook was being driven by a rebound in domestic demand and exports.\u201cThe stronger-than-expected growth, driven by a rebound in domestic demand and exports,\u201d had led to the upward revision, he said.The report said South Asia would remain the strongest-performing region globally, helped largely by India&#039;s continued expansion. Regional growth is projected to recover to 6.9 per cent in 2027 after the slowdown this year. India is forecast to grow 7 per cent in 2028.India&#039;s resilience comes at a time when the World Bank expects growth in developing economies to fall to a post-pandemic low of 3.6 per cent in 2026. The report warns that higher energy and fertiliser prices triggered by the Gulf conflict could create challenges for many emerging economies, particularly energy importers.\" \/>\n<meta name=\"twitter:creator\" content=\"@VGlobeNews7\" \/>\n<meta name=\"twitter:site\" content=\"@VGlobeNews7\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"VGlobe News\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\\\/\\\/vglobenews.com\\\/?p=27795#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/vglobenews.com\\\/?p=27795\"},\"author\":{\"name\":\"VGlobe News\",\"@id\":\"https:\\\/\\\/vglobenews.com\\\/#\\\/schema\\\/person\\\/616b595b869ea3529a40ee29148fe1b8\"},\"headline\":\"World Bank Raises India\u2019s Growth Forecast, Says Economy Remains Fastest-Growing Major Nation\",\"datePublished\":\"2026-06-11T15:44:01+00:00\",\"dateModified\":\"2026-06-11T15:44:03+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/vglobenews.com\\\/?p=27795\"},\"wordCount\":522,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/vglobenews.com\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/vglobenews.com\\\/?p=27795#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/i0.wp.com\\\/vglobenews.com\\\/wp-content\\\/uploads\\\/2026\\\/06\\\/image-31.png?fit=499%2C281&ssl=1\",\"articleSection\":[\"International\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/vglobenews.com\\\/?p=27795#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/vglobenews.com\\\/?p=27795\",\"url\":\"https:\\\/\\\/vglobenews.com\\\/?p=27795\",\"name\":\"World Bank Raises India\u2019s Growth Forecast, Says Economy Remains Fastest-Growing Major Nation - VGlobe News\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/vglobenews.com\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/vglobenews.com\\\/?p=27795#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/vglobenews.com\\\/?p=27795#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/i0.wp.com\\\/vglobenews.com\\\/wp-content\\\/uploads\\\/2026\\\/06\\\/image-31.png?fit=499%2C281&ssl=1\",\"datePublished\":\"2026-06-11T15:44:01+00:00\",\"dateModified\":\"2026-06-11T15:44:03+00:00\",\"description\":\"India will remain the world's fastest-growing major economy despite the economic shock from the conflict in the Middle East, with the World Bank on Thursday raised its growth forecast for the country even as it cut projections for much of the global economy.In its latest Global Economic Prospects report, the World Bank upgraded India's growth forecast for 2026 to 6.6 per cent from its January estimate of 6.5 per cent and raised its 2027 projection to 7.2 per cent from 6.6 per cent, citing stronger-than-expected domestic demand and economic resilience.\u201cIndia remains the fastest growing large economy in the world,\u201d World Bank Deputy Chief Economist Ayhan Kose said during a media briefing on the Bank's latest Global Economic Prospects report.Responding to a question from IANS on India's economic performance and the impact of the Gulf crisis, Kose said the upgraded forecast reflected \u201cstronger than expected growth momentum in domestic demand, which so far, more than offsets the adverse impact of the conflict in the Middle East.\u201dThe World Bank's latest report projects South Asia to remain the fastest-growing region in the world in 2026, although regional growth is expected to slow to 6.3 per cent from 7 per cent in 2025 because of higher energy prices and broader fallout from the conflict.Kose said India's economic fundamentals continued to provide support despite the uncertain global environment.\u201cAll in all, India has put the necessary policy measures in place,\u201d he said. \u201cWhen we look at the big picture for India, there is still incredible dynamism.\u201dThe World Bank on Thursday warned that the conflict in the Middle East is expected to slow global growth to 2.5 per cent in 2026 from 2.9 per cent in 2025, marking the weakest pace since the onset of the Covid-19 pandemic. Higher oil prices, rising inflation and tighter financial conditions are expected to weigh on activity across much of the world.Even so, India was one of the few major economies to receive an upgrade.Kose said the stronger outlook was being driven by a rebound in domestic demand and exports.\u201cThe stronger-than-expected growth, driven by a rebound in domestic demand and exports,\u201d had led to the upward revision, he said.The report said South Asia would remain the strongest-performing region globally, helped largely by India's continued expansion. Regional growth is projected to recover to 6.9 per cent in 2027 after the slowdown this year. India is forecast to grow 7 per cent in 2028.India's resilience comes at a time when the World Bank expects growth in developing economies to fall to a post-pandemic low of 3.6 per cent in 2026. The report warns that higher energy and fertiliser prices triggered by the Gulf conflict could create challenges for many emerging economies, particularly energy importers.\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/vglobenews.com\\\/?p=27795#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/vglobenews.com\\\/?p=27795\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/vglobenews.com\\\/?p=27795#primaryimage\",\"url\":\"https:\\\/\\\/i0.wp.com\\\/vglobenews.com\\\/wp-content\\\/uploads\\\/2026\\\/06\\\/image-31.png?fit=499%2C281&ssl=1\",\"contentUrl\":\"https:\\\/\\\/i0.wp.com\\\/vglobenews.com\\\/wp-content\\\/uploads\\\/2026\\\/06\\\/image-31.png?fit=499%2C281&ssl=1\",\"width\":499,\"height\":281},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/vglobenews.com\\\/?p=27795#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/vglobenews.com\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"World Bank Raises India\u2019s Growth Forecast, Says Economy Remains Fastest-Growing Major Nation\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/vglobenews.com\\\/#website\",\"url\":\"https:\\\/\\\/vglobenews.com\\\/\",\"name\":\"VGlobe News\",\"description\":\"News from Village to Global\",\"publisher\":{\"@id\":\"https:\\\/\\\/vglobenews.com\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/vglobenews.com\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/vglobenews.com\\\/#organization\",\"name\":\"Varun Global Network Solutions\",\"alternateName\":\"VGlobe News\",\"url\":\"https:\\\/\\\/vglobenews.com\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/vglobenews.com\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/i0.wp.com\\\/vglobenews.com\\\/wp-content\\\/uploads\\\/2023\\\/06\\\/Vglobe_News_Logo-D__2_-removebg-preview__1___1_-removebg-preview.png?fit=150%2C150&ssl=1\",\"contentUrl\":\"https:\\\/\\\/i0.wp.com\\\/vglobenews.com\\\/wp-content\\\/uploads\\\/2023\\\/06\\\/Vglobe_News_Logo-D__2_-removebg-preview__1___1_-removebg-preview.png?fit=150%2C150&ssl=1\",\"width\":150,\"height\":150,\"caption\":\"Varun Global Network Solutions\"},\"image\":{\"@id\":\"https:\\\/\\\/vglobenews.com\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/vglobenews.flow\",\"https:\\\/\\\/x.com\\\/VGlobeNews7\",\"https:\\\/\\\/www.linkedin.com\\\/in\\\/v-globe-news-56a884212\\\/\",\"https:\\\/\\\/www.instagram.com\\\/vglobenews\\\/\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/vglobenews.com\\\/#\\\/schema\\\/person\\\/616b595b869ea3529a40ee29148fe1b8\",\"name\":\"VGlobe News\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/f2228b627127a2a2a05d79525247c34866739b0de16aeea5767b29d2b67fc6d4?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/f2228b627127a2a2a05d79525247c34866739b0de16aeea5767b29d2b67fc6d4?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/f2228b627127a2a2a05d79525247c34866739b0de16aeea5767b29d2b67fc6d4?s=96&d=mm&r=g\",\"caption\":\"VGlobe News\"},\"sameAs\":[\"https:\\\/\\\/vglobenews.com\"],\"url\":\"https:\\\/\\\/vglobenews.com\\\/?author=1\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"World Bank Raises India\u2019s Growth Forecast, Says Economy Remains Fastest-Growing Major Nation - VGlobe News","description":"India will remain the world's fastest-growing major economy despite the economic shock from the conflict in the Middle East, with the World Bank on Thursday raised its growth forecast for the country even as it cut projections for much of the global economy.In its latest Global Economic Prospects report, the World Bank upgraded India's growth forecast for 2026 to 6.6 per cent from its January estimate of 6.5 per cent and raised its 2027 projection to 7.2 per cent from 6.6 per cent, citing stronger-than-expected domestic demand and economic resilience.\u201cIndia remains the fastest growing large economy in the world,\u201d World Bank Deputy Chief Economist Ayhan Kose said during a media briefing on the Bank's latest Global Economic Prospects report.Responding to a question from IANS on India's economic performance and the impact of the Gulf crisis, Kose said the upgraded forecast reflected \u201cstronger than expected growth momentum in domestic demand, which so far, more than offsets the adverse impact of the conflict in the Middle East.\u201dThe World Bank's latest report projects South Asia to remain the fastest-growing region in the world in 2026, although regional growth is expected to slow to 6.3 per cent from 7 per cent in 2025 because of higher energy prices and broader fallout from the conflict.Kose said India's economic fundamentals continued to provide support despite the uncertain global environment.\u201cAll in all, India has put the necessary policy measures in place,\u201d he said. \u201cWhen we look at the big picture for India, there is still incredible dynamism.\u201dThe World Bank on Thursday warned that the conflict in the Middle East is expected to slow global growth to 2.5 per cent in 2026 from 2.9 per cent in 2025, marking the weakest pace since the onset of the Covid-19 pandemic. Higher oil prices, rising inflation and tighter financial conditions are expected to weigh on activity across much of the world.Even so, India was one of the few major economies to receive an upgrade.Kose said the stronger outlook was being driven by a rebound in domestic demand and exports.\u201cThe stronger-than-expected growth, driven by a rebound in domestic demand and exports,\u201d had led to the upward revision, he said.The report said South Asia would remain the strongest-performing region globally, helped largely by India's continued expansion. Regional growth is projected to recover to 6.9 per cent in 2027 after the slowdown this year. India is forecast to grow 7 per cent in 2028.India's resilience comes at a time when the World Bank expects growth in developing economies to fall to a post-pandemic low of 3.6 per cent in 2026. The report warns that higher energy and fertiliser prices triggered by the Gulf conflict could create challenges for many emerging economies, particularly energy importers.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/vglobenews.com\/?p=27795","og_locale":"en_US","og_type":"article","og_title":"World Bank Raises India\u2019s Growth Forecast, Says Economy Remains Fastest-Growing Major Nation","og_description":"India will remain the world's fastest-growing major economy despite the economic shock from the conflict in the Middle East, with the World Bank on Thursday raised its growth forecast for the country even as it cut projections for much of the global economy.In its latest Global Economic Prospects report, the World Bank upgraded India's growth forecast for 2026 to 6.6 per cent from its January estimate of 6.5 per cent and raised its 2027 projection to 7.2 per cent from 6.6 per cent, citing stronger-than-expected domestic demand and economic resilience.\u201cIndia remains the fastest growing large economy in the world,\u201d World Bank Deputy Chief Economist Ayhan Kose said during a media briefing on the Bank's latest Global Economic Prospects report.Responding to a question from IANS on India's economic performance and the impact of the Gulf crisis, Kose said the upgraded forecast reflected \u201cstronger than expected growth momentum in domestic demand, which so far, more than offsets the adverse impact of the conflict in the Middle East.\u201dThe World Bank's latest report projects South Asia to remain the fastest-growing region in the world in 2026, although regional growth is expected to slow to 6.3 per cent from 7 per cent in 2025 because of higher energy prices and broader fallout from the conflict.Kose said India's economic fundamentals continued to provide support despite the uncertain global environment.\u201cAll in all, India has put the necessary policy measures in place,\u201d he said. \u201cWhen we look at the big picture for India, there is still incredible dynamism.\u201dThe World Bank on Thursday warned that the conflict in the Middle East is expected to slow global growth to 2.5 per cent in 2026 from 2.9 per cent in 2025, marking the weakest pace since the onset of the Covid-19 pandemic. Higher oil prices, rising inflation and tighter financial conditions are expected to weigh on activity across much of the world.Even so, India was one of the few major economies to receive an upgrade.Kose said the stronger outlook was being driven by a rebound in domestic demand and exports.\u201cThe stronger-than-expected growth, driven by a rebound in domestic demand and exports,\u201d had led to the upward revision, he said.The report said South Asia would remain the strongest-performing region globally, helped largely by India's continued expansion. Regional growth is projected to recover to 6.9 per cent in 2027 after the slowdown this year. India is forecast to grow 7 per cent in 2028.India's resilience comes at a time when the World Bank expects growth in developing economies to fall to a post-pandemic low of 3.6 per cent in 2026. The report warns that higher energy and fertiliser prices triggered by the Gulf conflict could create challenges for many emerging economies, particularly energy importers.","og_url":"https:\/\/vglobenews.com\/?p=27795","og_site_name":"VGlobe News","article_publisher":"https:\/\/www.facebook.com\/vglobenews.flow","article_published_time":"2026-06-11T15:44:01+00:00","article_modified_time":"2026-06-11T15:44:03+00:00","og_image":[{"width":499,"height":281,"url":"https:\/\/vglobenews.com\/wp-content\/uploads\/2026\/06\/image-31.png","type":"image\/png"}],"author":"VGlobe News","twitter_card":"summary_large_image","twitter_title":"World Bank Raises India\u2019s Growth Forecast, Says Economy Remains Fastest-Growing Major Nation","twitter_description":"India will remain the world's fastest-growing major economy despite the economic shock from the conflict in the Middle East, with the World Bank on Thursday raised its growth forecast for the country even as it cut projections for much of the global economy.In its latest Global Economic Prospects report, the World Bank upgraded India's growth forecast for 2026 to 6.6 per cent from its January estimate of 6.5 per cent and raised its 2027 projection to 7.2 per cent from 6.6 per cent, citing stronger-than-expected domestic demand and economic resilience.\u201cIndia remains the fastest growing large economy in the world,\u201d World Bank Deputy Chief Economist Ayhan Kose said during a media briefing on the Bank's latest Global Economic Prospects report.Responding to a question from IANS on India's economic performance and the impact of the Gulf crisis, Kose said the upgraded forecast reflected \u201cstronger than expected growth momentum in domestic demand, which so far, more than offsets the adverse impact of the conflict in the Middle East.\u201dThe World Bank's latest report projects South Asia to remain the fastest-growing region in the world in 2026, although regional growth is expected to slow to 6.3 per cent from 7 per cent in 2025 because of higher energy prices and broader fallout from the conflict.Kose said India's economic fundamentals continued to provide support despite the uncertain global environment.\u201cAll in all, India has put the necessary policy measures in place,\u201d he said. \u201cWhen we look at the big picture for India, there is still incredible dynamism.\u201dThe World Bank on Thursday warned that the conflict in the Middle East is expected to slow global growth to 2.5 per cent in 2026 from 2.9 per cent in 2025, marking the weakest pace since the onset of the Covid-19 pandemic. Higher oil prices, rising inflation and tighter financial conditions are expected to weigh on activity across much of the world.Even so, India was one of the few major economies to receive an upgrade.Kose said the stronger outlook was being driven by a rebound in domestic demand and exports.\u201cThe stronger-than-expected growth, driven by a rebound in domestic demand and exports,\u201d had led to the upward revision, he said.The report said South Asia would remain the strongest-performing region globally, helped largely by India's continued expansion. Regional growth is projected to recover to 6.9 per cent in 2027 after the slowdown this year. India is forecast to grow 7 per cent in 2028.India's resilience comes at a time when the World Bank expects growth in developing economies to fall to a post-pandemic low of 3.6 per cent in 2026. The report warns that higher energy and fertiliser prices triggered by the Gulf conflict could create challenges for many emerging economies, particularly energy importers.","twitter_creator":"@VGlobeNews7","twitter_site":"@VGlobeNews7","twitter_misc":{"Written by":"VGlobe News","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/vglobenews.com\/?p=27795#article","isPartOf":{"@id":"https:\/\/vglobenews.com\/?p=27795"},"author":{"name":"VGlobe News","@id":"https:\/\/vglobenews.com\/#\/schema\/person\/616b595b869ea3529a40ee29148fe1b8"},"headline":"World Bank Raises India\u2019s Growth Forecast, Says Economy Remains Fastest-Growing Major Nation","datePublished":"2026-06-11T15:44:01+00:00","dateModified":"2026-06-11T15:44:03+00:00","mainEntityOfPage":{"@id":"https:\/\/vglobenews.com\/?p=27795"},"wordCount":522,"commentCount":0,"publisher":{"@id":"https:\/\/vglobenews.com\/#organization"},"image":{"@id":"https:\/\/vglobenews.com\/?p=27795#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/vglobenews.com\/wp-content\/uploads\/2026\/06\/image-31.png?fit=499%2C281&ssl=1","articleSection":["International"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/vglobenews.com\/?p=27795#respond"]}]},{"@type":"WebPage","@id":"https:\/\/vglobenews.com\/?p=27795","url":"https:\/\/vglobenews.com\/?p=27795","name":"World Bank Raises India\u2019s Growth Forecast, Says Economy Remains Fastest-Growing Major Nation - VGlobe News","isPartOf":{"@id":"https:\/\/vglobenews.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/vglobenews.com\/?p=27795#primaryimage"},"image":{"@id":"https:\/\/vglobenews.com\/?p=27795#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/vglobenews.com\/wp-content\/uploads\/2026\/06\/image-31.png?fit=499%2C281&ssl=1","datePublished":"2026-06-11T15:44:01+00:00","dateModified":"2026-06-11T15:44:03+00:00","description":"India will remain the world's fastest-growing major economy despite the economic shock from the conflict in the Middle East, with the World Bank on Thursday raised its growth forecast for the country even as it cut projections for much of the global economy.In its latest Global Economic Prospects report, the World Bank upgraded India's growth forecast for 2026 to 6.6 per cent from its January estimate of 6.5 per cent and raised its 2027 projection to 7.2 per cent from 6.6 per cent, citing stronger-than-expected domestic demand and economic resilience.\u201cIndia remains the fastest growing large economy in the world,\u201d World Bank Deputy Chief Economist Ayhan Kose said during a media briefing on the Bank's latest Global Economic Prospects report.Responding to a question from IANS on India's economic performance and the impact of the Gulf crisis, Kose said the upgraded forecast reflected \u201cstronger than expected growth momentum in domestic demand, which so far, more than offsets the adverse impact of the conflict in the Middle East.\u201dThe World Bank's latest report projects South Asia to remain the fastest-growing region in the world in 2026, although regional growth is expected to slow to 6.3 per cent from 7 per cent in 2025 because of higher energy prices and broader fallout from the conflict.Kose said India's economic fundamentals continued to provide support despite the uncertain global environment.\u201cAll in all, India has put the necessary policy measures in place,\u201d he said. \u201cWhen we look at the big picture for India, there is still incredible dynamism.\u201dThe World Bank on Thursday warned that the conflict in the Middle East is expected to slow global growth to 2.5 per cent in 2026 from 2.9 per cent in 2025, marking the weakest pace since the onset of the Covid-19 pandemic. Higher oil prices, rising inflation and tighter financial conditions are expected to weigh on activity across much of the world.Even so, India was one of the few major economies to receive an upgrade.Kose said the stronger outlook was being driven by a rebound in domestic demand and exports.\u201cThe stronger-than-expected growth, driven by a rebound in domestic demand and exports,\u201d had led to the upward revision, he said.The report said South Asia would remain the strongest-performing region globally, helped largely by India's continued expansion. Regional growth is projected to recover to 6.9 per cent in 2027 after the slowdown this year. India is forecast to grow 7 per cent in 2028.India's resilience comes at a time when the World Bank expects growth in developing economies to fall to a post-pandemic low of 3.6 per cent in 2026. The report warns that higher energy and fertiliser prices triggered by the Gulf conflict could create challenges for many emerging economies, particularly energy importers.","breadcrumb":{"@id":"https:\/\/vglobenews.com\/?p=27795#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/vglobenews.com\/?p=27795"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/vglobenews.com\/?p=27795#primaryimage","url":"https:\/\/i0.wp.com\/vglobenews.com\/wp-content\/uploads\/2026\/06\/image-31.png?fit=499%2C281&ssl=1","contentUrl":"https:\/\/i0.wp.com\/vglobenews.com\/wp-content\/uploads\/2026\/06\/image-31.png?fit=499%2C281&ssl=1","width":499,"height":281},{"@type":"BreadcrumbList","@id":"https:\/\/vglobenews.com\/?p=27795#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/vglobenews.com\/"},{"@type":"ListItem","position":2,"name":"World Bank Raises India\u2019s Growth Forecast, Says Economy Remains Fastest-Growing Major Nation"}]},{"@type":"WebSite","@id":"https:\/\/vglobenews.com\/#website","url":"https:\/\/vglobenews.com\/","name":"VGlobe News","description":"News from Village to Global","publisher":{"@id":"https:\/\/vglobenews.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/vglobenews.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/vglobenews.com\/#organization","name":"Varun Global Network Solutions","alternateName":"VGlobe News","url":"https:\/\/vglobenews.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/vglobenews.com\/#\/schema\/logo\/image\/","url":"https:\/\/i0.wp.com\/vglobenews.com\/wp-content\/uploads\/2023\/06\/Vglobe_News_Logo-D__2_-removebg-preview__1___1_-removebg-preview.png?fit=150%2C150&ssl=1","contentUrl":"https:\/\/i0.wp.com\/vglobenews.com\/wp-content\/uploads\/2023\/06\/Vglobe_News_Logo-D__2_-removebg-preview__1___1_-removebg-preview.png?fit=150%2C150&ssl=1","width":150,"height":150,"caption":"Varun Global Network Solutions"},"image":{"@id":"https:\/\/vglobenews.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/vglobenews.flow","https:\/\/x.com\/VGlobeNews7","https:\/\/www.linkedin.com\/in\/v-globe-news-56a884212\/","https:\/\/www.instagram.com\/vglobenews\/"]},{"@type":"Person","@id":"https:\/\/vglobenews.com\/#\/schema\/person\/616b595b869ea3529a40ee29148fe1b8","name":"VGlobe News","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/f2228b627127a2a2a05d79525247c34866739b0de16aeea5767b29d2b67fc6d4?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/f2228b627127a2a2a05d79525247c34866739b0de16aeea5767b29d2b67fc6d4?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/f2228b627127a2a2a05d79525247c34866739b0de16aeea5767b29d2b67fc6d4?s=96&d=mm&r=g","caption":"VGlobe News"},"sameAs":["https:\/\/vglobenews.com"],"url":"https:\/\/vglobenews.com\/?author=1"}]}},"jetpack_featured_media_url":"https:\/\/i0.wp.com\/vglobenews.com\/wp-content\/uploads\/2026\/06\/image-31.png?fit=499%2C281&ssl=1","jetpack_likes_enabled":true,"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/vglobenews.com\/index.php?rest_route=\/wp\/v2\/posts\/27795","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/vglobenews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/vglobenews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/vglobenews.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/vglobenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=27795"}],"version-history":[{"count":1,"href":"https:\/\/vglobenews.com\/index.php?rest_route=\/wp\/v2\/posts\/27795\/revisions"}],"predecessor-version":[{"id":27803,"href":"https:\/\/vglobenews.com\/index.php?rest_route=\/wp\/v2\/posts\/27795\/revisions\/27803"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/vglobenews.com\/index.php?rest_route=\/wp\/v2\/media\/27802"}],"wp:attachment":[{"href":"https:\/\/vglobenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=27795"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/vglobenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=27795"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/vglobenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=27795"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}