World Bank retains India’s FY26 growth at 6.3 pc amid global uncertainties

World Bank on Tuesday pegged India’s economic growth projection at a lower level of 6.3 per cent for 2025-26 due to pressure on exports emanating from global uncertainties, though the country will remain the fastest growing major global economy.

In April, the World Bank had lowered India’s growth projection for 2025-26 to 6.3 per cent from its January forecast of 6.7 per cent.

According to the World Bank’s latest Global Economic Prospects report, heightened trade tensions and policy uncertainty are expected to drive global growth down this year to its slowest pace since 2008 outside of outright global recessions. PTI