Current Affairs - Economy - Discussion

The World Bank has maintained its GDP growth projection for India at 6.3% for FY2025–26, despite downgrading forecasts for 70% of global economies due to trade tensions and weak investment. India remains the fastest-growing major economy, supported by strong domestic demand, a resilient services sector, and moderating inflation. The RBI's monetary policy easing and expected fiscal consolidation further bolster this outlook. While global growth is projected at just 2.3%—the slowest since 2008 (excluding recessions)—India's steady performance highlights its economic resilience amid worldwide challenges.