India TV

World Bank raises India's FY27 GDP growth forecast to 7.1% citing resilient domestic activity

The World Bank has raised India's GDP growth forecast for FY27 from 6.6 per cent to 7.1 per cent, up 0.5 per cent from its April projections, driven by a better-than-expected first-quarter print. We have upgraded our FY27 growth forecast to 7.1 per cent from 6.6 per cent in April, as growth has held up better than expected despite trade and geopolitical uncertainties, the World Bank said in its latest India Development Update.