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Science & Environment News

The Economic Times

Science & Environment / The Economic Times

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World Bank flags oil, El Nio and global market risks to growth

The World Bank has revised its growth forecast for South Asia, projecting a robust 6.9% by 2026, driven by a surge in consumer demand. India, leading the region's economy, is expected to achieve a 7.1% growth. However, persistent high inflation and potential spikes in energy prices pose risks to this growth.

6 Oct 2026 3:45 pm