World Bank raises India FY27 growth forecast to 7.1% from 6.6% on stronger-than-expected activity
The World Bank raised India's FY27 growth forecast to 7.1% from 6.6%, citing stronger-than-expected economic activity. The report highlights domestic demand and robust exports as key growth drivers, while cautioning about risks from global oil prices and potential market corrections. The World Bank emphasizes the need for policy action to harness AI for productivity and public service improvements.