{"id":1700,"date":"2026-06-12T08:42:50","date_gmt":"2026-06-12T03:12:50","guid":{"rendered":"https:\/\/theindianview.in\/en\/?p=1700"},"modified":"2026-06-12T08:42:50","modified_gmt":"2026-06-12T03:12:50","slug":"world-bank-raises-indias-fy27-growth-forecast-to-6-6","status":"publish","type":"post","link":"https:\/\/theindianview.in\/en\/world-bank-raises-indias-fy27-growth-forecast-to-6-6\/","title":{"rendered":"World Bank Raises India’s FY27 Growth Forecast to 6.6%"},"content":{"rendered":"\n

New Delhi ( Raghwendra Pratap Singh) : <\/strong>The World Bank has marginally raised India’s growth forecast for 2026-27 to 6.6% from the 6.5% projected in January, making it one of the few major economies to see an improved outlook even as the financial institution downgraded its global growth outlook due to the West Asia war.<\/p>\n\n\n\n

In its June 2026 Global Economic Prospects report released on Thursday, the World Bank said India’s economy is expected to expand 6.6% in FY27, down from an estimated 7.7% in FY26, before accelerating to 7.2% in FY28.<\/p>\n\n\n\n

Despite the slowdown, India is expected to remain among the fastest-growing major economies globally and to continue anchoring growth in South Asia, which is forecast to expand by 6.3% in 2026, according to the report.<\/p>\n\n\n\n

The World Bank’s forecast comes against the backdrop of a resilient Indian economy, which expanded 7.8% in the March quarter of FY26 despite disruptions from the West Asia war. The growth rate moderated from an upwardly revised 8% in the preceding quarter, lifting full-year FY26 growth to 7.7%, according to provisional government data released on 5 June.<\/p>\n\n\n\n

The World Bank forecast looks to be in line with current street estimates and that of the Reserve Bank of India, despite assuming a fairly high average Brent crude price of $94 per barrel. This reflects a substantial slowdown from FY26, but is still a resilient estimate given the global noise,\u201d said Madhavi Arora, chief economist at Emkay Global Financial Services Ltd.<\/p>\n\n\n\n

<\/p>\n\n\n\n

<\/p>\n\n\n\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

New Delhi ( Raghwendra Pratap Singh) : The World Bank has marginally raised India’s growth forecast for 2026-27 to 6.6% from the 6.5% projected in January, making it one of the few major economies to see an improved outlook even as the financial institution downgraded its global growth outlook due to the West Asia war. …<\/p>\n","protected":false},"author":2,"featured_media":1701,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-1700","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-india"],"yoast_head":"\nWorld Bank Raises India's FY27 Growth Forecast to 6.6% - The Indian View - English News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/theindianview.in\/en\/world-bank-raises-indias-fy27-growth-forecast-to-6-6\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"World Bank Raises India's FY27 Growth Forecast to 6.6% - 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