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'India projected to maintain fastest growth rate': World Bank holds FY26 growth at 6.3%; global growth rate forecast cut to 2.3%
Despite global economic headwinds, the World Bank projects India to be the fastest-growing major economy in 2025-26, with a 6.3% GDP expansion. While this forecast remains steady from April, it's a slight dip from January's estimate due to subdued industrial growth and export demand. However, construction, services, and rural consumption are expected to remain robust, supporting India's strong economic fundamentals.
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