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World Bank Ups India’s FY26 Growth Estimate to 6.5%

World Bank Ups India’s FY26 Growth Estimate to 6.5%:

The World Bank upgraded India’s GDP growth forecast for FY26 to 6.5%, up from its previous estimate of 6.3% made in June. The revision is attributed to strong domestic demand, resilient rural consumption, and continued gains from Goods and Services Tax (GST) reforms.India is expected to maintain its status as the world’s fastest-growing major economy, supported by a robust internal market, rising consumption, and formalization of the economy.