💨 Abstract

The World Bank has lowered India's growth forecast for 2025-26 to 6.3% due to global economic weakness and policy uncertainty, a decrease from the previous forecast of 6.7%. This slowdown is expected as the benefits from monetary easing and regulatory streamlining are offset by global economic issues. For 2024-25, India's growth forecast has been revised downward to 6.5%.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖