Trending News
Baltic Exchange Market Report (31 January 2025)...
  Daily Exim

NEWS DETAILS

Date: 20/01/2025

India seen fastest-growing large economy in FY26, FY27

The World Bank has kept its growth forecast for India unchanged at 6.7% for FY26, maintaining that the country will remain the fastest-growing major economy for the next two years, according to its flagship Global Economic Prospects report. The services sector is expected to enjoy sustained expansion and manufacturing activity is anticipated to strengthen, supported by government initiatives to enhance logistics infrastructure and improve the business environment through tax reforms. The multilateral lender said India’s private consumption growth is expected to be boosted by a strengthening labour market, expanding credit and declining inflation. However, government consumption growth may remain contained. Overall investment growth is expected to be steady, with rising private investment, supported by healthy corporate balance sheets and easing financing conditions, as per a report.
 
Source: Exim News Service: Washington, Jan. 19 



Featured News

EXIM INDIA ONLINE SERVICES

APPOINTMENTS

View All

USEFULL LINKS

View All

Introduction

EXIM INDIA is a reputed and all-India recognised premier publishing house. It publishes a daily newspaper.

It publishes a daily newspaper "Exim Newsletter" from Mumbai & Western India, Gujarat, New Delhi & North India and Exim India - 'Shipping Times' from Kolkata, Chennai, Cochin and Tuticorin for the last 47 years.

Read More

QUICK LINKS

Contact Details

Inquiry

© | Exim India. All rights Reserved.