WORLD BANK RAISES INDIA GDP GROWTH FORECAST TO 7.1 % FOR FY27 , SEES AI DRIVING PRODUCTIVITY GAINS

What happened: The World Bank raised its India GDP growth forecast to 7.1% for FY2026-27, matching the OECD's September call, citing domestic demand, investment, manufacturing, services and exports. Key numbers: World Bank and OECD 7.1%. Moody's, S&P and ADB 7%. Fitch 6.9%. RBI 6.7%. IMF 6.4%. OECD revised from 6.3% to 7.1%, Moody's from 6% to 7%. Why it matters: The upgrades place India among the fastest-growing major economies, but the content notes risks from oil prices, West Asian conflict, El Niño and capital-flow volatility, plus the need to convert growth into jobs and income.

The World Bank raised its India GDP growth forecast to 7.1% for FY2026-27, matching the OECD's September call, citing domestic demand, investment, manufacturing, services and exports.

The upgrades place India among the fastest-growing major economies, but the content notes risks from oil prices, West Asian conflict, El Niño and capital-flow volatility, plus the need to convert growth into jobs and income.