UN cuts India's 2026 GDP forecast to 6.4% citing global uncertainties
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The UN has lowered India's 2026 GDP growth forecast to 6.4% from 6.6%, citing global uncertainties and the West Asia crisis. Despite this, India remains one of the fastest-growing major economies. The crisis is impacting growth and inflation, complicating monetary policy. The report highlights India's robust growth driven by consumer demand and public investment, although higher energy import costs pose challenges. Global GDP growth is also projected to be lower than pre-pandemic levels.
Source: Business Standard The copyright of this article belongs to the original author/organization.
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