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The Economic Times
The Economic Times

World Bank raises India FY27 growth forecast to 7.1%, flags oil, El Niño risks

World Bank the World Bank India Oil El Niño Inflation Economic Growth United States

The World Bank raised its forecast for India's economic growth in fiscal 2026-27 to 7.1% from 6.6%, saying resilient domestic consumption had helped the economy absorb the impact of higher energy prices even as inflationary pressures persisted.

It lifted its 2026 growth forecast for South Asia to 6.9%, 60 basis points above its previous estimate.

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