World Bank trims India’s economic growth forecast amid global uncertainty

Published 23/04/2025, 11:48
© Reuters.

Investing.com -- The World Bank has revised its economic growth forecast for India, citing increased global economic uncertainty that is expected to impact the prospects of most South Asian nations.

On Wednesday, the World Bank reduced its growth prediction for India by 0.4 percentage points, bringing it to 6.3% for the fiscal year that commenced on April 1. This is a downward adjustment from the forecast it had made in October.

The report by the World Bank on South Asia suggested that while monetary easing and regulatory streamlining are likely to benefit private investment in India, these advantages are anticipated to be counterbalanced by global economic weakness and policy uncertainty.

In addition to India, the World Bank has also lowered its growth forecasts for most South Asian nations. The reason given for these reductions is the limited capacity of these countries to handle global challenges. The World Bank did not provide specific figures for these other countries in the region.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2025 - Fusion Media Limited. All Rights Reserved.