World Bank Projects 7.1% Average Growth for India in FY28-FY29 Amid Oil Volatility
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The World Bank projects an average growth of 7.1% for India in FY28-FY29, citing the country's robust foreign exchange reserves and ability to tackle the global energy crisis. India's economy is expected to remain resilient despite oil volatility, according to the World Bank's forecast.
The World Bank forecasts India's growth at 7.1% in FY28-FY29. India's robust foreign exchange reserves will help it navigate the global energy crisis. The country's economy is expected to remain strong. The World Bank's projection is based on India's ability to manage oil price volatility. India's growth is predicted to be stable despite global economic uncertainties.
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