Despite these positives, India's growth is projected to decelerate to 6.5 per cent in FY25 from 8.2 per cent in FY24, reflecting weaker manufacturing growth and a slowdown in investment.

Global growth is expected to hold at an annual rate of 2.7 percent for the next two years, the same as in 2024, the bank’s economists said.

The world economy is growing steadily in the face of global conflict, protectionist trade policies and high interest rates.

India’s economic growth is projected to grow at a rate of 6.7% over the next two financial years, a World Bank report said on Thursday.

Global economic growth stabilized at a low level of 2.7% last year and is expected to hold steady in 2025 and 2026, according to World Bank estimates released on Thursday. However, the World Bank warned that this is not sufficient to make up for the damage caused by recent economic shocks such as the coronavirus pandemic.

Global economic growth is set to steady this year and next, but remain weak and below rates that would enable poor countries to narrow the income gap with rich ones as quickly as they did earlier in the century,

According to a report released by the World Bank on Thursday, global economic growth is expected to flatline at 2.7% in 2025 and 2026, the same lackluster pace as last year. That’s not even close to the pre-COVID-19 boom years,

Weak investment and climate change threaten growth in developing economies after a period of strong expansion. View on euronews

Global economic growth stabilized at a low level of 2.7% last year and is expected to hold steady in 2025 and 2026, according to World Bank estimates released on Thursday. However, the World Bank warned that this is not sufficient to make up for the damage caused by recent economic shocks such as the coronavirus pandemic.