India is expected to remain the world’s fastest-growing major economy, driven by strong consumption growth, improved agricultural output, and rising rural wages, according to a World Bank report released on Tuesday.

The World Bank has raised India’s growth forecast for FY26 to 6.5%, up from its earlier projection of 6.3% in June. The revision reflects resilient domestic demand, a strong rural recovery, and the positive impact of recent tax reforms.

For other South Asian economies, the report projects mixed trends. Bangladesh is expected to grow at 4.8% in FY26, while Bhutan’s forecast has been downgraded to 7.3% due to delays in hydropower construction, although growth is expected to rebound in FY27. Growth in the Maldives is projected to slow to 3.9%, and Nepal’s economy is likely to ex

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