Economy
World Bank Raises India's FY27 GDP Growth Forecast to 7.1%
The Indian Express1h
THE BRIEF
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The World Bank raised its India GDP growth forecast for the current fiscal year by half a percentage point to 7.1% in its South Asia Economic Update.
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The multilateral organisation expects strong momentum in industry and services to offset agricultural weakness caused by sub-par monsoons.
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The report noted that only 23% of Indian firms report using AI, with the AI Adoption Index for India standing at 0.27 compared to 0.85 for the United States.