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The World Bank has raised India’s GDP growth forecast for the current financial year to 6.5%, up from 6.3% in June, citing strong domestic demand, robust agricultural output, and recent tax reforms. Despite pressure from U.S. tariffs—particularly on exports and energy policy—India remains the fastest-growing major economy, according to the latest global assessments. The Bank highlighted improved GST structure, rising rural wages, and resilient consumption as key drivers. However, it also trimmed India’s forecast for next year to 6.3%, warning that Trump’s 50% tariffs on Indian exports—impacting 75% of goods—pose significant risks. Supporting the outlook, S&P and the RBI maintained optimistic forecasts, with the latter projecting 6.8% growth. A potential rate cut in December could further aid businesses. For now, India’s strong domestic market remains its best defence against global headwinds. --- India US Tariff War | Indian Economy | Donald Trump | India GDP Forecast 2025-2026 | Trump Tariffs On Indian Exports | World Bank On Indian Economy | GST Reforms In India | India Economic Growth Update | Russia Ukraine War | India Growth Outlook 2025 | US India Trade Tensions | Firstpost | World News | News Live | Vantage | Palki Sharma | News #india #usindiarelations #worldbank #gdpforecast #trumptariffs #indianeconomy #tariffwar #gstreforms #firstpost #vantageonfirstpost #palkisharma #worldnews Vantage is a ground-breaking news, opinions, and current affairs show from Firstpost. Catering to a global audience, Vantage covers the biggest news stories from a 360-degree perspective, giving viewers a chance to assess the impact of world events through a uniquely Indian lens. The show is anchored by Palki Sharma, Managing Editor, Firstpost. By breaking stereotypes, Vantage aims to challenge conventional wisdom and present an alternative view on global affairs, defying the norm and opening the door to new perspectives. The show goes beyond the headlines to uncover the hidden stories – making Vantage a destination for thought-provoking ideas. Vantage airs Monday to Friday at 9 PM IST on Firstpost across all leading platforms. Subscribe to Firstpost channel and press the bell icon to get notified when we go live. / @firstpost Follow Firstpost on Instagram: / firstpost Follow Firstpost on Facebook: / firstpostin Follow Firstpost on Twitter: / firstpost Follow Firstpost on WhatsApp: https://www.whatsapp.com/channel/0029...