NEW DELHI: The International Monetary Fund (IMF) and the Asian Development Bank (ADB) on Wednesday cautioned that higher oil prices due to the West Asia conflict will hurt most economies and also lowered India's growth projections for the current financial year.

The IMF cut its 2026 global growth forecast to 3.1% as the Iran conflict disrupts energy supplies, with a worst-case scenario projecting just 2% growth and

IMF reduces 2026 global growth forecast to 3%, citing West Asia war impacts and rising inflation concerns.

The International Monetary Fund (IMF) has marginally lowered India's FY27 GDP growth forecast to 6.4% from 6.5%, while maintaining that India remains one of the world's…

NEW DELHI: The International Monetary Fund (IMF) and the Asian Development Bank (ADB) on Wednesday cautioned that higher oil prices due to the West Asia conflict will hurt most…

The Asian Development Bank has lowered India's FY27 GDP growth forecast to 6.6 percent. Elevated energy prices are impacting household purchasing power and squeezing real incomes.…

The Asian Development Bank has lowered India's FY27 growth forecast to 6.6 percent. Higher oil prices and transportation costs are impacting consumer sentiment and private demand.…