In a recent address to the media in Marrakesh, Morocco, World Bank Chief Economist Indermit Gill expressed growing concerns about the state of the global economy. Despite the overall outlook remaining weak, the major economies India and the United States will continue to show a resilient performance.
The World Bank has released its latest India Development Update (IDU), forecasting India's GDP growth rate to be 6.3% for the financial year 2023-2024, despite facing increasing global economic headwinds.
