‘India worst hit by conflict’
The reverberations of the West Asia conflict are reshaping the global economy at a structural level, exposing vulnerabilities in energy security, supply chains, fiscal stability, and geopolitical finance.
The reverberations of the West Asia conflict are reshaping the global economy at a structural level, exposing vulnerabilities in energy security, supply chains, fiscal stability, and geopolitical finance.
A UN report flags India as the region’s strongest growth engine, backed by domestic demand and services, even as global energy disruptions and trade pressures weigh on Asia Pacific economies.
Global growth is now projected to slow to 3.1% in 2026 and 3.2% in 2027, marking a slowdown from the 3.4% average recorded during 2024-25. The latest outlook also falls short of the 3.7% historical average seen between 2000 and 2019, underlining a broader loss of momentum.
Fresh diplomatic signals emerge as Washington and Tehran may return to the negotiating table, even as conflict, economic strain and nuclear disagreements continue to shape the standoff.
It said the ongoing conflict in West Asia will moderate growth momentum and raise inflation risks.
Prime Minister Narendra Modi on Thursday said India is increasingly being viewed as a pivotal force in shaping the future of the global economy and stability, noting that leaders and experts across the world are looking toward the country with optimism despite multiple international crises.
The Union Budget sends a clear signal about how the government intends to navigate an increasingly uncertain global economy.
Trump made this comment while speaking to Moneycontrol, following his address at the 56th Annual Summit of the World Economic Forum.
“Growth is projected to moderate to 6.4% in 2026 and 2027 as cyclical and temporary factors wane,” the IMF said in an update to its World Economic Outlook report.
Held under the theme "A Spirit of Dialogue," Davos 2026 seeks to provide an impartial platform for global leaders from government, business and civil society to reconnect, rebuild trust and explore collaborative solutions to challenges that increasingly transcend borders.
