The Chinese Embassy also pointed to rising AI adoption, stronger manufacturing output, expanding trade with Africa and continued investment in research and development as evidence that China's economic momentum remains intact despite growing global protectionism.
Tata Sons Chairman N Chandrasekaran on Wednesday said India continues to be a bright spot in the global economy despite geopolitical uncertainties, offering strong growth and a very large market.
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.
As Artificial Intelligence redefines every sector of the global economy, the challenge facing today’s institutions is not simply how to adapt to new technologies, but how to reimagine the very nature of work, talent, and leadership.
India has managed to maintain a healthy growth rate despite global economic and political volatility, which is a creditable achievement, said Chief Economic Adviser (CEA) V Anantha Nageswaran.
As India and the United States inch closer to a possible trade agreement before the July 9 deadline, the stakes for both nations ~ and indeed the global economic order ~ are unmistakably high.
In line with the joint declaration, India also emphasized the critical role of Micro, Small, and Medium Enterprises (MSMEs) in the national and global economy.
He was addressing civil servants on the occasion of the 17th Civil Services Day at Vigyan Bhawan in New Delhi. He also conferred the Prime Minister’s Awards for Excellence in Public Administration.
