India, fastest-growing major economy despite uncertainties

New Delhi: Amid global market volatility, India’s growth is resilient and the country remains the world’s fastest-growing major economy, with its GDP forecast to continue growing 6.5 per cent this fiscal (FY26), S&P Global said on Wednesday. The positive outlook is being framed by the interplay of the nation's domestic buffers and external challenges. "India's growth performance with that of advanced economies shows that while past external shocks have caused short-term challenges for India, they have not derailed the country’s long-term growth trajectory," S&P Global said in its report. Moreover, the country has managed to enhance its growth advantage over developed countries by pursuing economic reforms, infrastructure development and process improvements.