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20 October 2026 ECONOMY

According to the “Trade and Development Report 2026: The Geoeconomics of Development” released by the United Nations Conference on Trade and Development (UNCTAD), the economy of India is projected to grow by 7.3%.

The report projected global economic growth at 2.6% (down from 2.9% in 2025) and growth in developing economies at 4% (down from 4.7% in 2025). Additionally, Asia is expected to contribute 59% of global growth in 2026.

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