India, April 23 -- India will continue to be the world's fastest-growing economy by a distance, according to the IMF's latest World Economic Outlook (WEO). To be sure, the global economic turmoil that has followed Donald Trump's trade war will mean that India's GDP will likely grow at 6.2% in 2025-26 instead of 6.5%, which is what the IMF projected in January. In an environment where global GDP growth is likely to slow down by 0.5 percentage points to 2.8%, this is a credible achievement. As IMF notes, India's 6% plus growth prospects are a result of domestic tailwinds to growth.

India's performance notwithstanding, the world economy and the existing economic order are going through a period of great turbulence, IMF has warned. Its tone ...