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- Global growth forecasts have been cut, with the IMF projecting just 3% world growth in 2026 and slashing West Asia's outlook to 0.7% due to the region's war, while India's forecast was trimmed slightly to 6.4% for 2026-27.
- The US has imposed fresh tariffs of 10-12.5% on imports from 60 trading partners, including India, over forced-labour concerns, though India faces the lower 10% rate.
- China's economy grew only 4.3% in the second quarter of 2026, its weakest since late 2022 and below Beijing's own target.
- Separately, renewables overtook coal in global electricity generation for the first time in 2025, and the 2026 Commonwealth Games ended in Glasgow with Australia topping the medals and India finishing fourth with 13 golds.
What to watch next
- Whether India and other countries under investigation for excess manufacturing capacity face additional US tariffs
- How the West Asia conflict continues to affect oil prices and energy costs for import-dependent economies like India
- Whether China's growth slows further after its weakest quarter since late 2022
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Named India · United States · China · Australia · United Kingdom · West Asia · Ember · Glasgow · International Monetary Fund · Pew Research Center
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