https://www.taxtmi.com/news?id=72415 Asia is projected to remain the main driver of global growth, with India and China contributing about 70 per cent of regional expansion. Growth in the region, after reaching about 5 per cent in 2025 despite US tariffs and trade uncertainty, is expected to moderate in 2026 and 2027. The IMF warned that the Gulf crisis energy shock could raise inflation, weaken external balances, tighten financial conditions and narrow policy space, requiring agile monetary policy. en-us Thu, 16 Apr 2026 18:01:03 +0530 Thu, 16 Apr 2026 18:01:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=72415 Asia is projected to remain the main driver of global growth, with India and China contributing about 70 per cent of regional expansion. Growth in the region, after reaching about 5 per cent in 2025 despite US tariffs and trade uncertainty, is expected to moderate in 2026 and 2027. The IMF warned that the Gulf crisis energy shock could raise inflation, weaken external balances, tighten financial conditions and narrow policy space, requiring agile monetary policy. News - Thu, 16 Apr 2026 18:01:03 +0530 https://www.taxtmi.com/news?id=72415