Global growth set to decline; India relatively better placed

The report noted that the US economy is projected to slow down by 90 basis points, while China's growth could reduce by 60 basis points. However, India is expected to maintain its position as the fastest-growing major economy.

- CORRESPONDENT

Global economic growth is expected to decelerate in the coming months, with major economies like the US and China likely to see sharp slowdowns. However, India is expected to remain relatively resilient amid this global trend, according to a report by Kotak Alternate Asset Managers.

The report noted that the US economy is projected to slow down by 90 basis points, while China's growth could reduce by 60 basis points. However, India is expected to maintain its position as the fastest-growing major economy.