Asian Development Bank raises Indian growth projection ...News

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Asian Development Bank raises Indian growth projection
The institution expects GDP to grow 7% compared to the previous estimate of 6.7% The Asian Development Bank (ADB) has raised India’s GDP forecast from 6.7% to 7% for the current fiscal year. The South Asian country will remain a “major growth engine” in the Asia-Pacific region, the ADB predicts. India’s GDP will grow 7.2% during the next financial year (2025-26), the Manila-headquartered ADB added. According to the bank, India’s growth will be boosted by “strong investment, recovering consumption, and improving exports.” In the April edition of the bank’s ‘Asia’s Economic Development’ series, it also predicted tha

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