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New Delhi, Sep 23 (UNI) The Asian Development Bank (ADB) has raised its growth forecast for the Indi
Published: 23/09/26 07:24
New Delhi | India
New Delhi, Sep 23 (UNI) The Asian Development Bank (ADB) has raised its growth forecast for the Indian economy for FY27 to 7 per cent, up from the 6.6 per cent estimate it made earlier, citing stronger investment activity and continued strength in services exports. In its September 2026 Asian Development Outlook, released on Wednesday, the multilateral lender said the Indian economy has remained resilient despite geopolitical uncertainty and elevated commodity prices. However, it trimmed its growth projection for FY28 to 7.1 per cent from 7.3 per cent earlier. The latest upgrade comes after India posted stronger-than-expected economic growth in…