ADB Raises India’s FY27 Growth Forecast to 6.9%

ADB Raises India’s FY27 Growth Forecast to 6.9%

Daily Current Affairs   /   ADB Raises India’s FY27 Growth Forecast to 6.9%

Change Language English Hindi

Category : Business and economics Published on: April 20 2026

Share on facebook
  • Upward Revision: The Asian Development Bank (ADB) increased India’s GDP forecast to 6.9% for FY27.
  • Future Acceleration: Growth is projected to hit 7.3% in FY28, driven by manufacturing and infrastructure sectors.
  • Domestic Strength: Robust private consumption and government capital expenditure remain the primary economic pillars.
  • Global Risks: ADB warned that West Asia tensions could disrupt supply chains and increase oil-driven inflation.
  • Resilience: India continues to lead as a key driver of global economic progress despite international uncertainties.
Recent Post's

  • LIC launched MyLIC and Super Sales Saathi apps to provide seamless digital services for customers and agents.

    Read More....

  • Rajya Sabha Election Harivansh became the first nominated member to be re-elected unopposed as Rajya Sabha Deputy Chairman for a third term.

    Read More....

  • Chhattisgarh UCC Chhattisgarh approved a high-level committee to draft a framework for implementing the Uniform Civil Code in the state.

    Read More....

  • India’s Economy Ranking India became the world's 6th largest economy in 2025 with a GDP of $4.15 trillion, according to IMF data.

    Read More....

  • The Asian Development Bank raised India’s GDP growth forecast for FY27 to 6.9% citing strong domestic demand.

    Read More....

  • World Hemophilia Day 2026 was observed on April 17 with the theme “Diagnosis: First Step to Care.”

    Read More....

  • Punjab Police partnered with IIT Ropar to develop an AI-based system for real-time crime tracking and data analysis.

    Read More....

  • The Philippines joined the US-led “Pax Silica” initiative to secure global semiconductor supply chains and build an industrial hub.

    Read More....

  • PM Narendra Modi will chair India’s first high-level conference dedicated exclusively to the Central Armed Police Forces.

    Read More....

  • The Supreme Court ruled that dowry givers who are victims of harassment cannot be prosecuted under the Dowry Prohibition Act.

    Read More....