Daily Current Affairs / ADB Revises India’s FY26 Growth Projection to 6.5% Amid Global Headwinds:
Category : Business and economics Published on: July 29 2025
The Asian Development Bank has trimmed its forecast for India’s FY2026 GDP growth from 6.7% to 6.5%, citing policy uncertainty and US tariff impacts on exports and investment. On the upside, agricultural output rose 4% year-on-year, the monsoon has been 6% above normal, and inflation dropped to a six-year low of 2.1% in June 2025.