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Category : Business and economics
Published on: July 29 2025
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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.