New Delhi, Dec. 10 -- The Asian Development Bank (ADB) has raised its growth forecast for India by 0.7 percentage points from 6.5 per cent to 7.2 per cent for 2025-26, days after India registered robust July-September quarter growth and prospects of a stronger fiscal.
India's 2025 growth projection reflects a stronger third-quarter expansion as tax cuts supported consumption. The 2026 forecast stays unchanged at 6.5 per cent.
The multilateral development bank has on Wednesday raised its growth forecasts for economies in developing Asia and the Pacific for this year and next, amid stronger-than-expected exports and reduced trade uncertainty following the conclusion of several trade agreements with the United States.
Resilient exports--p...
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