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The Asian Development Bank (ADB) on Friday projected India’s GDP growth to remain “robust" at 6.9 per cent in the current.
ADB raised India's 2026-27 GDP growth forecast from 6.5% to 6.9%.
KEY POINTS
- India's GDP growth is projected to rise to 7.3% in 2027-28, driven by domestic reforms and EU trade deals.
- Inflation is expected to more than double to 4.5% in 2026-27 due to food and oil prices.
- Lower US tariffs on Indian goods are expected to support India's economic growth in the coming years.
- A prolonged Middle East conflict could significantly widen India's current account deficit and raise inflation.
COMPANIES
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