Latest Placement Classifieds,Free Classified Ads,Buy Sell Classified Ads Market ADB lowers GDP growth projection to 6.5% from 7%

ADB lowers GDP growth projection to 6.5% from 7%

ADB lowers GDP growth projection to 6.5% from 7% post thumbnail image

The Asian Development Bank (ADB) lowered India’s GDP growth forecast for FY25 to 6.5% from 7% and for FY26 to 7% from 7.2%, citing lower-than-anticipated Q2 growth due to weaker manufacturing and government spending. Slower private investment, housing demand, and tighter monetary policy also contributed to the downgrade.

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