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.
ADB lowers GDP growth projection to 6.5% from 7%

Categories:
Related Post

Morgan Wallen worries 4-year-old son will ‘think less’ of him for Nashville arrest, struggle with alcoholMorgan Wallen worries 4-year-old son will ‘think less’ of him for Nashville arrest, struggle with alcohol
Morgan Wallen is addressing his chair-throwing incident in a new song dedicated to his 4-year-old son. In the lyrics, the country star reflected on the night he was arrested in

Camp David: Jimmy Carter’s finest momentCamp David: Jimmy Carter’s finest moment
One of Former President Jimmy Carter‘s defining moments was being the president who managed to broker the first peace agreement in the Middle East, successfully ushering in peace between Israel