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ADB raises India FY26 growth outlook on demand and fiscal support
ADB raised India’s FY26 GDP growth forecast to 7.
The Asian Development Bank revised India’s FY26 GDP growth forecast upward to 7.2%, citing strong domestic demand, easing inflation, and supportive fiscal measures. The upgrade reflects improving consumption trends and public capital expenditure momentum. Economists note that stable commodity prices and policy continuity will remain critical to sustaining the projected economic expansion.