The Asian Development Bank (ADB) has revised India's growth forecast for the current financial year to 6.9 percent from 6.5 percent. According to the ADB's Asian Development Outlook, India's growth is expected to remain strong this fiscal year, driven by strong domestic demand, improved financing conditions, and lower US tariffs on Indian goods. The report highlighted that most economies in Asia and the Pacific are expected to experience a worsening growth outlook this year and in 2027. Economic growth in the region is expected to slow to 5.1 percent in both 2026 and 2027, from 5.4 percent last year, due to the conflict in the Middle East and ongoing trade uncertainty.
