ADB has lowered India's FY27 growth forecast to 6.6% due to higher energy prices, while projecting a rebound to 7.3% in FY28, surpassing IMF estimates.

India's economy is anticipated to expand by 6.4 percent in fiscal year 2026-27, bolstered by strong private consumption and active service sectors. Although global growth is…

The International Monetary Fund (IMF) lowered India’s growth forecast for the current fiscal by 10 basis points to 6.4 per cent.

The IMF projects India's FY27 growth at 6.4 percent, remaining a leading global economy. Strong private consumption and services activity support this projected economic…

The International Monetary Fund (IMF) has marginally lowered India's FY27 GDP growth forecast to 6.4% from 6.5%, while maintaining that India remains one of the world's…

NEW DELHI: The International Monetary Fund (IMF) and the Asian Development Bank (ADB) on Wednesday cautioned that higher oil prices due to the West Asia conflict will hurt most…

The Asian Development Bank has lowered India's FY27 GDP growth forecast to 6.6 percent. Elevated energy prices are impacting household purchasing power and squeezing real incomes.…