Lowers projection to 3.7pc for FY27 on higher energy costs

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.…

The Asian Development Bank has lowered India's FY27 growth forecast to 6.6 percent. Higher oil prices and transportation costs are impacting consumer sentiment and private demand.…

The Asian Development Outlook July 2026 said the economy grew 3.7 percent in FY26

Prolonged disruptions to energy markets caused by the Middle East conflict have weighed more heavily on the region’s prospects than anticipated, according to the ADB’s latest…

Prolonged disruptions to energy markets caused by the Middle East conflict have weighed more heavily on the region’s prospects than anticipated, according to the ADB’s latest…

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.

The Asian Development Bank has lowered India's FY27 growth forecast to 6.6 percent. Higher crude oil prices and transportation costs will impact consumer sentiment and demand. The…

Lowers projection to 3.7pc for FY27 on higher energy costs