ADB forecasts 6.7% growth for Indian economy in FY25, RBI revises to 6.5% amid key sector contributions.

India’s economy is expected to grow at 6.7% in FY25, as per the Asian Development Bank (ADB), fueled by domestic demand, rural income growth, and moderating inflation. The Reserve Bank of India (RBI) has also revised its growth forecast to 6.5% for the same period. Key sectors such as services, agriculture, and manufacturing are anticipated to play a crucial role in driving this growth. However, risks such as US tariffs and global economic uncertainty loom over the economic outlook.

In Trend

Trump eases tariffs for most nations but raises China tariffs, despite market concerns, for 90 days.

Nasdaq leads in US stock market gains; global markets dip on US-China trade tensions. Bond market turmoil ensues.

Leave a Reply

Your email address will not be published. Required fields are marked *