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 inflatio
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.