India, April 11 -- The Asian Development Bank (ADB) on Friday projected India's GDP growth to remain "robust" at 6.9 per cent in the current fiscal, and rise to 7.3 per cent in next fiscal driven by strong domestic demand, and supported by easing financing conditions and lower US tariffs on Indian goods.
In its Asian Development Outlook April 2026 report, the ADB said a prolonged conflict in the Middle East could undermine India's macroeconomic performance through multiple channels, including higher energy prices, trade flow disruptions, and weaker remittance inflows.
It projected inflation to more than double from 2.1 per cent in 2025-26 to 4.5 per cent in the current fiscal due to a rebound in food prices from earlier declines, higher...
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