India, July 9 -- The past few weeks have brought a flurry of updated economic forecasts, and the common thread running through them isn't hard to spot. Energy markets rattled by conflict in West Asia have forced economists to rework their assumptions, trimming growth expectations while pushing inflation estimates higher. Yet beneath the near-term caution, a recovery narrative for the year after still holds firm.

ADB Turns Cautious on the Current Fiscal The Asian Development Bank has become the latest institution to pare back its India growth call, cutting its FY27 GDP growth projection to 6.6%, down from the 6.9% penciled in back in April. The bank pinned the downgrade squarely on elevated energy prices, squeezing real incomes across hou...