World & BusinessADB raises India's 2026 growth forecast to 7%
The Economic Times reports that the Asian Development Bank warns a strengthening El Niño and high energy prices could trigger food inflation spikes and keep the Reserve Bank of India's monetary policy restrictive.
TLDR
The Asian Development Bank has raised India's 2026 growth forecast to 7%, The Economic Times reports, citing resilient private consumption, public infrastructure spending and a recovery in private capital spending. The bank also warns that a strengthening El Niño and high energy prices could trigger food inflation spikes and keep the Reserve Bank of India's monetary policy restrictive.
ADB raises India's 2026 growth forecast to 7%
The Economic Times reports that the Asian Development Bank warns a strengthening El Niño and high energy prices could trigger food inflation spikes and keep the Reserve Bank of India's monetary policy restrictive.
TLDR
The Asian Development Bank has raised India's 2026 growth forecast to 7%, The Economic Times reports, citing resilient private consumption, public infrastructure spending and a recovery in private capital spending. The bank also warns that a strengthening El Niño and high energy prices could trigger food inflation spikes and keep the Reserve Bank of India's monetary policy restrictive.
