{"id":28047,"date":"2024-12-12T12:31:07","date_gmt":"2024-12-12T07:01:07","guid":{"rendered":"https:\/\/edunovations.com\/currentaffairs\/?p=28047"},"modified":"2024-12-12T13:12:24","modified_gmt":"2024-12-12T07:42:24","slug":"gdp-the-asian-development-bank-adb-has-revised-indias-gdp-growth-forecast-to-6-5-for-fy25-and-7-for-fy26-driven-by-infrastructure-manufacturing-and-services-sector-growth-explore-how-this","status":"publish","type":"post","link":"https:\/\/edunovations.com\/currentaffairs\/national\/gdp-the-asian-development-bank-adb-has-revised-indias-gdp-growth-forecast-to-6-5-for-fy25-and-7-for-fy26-driven-by-infrastructure-manufacturing-and-services-sector-growth-explore-how-this\/","title":{"rendered":"India GDP Growth Forecast Revised to 6.5% for FY25 and 7% for FY26 by ADB"},"content":{"rendered":"\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_87 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/gdp-the-asian-development-bank-adb-has-revised-indias-gdp-growth-forecast-to-6-5-for-fy25-and-7-for-fy26-driven-by-infrastructure-manufacturing-and-services-sector-growth-explore-how-this\/#ADB_Revises_Indias_GDP_Growth_Forecast_to_65_for_FY25_7_for_FY26\" >ADB Revises India\u2019s GDP Growth Forecast to 6.5% for FY25, 7% for FY26<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/gdp-the-asian-development-bank-adb-has-revised-indias-gdp-growth-forecast-to-6-5-for-fy25-and-7-for-fy26-driven-by-infrastructure-manufacturing-and-services-sector-growth-explore-how-this\/#Why_This_News_is_Important_Economic_Implications_and_Government_Initiatives\" >Why This News is Important: Economic Implications and Government Initiatives<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/gdp-the-asian-development-bank-adb-has-revised-indias-gdp-growth-forecast-to-6-5-for-fy25-and-7-for-fy26-driven-by-infrastructure-manufacturing-and-services-sector-growth-explore-how-this\/#Historical_Context_Economic_Trends_and_ADBs_Role_in_Forecasting\" >Historical Context: Economic Trends and ADB\u2019s Role in Forecasting<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/gdp-the-asian-development-bank-adb-has-revised-indias-gdp-growth-forecast-to-6-5-for-fy25-and-7-for-fy26-driven-by-infrastructure-manufacturing-and-services-sector-growth-explore-how-this\/#5_Key_Takeaways_from_ADB_Revises_Indias_GDP_Growth_Forecast\" >5 Key Takeaways from ADB Revises India\u2019s GDP Growth Forecast<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/gdp-the-asian-development-bank-adb-has-revised-indias-gdp-growth-forecast-to-6-5-for-fy25-and-7-for-fy26-driven-by-infrastructure-manufacturing-and-services-sector-growth-explore-how-this\/#Important_FAQs_for_Students_from_this_News\" >Important FAQs for Students from this News<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/gdp-the-asian-development-bank-adb-has-revised-indias-gdp-growth-forecast-to-6-5-for-fy25-and-7-for-fy26-driven-by-infrastructure-manufacturing-and-services-sector-growth-explore-how-this\/#1_What_is_the_revised_GDP_growth_forecast_for_India_for_FY25_and_FY26\" >1. What is the revised GDP growth forecast for India for FY25 and FY26?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/gdp-the-asian-development-bank-adb-has-revised-indias-gdp-growth-forecast-to-6-5-for-fy25-and-7-for-fy26-driven-by-infrastructure-manufacturing-and-services-sector-growth-explore-how-this\/#2_What_factors_contributed_to_ADBs_revised_GDP_growth_forecast_for_India\" >2. What factors contributed to ADB&#8217;s revised GDP growth forecast for India?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/gdp-the-asian-development-bank-adb-has-revised-indias-gdp-growth-forecast-to-6-5-for-fy25-and-7-for-fy26-driven-by-infrastructure-manufacturing-and-services-sector-growth-explore-how-this\/#3_How_does_the_ADB_forecast_impact_Indias_global_economic_standing\" >3. How does the ADB forecast impact India&#8217;s global economic standing?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/gdp-the-asian-development-bank-adb-has-revised-indias-gdp-growth-forecast-to-6-5-for-fy25-and-7-for-fy26-driven-by-infrastructure-manufacturing-and-services-sector-growth-explore-how-this\/#4_What_challenges_does_India_face_despite_the_positive_growth_outlook\" >4. What challenges does India face despite the positive growth outlook?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/gdp-the-asian-development-bank-adb-has-revised-indias-gdp-growth-forecast-to-6-5-for-fy25-and-7-for-fy26-driven-by-infrastructure-manufacturing-and-services-sector-growth-explore-how-this\/#5_Why_is_the_ADBs_revised_growth_forecast_important_for_policymakers\" >5. Why is the ADB&#8217;s revised growth forecast important for policymakers?<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/edunovations.com\/currentaffairs\/national\/gdp-the-asian-development-bank-adb-has-revised-indias-gdp-growth-forecast-to-6-5-for-fy25-and-7-for-fy26-driven-by-infrastructure-manufacturing-and-services-sector-growth-explore-how-this\/#Some_Important_Current_Affairs_Links\" >Some Important Current Affairs Links<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"ADB_Revises_Indias_GDP_Growth_Forecast_to_65_for_FY25_7_for_FY26\"><\/span><strong>ADB Revises India\u2019s GDP Growth Forecast to 6.5% for FY25, 7% for FY26<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Introduction: Overview of ADB&#8217;s Revised GDP Growth Forecast for India<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The Asian Development Bank (ADB) has revised its economic growth forecast for India, projecting the country\u2019s GDP to grow at 6.5% in FY25 and 7% in FY26. This update highlights a slightly positive outlook for India\u2019s economic performance in the upcoming years. The revision is based on various factors, including global economic trends, domestic market performance, and government policy interventions. India\u2019s economic resilience continues to shine through despite global uncertainties, including inflationary pressures, geopolitical tensions, and supply chain disruptions.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Growth Drivers and Economic Outlook for India<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">India&#8217;s economic performance remains one of the key drivers of global economic recovery. Factors such as the government\u2019s focus on infrastructure development, the strong performance of the services sector, and the rise in manufacturing and export activities contribute significantly to this optimistic growth projection. Additionally, a favorable demographic profile, rapid digitalization, and reforms in various sectors are expected to help sustain growth momentum.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The ADB\u2019s forecast suggests that India will remain a crucial part of the global economic recovery, especially with its potential to outperform other emerging economies. However, challenges like inflation, global supply chain disruptions, and external debt risks are important variables that could impact future performance.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full is-resized\" id=\"ADB-GDP-growth-forecast-for-India\"><img decoding=\"async\" src=\"https:\/\/edunovations.com\/currentaffairs\/wp-content\/uploads\/2024\/12\/ADB-GDP-growth-forecast-for-India.jpg\" alt=\"ADB GDP growth forecast for India\n\" class=\"wp-image-28060\" width=\"566\" height=\"318\" title=\"ADB GDP growth forecast for India\"\/><figcaption class=\"wp-element-caption\">ADB GDP growth forecast for India<\/figcaption><\/figure>\n<\/div>\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Why_This_News_is_Important_Economic_Implications_and_Government_Initiatives\"><\/span><strong>Why This News is Important: Economic Implications and Government Initiatives<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>India\u2019s Strategic Role in the Global Economy<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">India\u2019s GDP growth is of significant importance not only to the country but also to the global economy. A strong Indian economy provides a boost to global growth, particularly in emerging economies. The forecast of 6.5% for FY25 and 7% for FY26 underlines India\u2019s recovery post-pandemic and its growing influence on the world stage. As a major contributor to global GDP, India\u2019s performance impacts global trade, investments, and supply chains.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Impacts on Government Policies and Investments<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This revision by ADB will help guide policymakers and investors in their strategies. The growth forecast provides an opportunity for the Indian government to prioritize sectors that can drive higher economic performance, including technology, infrastructure, and manufacturing. Additionally, the government&#8217;s initiatives aimed at boosting private sector investments, fostering innovation, and enhancing job creation are likely to align with the projected growth targets.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Historical_Context_Economic_Trends_and_ADBs_Role_in_Forecasting\"><\/span><strong>Historical Context: Economic Trends and ADB\u2019s Role in Forecasting<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>India\u2019s Economic Performance and ADB\u2019s Forecasting Role<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The ADB, an international development financial institution, regularly assesses the economic outlook of Asian countries and revises growth projections based on various economic indicators. India has been a subject of positive growth forecasts in recent years, driven by its large and young population, vibrant services sector, and expanding manufacturing base. ADB&#8217;s updated forecast reflects the country\u2019s resilience despite challenges like inflationary pressures and the global slowdown.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In the past decade, India has witnessed fluctuating growth rates, with the economy experiencing a sharp contraction in 2020 due to the COVID-19 pandemic. However, as global trade and internal economic activities rebounded, India\u2019s economy showed signs of recovery in subsequent years, bolstered by robust government support and structural reforms. ADB\u2019s revised forecast is an endorsement of India\u2019s economic trajectory, supported by solid policy frameworks.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"5_Key_Takeaways_from_ADB_Revises_Indias_GDP_Growth_Forecast\"><\/span><strong>5 Key Takeaways from ADB Revises India\u2019s GDP Growth Forecast<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<figure class=\"wp-block-table\"><table><thead><tr><th><strong>S.No.<\/strong><\/th><th><strong>Key Takeaway<\/strong><\/th><\/tr><\/thead><tbody><tr><td>1<\/td><td>ADB has revised India&#8217;s GDP growth forecast to 6.5% for FY25 and 7% for FY26.<\/td><\/tr><tr><td>2<\/td><td>India\u2019s economic growth is driven by infrastructure development, a strong services sector, and manufacturing.<\/td><\/tr><tr><td>3<\/td><td>The growth forecast indicates India\u2019s resilience despite global uncertainties like inflation and geopolitical risks.<\/td><\/tr><tr><td>4<\/td><td>The forecast supports India\u2019s role in the global economic recovery, highlighting its potential as a growth engine.<\/td><\/tr><tr><td>5<\/td><td>The revision by ADB helps shape future government policy and investment strategies aimed at sustaining economic growth.<\/td><\/tr><\/tbody><\/table><figcaption class=\"wp-element-caption\">ADB GDP growth forecast for India<\/figcaption><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Important_FAQs_for_Students_from_this_News\"><\/span>Important FAQs for Students from this News<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"1_What_is_the_revised_GDP_growth_forecast_for_India_for_FY25_and_FY26\"><\/span><strong>1. What is the revised GDP growth forecast for India for FY25 and FY26?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The Asian Development Bank (ADB) has revised India\u2019s GDP growth forecast to 6.5% for FY25 and 7% for FY26.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"2_What_factors_contributed_to_ADBs_revised_GDP_growth_forecast_for_India\"><\/span><strong>2. What factors contributed to ADB&#8217;s revised GDP growth forecast for India?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The revision is driven by strong domestic growth drivers like infrastructure development, a booming services sector, manufacturing activities, and favorable government policies.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"3_How_does_the_ADB_forecast_impact_Indias_global_economic_standing\"><\/span><strong>3. How does the ADB forecast impact India&#8217;s global economic standing?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>India\u2019s positive GDP growth forecast underscores its strategic role in the global economic recovery, positioning it as a key player in global trade, investment, and supply chains.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"4_What_challenges_does_India_face_despite_the_positive_growth_outlook\"><\/span><strong>4. What challenges does India face despite the positive growth outlook?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Challenges such as inflationary pressures, global supply chain disruptions, and external debt risks could impact the projected growth.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"5_Why_is_the_ADBs_revised_growth_forecast_important_for_policymakers\"><\/span><strong>5. Why is the ADB&#8217;s revised growth forecast important for policymakers?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The revised forecast helps guide government policies, especially those aimed at boosting investments, fostering innovation, and supporting economic sectors like manufacturing and infrastructure.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Some_Important_Current_Affairs_Links\"><\/span>Some Important Current Affairs Links<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button is-style-outline is-style-outline--1\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/edunovations.com\/currentaffairs\/category\/national\/\" target=\"_blank\" rel=\"noreferrer noopener\">State Current Affairs<\/a><\/div>\n\n\n\n<div class=\"wp-block-button is-style-outline is-style-outline--2\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/edunovations.com\/currentaffairs\/category\/sports\/\" target=\"_blank\" rel=\"noreferrer noopener\">Sports Current Affairs<\/a><\/div>\n\n\n\n<div class=\"wp-block-button is-style-outline is-style-outline--3\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/edunovations.com\/currentaffairs\/category\/international\/\" target=\"_blank\" rel=\"noreferrer noopener\">International Current Affairs<\/a><\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/edunovations.com\/currentaffairs\/category\/banking\/\" target=\"_blank\" rel=\"noreferrer noopener\">Banking Current Affairs<\/a><\/div>\n\n\n\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/edunovations.com\/currentaffairs\/category\/railway\/\" target=\"_blank\" rel=\"noreferrer noopener\">Railways Current Affairs<\/a><\/div>\n\n\n\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/edunovations.com\/currentaffairs\/category\/defence\/\" target=\"_blank\" rel=\"noreferrer noopener\">Defence Current Affairs<\/a><\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button is-style-outline is-style-outline--4\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/edunovations.com\/currentaffairs?newsmaticargs=custom&amp;posts=today\" target=\"_blank\" rel=\"noreferrer noopener\">Daily Current Affairs<\/a><\/div>\n\n\n\n<div class=\"wp-block-button is-style-outline is-style-outline--5\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/edunovations.com\/currentaffairsinhindi\/\" target=\"_blank\" rel=\"noreferrer noopener\">Current Affairs In Hindi<\/a><\/div>\n\n\n\n<div class=\"wp-block-button is-style-outline is-style-outline--6\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/edunovations.com\/currentaffairs\/category\/news-and-notifications\/\" target=\"_blank\" rel=\"noreferrer noopener\">News and Notifications<\/a><\/div>\n<\/div>\n\n\n\n<figure class=\"wp-block-image size-full\"><a href=\"https:\/\/play.google.com\/store\/apps\/details?id=com.edunovations.quiz\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" width=\"900\" height=\"150\" src=\"https:\/\/edunovations.com\/currentaffairs\/wp-content\/uploads\/2023\/03\/Banner-current-affairs-2-1.jpg\" alt=\"Download this App for Daily Current Affairs MCQ&#039;s\" class=\"wp-image-247\" title=\"\" srcset=\"https:\/\/edunovations.com\/currentaffairs\/wp-content\/uploads\/2023\/03\/Banner-current-affairs-2-1.jpg 900w, https:\/\/edunovations.com\/currentaffairs\/wp-content\/uploads\/2023\/03\/Banner-current-affairs-2-1-300x50.jpg 300w, https:\/\/edunovations.com\/currentaffairs\/wp-content\/uploads\/2023\/03\/Banner-current-affairs-2-1-768x128.jpg 768w\" sizes=\"(max-width: 900px) 100vw, 900px\" \/><\/a><figcaption class=\"wp-element-caption\">Download this App for Daily Current Affairs MCQ&#8217;s<\/figcaption><\/figure>\n\n\n\n<figure class=\"wp-block-image size-full\" id=\"News-Website-Development-Company\"><a href=\"https:\/\/www.martindiainfotech.com\/\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" width=\"900\" height=\"150\" src=\"https:\/\/edunovations.com\/currentaffairs\/wp-content\/uploads\/2023\/04\/News-Website-Development-Company-Banner.png\" alt=\"News Website Development Company\" class=\"wp-image-438\" title=\"News Website Development Company\" srcset=\"https:\/\/edunovations.com\/currentaffairs\/wp-content\/uploads\/2023\/04\/News-Website-Development-Company-Banner.png 900w, https:\/\/edunovations.com\/currentaffairs\/wp-content\/uploads\/2023\/04\/News-Website-Development-Company-Banner-300x50.png 300w, https:\/\/edunovations.com\/currentaffairs\/wp-content\/uploads\/2023\/04\/News-Website-Development-Company-Banner-768x128.png 768w\" sizes=\"(max-width: 900px) 100vw, 900px\" \/><\/a><figcaption class=\"wp-element-caption\">News Website Development Company<\/figcaption><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>ADB Revises India\u2019s GDP Growth Forecast to 6.5% for FY25, 7% for FY26 Introduction: Overview of ADB&#8217;s Revised GDP Growth Forecast for India The Asian Development Bank (ADB) has revised its economic growth forecast for India, projecting the country\u2019s GDP to grow at 6.5% in FY25 and 7% in FY26. This update highlights a slightly&#8230;<\/p>\n","protected":false},"author":6,"featured_media":28061,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[144,10],"tags":[18157,18159,14611,18158],"class_list":["post-28047","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy_finance","category-national","tag-adb-growth-revision","tag-gdp-growth-india-fy25","tag-india-gdp-forecast","tag-indian-economy-2025"],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/posts\/28047","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/comments?post=28047"}],"version-history":[{"count":0,"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/posts\/28047\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/media\/28061"}],"wp:attachment":[{"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/media?parent=28047"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/categories?post=28047"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/tags?post=28047"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}