Current Affairs - Economy - Discussion

The Asian Development Bank has revised India’s FY25-26 growth outlook upward to 7.2%, reflecting confidence in the country’s strong economic performance during the July–September period and improved prospects for the full fiscal year. This upgraded estimate highlights India’s role as a major contributor to Asia-Pacific’s growth, which has also been raised to 5.1%. The positive adjustment underscores the momentum driven by robust domestic demand, improved investment climate, and ongoing structural reforms. While the projection for FY26-27 remains stable at 6.5%, the current upward revision indicates sustained economic resilience and a favourable medium-term growth trajectory.