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Tag: Asian Development Bank Indian GDP

ADB moderates India GDP growth hopes this year to 6.3%

Posted on September 20, 2023 By admin
ADB moderates India GDP growth hopes this year to 6.3%

 The Bank expects growth to be propelled by “robust domestic consumption as consumer confidence improves, and by investment including large increases” in government capital expenditure. File. | Photo Credit: REUTERS The Asian Development Bank (ADB) on September 20 pared its growth forecast for India’s economy to 6.3% for this year, from 6.4% estimated earlier, citing the…

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