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The Economic Times

Economy / The Economic Times

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After S&P, ADB raises India's growth aim to 7% but El Nino clouds food story

India's economy is projected to grow at 7% in 2026 due to resilient consumption and government investment. However, weather risks from a strengthening El Nino may impact agricultural yields and energy prices. The Asian Development Bank has raised its growth forecast, highlighting strong domestic demand and investment. Additionally, inflation is expected to average 5.2%, potentially constraining monetary policy.

23 Sep 2026 10:27 am