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Indias FY26 growth aim goes up to 7.2% as tax cuts fuel demand: ADB

India's economic growth forecast for FY26 has been boosted to 7.2 percent by the Asian Development Bank. This upgrade is driven by robust domestic consumption, supported by recent tax cuts. Manufacturing and services sectors are showing firm gains. The Reserve Bank of India also increased its growth estimate.

10 Dec 2025 1:58 pm