"asian-development-outlook"

Asian Development Bank (ADB) has cut India’s GDP growth forecast for FY2026 to 6.6% from 6.9%, citing higher energy prices due to the Middle East crisis. Despite the moderation, India remains the fastest-growing major economy.

In its report, 'Asian Development Outlook (ADO) 2021', the ADB also noted that the recent surge in Covid-19 cases may put this recovery at risk.