Asian Development Bank upgrades India’s GDP growth forecast for FY25 to 7%
ADB citied robust public and private investments and strong services sector for the revised number.
ADB citied robust public and private investments and strong services sector for the revised number.
For the ongoing financial year (FY24), the global brokerage has revised the gross domestic product (GDP) forecast to 7.9%.
The EIU has forecast that the US economy will contract by 2.8 per cent this year. The administration's initial response to the coronavirus was poor, allowing the illness to spread quickly.
