The Asian Development Bank (ADB) has reduced India’s expected economic growth for 2025–26 from 6.7% to 6.5%. This is because new tax rules in the US have affected global trade, making it harder for countries like India to export goods.
Even though the forecast was lowered, ADB says India will still grow faster than most big countries. This is because people in India are spending more, the monsoon has been good, and the service sector (like IT, banking, etc.) is doing well.
ADB said that US trade rules, like taxes on imports, are making investors uncertain.
This has affected exports and might slow down foreign investments in India. Other global problems like wars or political tensions and supply chain issues (delays in getting goods) could also slow down India’s economy. ADB says India’s economy will get help from lower interest rates and government spending on big projects like roads and bridges. This will help protect the economy from global problems. Prices are expected to rise slowly in 2025–26, mainly because food prices may stay low thanks to good harvests.
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