New Delhi: The Asian Development Bank (ADB) on Wednesday upped India’s growth forecast for FY26 to 7.2 per cent from 6.5 per cent driven primarily by robust domestic consumption supported by recent tax cuts.

The sharp upgrade of 0.7 percentage points of the Indian economy will help Asia to grow at a faster pace of 5.1 per cent as compared to earlier projection of 4.8 per cent for 2025.

India’s 2025 growth projection is raised to 7.2 per cent, reflecting stronger second-quarter expansion as tax cuts supported consumption, ADB’s Asian Development Outlook, December 2025 said.

During the second quarter ended September, India logged a six-quarter high GDP growth of 8.2 per cent as compared to 7.8 per cent recorded in the first quarter. As a result, India has achieved 8 per cent growth rate

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