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Impact of trade war & tariffs: ADB cuts India’s FY26 outlook; GDP growth forecast cut to 6.5%

IndiaTimes Wednesday, 23 July 2025
The Asian Development Bank has revised India's GDP growth forecast for fiscal year 2026. The forecast is now 6.5 percent, down from 6.7 percent. This is due to global trade uncertainty and US tariffs. Despite this, India remains a fast-growing major economy. Growth will be supported by agriculture and services.
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