Asian Development Bank (ADB) raises India FY27 growth forecast to 6.9%

Exam-focused facts from the 16 April 2026 current affairs briefing.

Key facts

Asian Development Bank (ADB) revised India’s FY27 GDP growth forecast upward to 6.9% from 6.5%.
ADB projects India’s FY26 growth at 7.6% and FY28 growth at 7.3%.
Reserve Bank of India (RBI) also projects FY27 growth at 6.9%.
World Bank raised its FY27 India growth estimate to 6.6% from 6.3%.
ADB expects FY27 inflation at 4.5% and FY28 inflation at 4%.
Consumption is forecast to remain the primary growth driver in FY27.
Manufacturing gains are expected from recent trade agreements with the European Union, the United States, and New Zealand.