New Delhi, July 23 (H.S.): The Asian Development Bank (ADB) has revised India’s GDP growth rate estimate for the financial year 2025-26 down to 6.50 percent, a reduction of 0.20 percent from the previous 6.70 percent forecasted in April, citing trade uncertainties and U.S. tariffs.

For 2026-27, the projected growth rate has also decreased from 6.80 percent to 6.70 percent. These adjustments reflect the impact of U.S. tariffs and related policy uncertainties. Despite this decline, India continues to be among the fastest-growing major economies.

ADB anticipates that the services and agriculture sectors will drive growth, bolstered by forecasts of above-normal monsoon rainfall. The economic review suggests a GDP growth range of 6.30 percent to 6.80 percent, with RBI adjusting its estimate to 6.50 percent.

Hindusthan Samachar / Jun Sarkar