back to top
IndiaADB raises India’s growth forecast to 6.7% for FY24

ADB raises India’s growth forecast to 6.7% for FY24



New Delhi: The Asian Development Bank (ADB) has raised 's growth forecast to 6.7% for the current financial year from its earlier projection of 6.3% on account of higher-than-expected second quarter numbers. The second quarter of FY24 saw higher-than-expected GDP growth of 7.6%, causing growth in the first half (April-September) to expand by a strong 7.7%, according to the Asian Development Outlook December 2023 released on Wednesday.

Economic data also indicate that the industrial sector in particular, including manufacturing, mining, construction, and utilities, grew by double digits, it said.




The Northlines is an independent source on the Web for news, facts and figures relating to Jammu, Kashmir and Ladakh and its neighbourhood.

Share post:


More like this

Legendary Sports Commentator Harpal Singh Bedi Dies at 72.

NEW DELHI, June 15: Veteran sports journalist Harpal Singh...

Amit Shah to Conduct High-Stakes Security Review in Jammu, Kashmir

New Delhi, Jun 15: Union Home Minister Amit Shah...

PM To Release Rs 20,000 Cr For Farmers, Felicitate ‘Krishi Sakhis’ In Varanasi Visit On June 18

New Delhi, Jun 15: Prime Minister Narendra Modi will...