The Asian Development Bank (ADB) has lowered India’s GDP forecast for the current fiscal by 0.3% to
6.7%
The Asian Development Bank (ADB) has lowered India’s GDP forecast for the current fiscal by 0.3% to 6.7 %. It has also revised downward the gross domestic product (GDP) outlook for next fiscal beginning from March 2018 to 7.3% from 7.4% mainly due to rising global crude oil prices and soft growth in private sector investment.