Money Talk

ADB cuts India#39;s FY22 economic growth forecast to 10%; inflation seen rising marginally to 5.5%

ADB cuts India#39;s FY22 economic growth forecast to 10%; inflation seen rising marginally to 5.5% India#39;s GDP growth recovered to 1.6 percent in the last quarter of fiscal year ended March 2021, narrowing contraction in the whole fiscal year from 8 percent estimated in April to a revised 7.3 percent, the multilateral funding agency said in the Asian Development Outlook (ADO) Supplement.

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