Asian Development Outlook
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Asian Development Bank to scale India funding to $4.5 billion in 2019, projects 7.3% growth in current fiscal
•Asian Development Bank committed $3.03 billion in sovereign loans to India in 2018
Asian Development Bank retains India FY19 growth forecast at 7.3% despite downside risks
•India is maintaining growth momentum on rebounding exports and higher industrial and agricultural output.
India fastest growing economy in Asia; on track to meet FY18 target of 7.3%, accelerate to 7.6% in FY19: ADB
•Led by India, South Asia will continue to be the fastest growing economic area despite new trade tensions in Asia and Pacific region, Asian Development Bank (ADB) said in a new report today.
ADB lowers India's GDP forecast to 6.7%; cites tepid growth, effects of demonetisation and GST for slowdown
•India's GDP, largest economy in South Asia, rebounded to 6.3 percent growth in second quarter ended in September for this fiscal