Asia on the rebound: ADB ups India growth forecast to 6 pc
The Asian Development Bank (ADB) today revised its growth forecast for India from 5 per cent for the current fiscal to 6 per cent. ADB gave an upward forecast citing increase in public spending, quicker than expected return of capital inflows, stronger industrial production, and improved business confidence as the major reasons in its Asian Development Outlook 2009 Update .
Publication Date:
23/09/2009