After S&P, ADB raises India's growth aim to 7% but El Nino clouds food story
- Posted on September 23, 2026
- By Business News Today
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- 1 min read
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After S&P, ADB raises India's growth aim to 7% but El Nino clouds food story
India's economy is projected to grow at 7% in 2026 due to resilient consumption and government investment. However, weather risks from a strengthening El Nino may impact agricultural yields and energy prices. The Asian Development Bank has raised its growth forecast, highlighting strong domestic demand and investment. Additionally, inflation is expected to average 5.2%, potentially constraining monetary policy.
