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ADB raises India's GDP growth forecast to 7% on stronger-than-expected Q1 growth

India's GDP growth forecast has been increased by an international financial institution to 7 percent after first-quarter expansion exceeded expectations. Strong consumer demand during the upcoming festive period is anticipated, although spending remains selective, with a focus on value and premium products.

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ADB raises India's GDP growth forecast to 7% on stronger-than-expected Q1 growth · GODENGINE