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Pedestrians walk past stores in Zaveri Bazaar, Mumbai. ADB expects the growth to pick up to 6.5 per cent next year on supportive government policies.(Bloomberg)

ADB cuts India’s growth forecast to 5.1 per cent for FY2019; projects 6.5 per cent for next year

New Delhi | By Press Trust of India
PUBLISHED ON DEC 11, 2019 11:49 PM IST
The Reserve Bank of India last week in its bi-monthly monetary policy review has cut India’s GDP forecast to 5 per cent from 6.1 per cent citing weak domestic and external demand.
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