ADB Boosts India's Growth to 7.2%; Pakistan Grapples with Water Crisis

• ADB raised India's FY26 GDP growth forecast to 7.2%, citing strong economic performance.
• India's growth is driven by manufacturing, services, consumption, and investment, with recent tax cuts boosting domestic demand.
• ADB expects India's inflation to significantly decrease to 2.6% in FY26, aided by good rains and GST cuts.
• The report also notes that Asia's overall growth forecast increased, partly due to India's strong performance.
• ADB highlighted Pakistan's severe water crisis, stating over 80% of its population lacks clean drinking water.

Why It Matters: India's economic boom and Pakistan's water crisis shape Asia's future.