India’s Central Bank Forecasts Growth Upturn Despite Global Risks

RBI raises growth forecast to 7.3% and cuts repo rate to 5.25%, signaling confidence in India’s economic expansion despite global risks.

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India’s Central Bank Forecasts Growth Upturn Despite Global Risks

India’s Central Bank Forecasts Growth Upturn Despite Global Risks
The Reserve Bank of India (RBI) raised its FY26 GDP growth forecast to 7.3%, up from 6.8%, citing strong rural demand and robust private investment. Along with this, the RBI cut its repo rate to 5.25% to encourage further economic expansion, while revising the CPI inflation outlook to 2%. This shift aims to mitigate external headwinds and maintain domestic growth momentum as the real GDP for Q2 FY26 registered an 8.2% increase. 
Tags:
  • economy
  • India