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RBI keeps repo rate unchanged at 5.5%, revises growth projection upwards to 6.8% from 6.5% for FY 26

26 Gross Domestic Product (GDP) for the financial year rose to 6.8 percent and 7 percent in a quarter of three months, 6.7 percent announced before, 6.4 percent in the third quarter and 6.2 percent in the quarter and 6.2 percent against 6.3 percent.

With good monsoon and GST ratio rationalization, the Indian Reserve Bank (RBI) revised the growth projections for 26 FY.

26 Growth Domestic Product (GDP) for the financial year was increased to 6.8 percent and three -month forecasts were increased to 6.8 percent compared to 6.7 percent compared to 6.7 percent compared to 6.7 percent compared to 6.4 percent, 6.4 percent in the quarter and 6.2 percent in the third quarter and 6.2 percent in the quarter.

Growth for the first quarter of the next financial year is estimated to be 6.4 percent against 6.6 percent.

The third quarter of the FY27, the growth projections in Q4 and Q1 were revised downward due to a 50 percent tariff in Indian imports.

RBI Governor Sanjay Malhotra said that the US tariffs would be moderate, but government policy steps can balance some effects of global winds.

Governor said that the implementation of structural reforms that cause various growth, including the order of GST by PM Modi on August 15, is expected to balance some negative effects of external advertisements.

Taking into account all these factors, the Governor said, “This year, real GDP growth is currently envisaged to be 6.8 percent. This is a previous 6.5 percent revision, he said.

In the last policy announcement, despite the uncertain global trade environment due to ongoing tariff announcements and commercial negotiations, the Indian Reserve Bank (RBI) changed its GDP growth projection by 6.5 percent for the current financial year of 2025-26.

(This story was not organized by DNA personnel and published from the moment)

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