Business Economy India

RBI raises FY27 GDP growth forecast to 7.1 per cent

Mumbai: The Reserve Bank of India (RBI) on Wednesday raised its GDP growth forecast for the current financial year by 40 basis points to 7.1 per cent, while warning that persistent global geopolitical tensions could pose risks to the economic outlook. Announcing the October bi-monthly monetary policy, RBI Governor Sanjay Malhotra said domestic economic activity Read More…