With good monsoon and GST rate rationalization, the Reserve Bank of India (RBI) has revised the growth projections for FY 26 upwards.

The gross domestic product (GDP) growth forecast for FY26 has been revised upward to 6.8 per cent, with quarterly estimates of 7 per cent in Q2 as against 6.7 per cent announced earlier, 6.4 per cent in Q3 as compared to 6.6 per cent earlier, and 6.2 per cent in Q4 as against 6.3 per cent projected earlier.

Growth for Q1 of the next financial year FY27, is projected at 6.4 per cent as against 6.6 per cent earlier.

The growth projections in Q3, Q4 and Q1 of FY27 was revised downwards partly due to 50 per cent tariffs by US on Indian imports.

RBI Governor Sanjay Malhotra said US tariffs will moderate exports however he added that government policy steps ma

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