RBI raises FY26 growth forecast to 7.3%

The Reserve Bank of Indias Monetary Policy Committee (MPC) has raised Indias GDP growth forecast for FY2025-26 to 7.3%, up from 6.8%, following stronger-than-expected economic performance. In the July–September quarter, GDP grew 8.2%, a six-quarter high driven by robust consumer demand boosted by GST rate cuts. The economy grew 6.5% in FY25.