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RBI Sees Stronger Economy With 6.7% Growth

The Reserve Bank of India has revised India’s FY27 GDP growth forecast upward to 6.7% while lowering inflation expectations to 5%. The RBI governor said strong domestic demand remains the key growth driver. The central bank projected quarterly growth at 7%, 6.4%, 6.4%, and 6.5%, while warning El Niño risks could impact rural incomes.