RBI Policy Meeting: Das & Co Lower FY25 GDP Growth Forecast To 6.6%

The RBI has revised India’s FY25 GDP growth forecast to 6.6% from 7.2%, citing slower-than-expected Q2 growth at 5.4%, impacted by industrial slowdown, weak manufacturing, mining contraction, and reduced electricity demand. Quarterly forecasts were also lowered, with Q3FY25 at 6.8%, Q4FY25 at 7.2%, and Q1FY26 at 6.9%, Governor Shaktikanta Das announced.