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India Economic Growth May Beat RBI’s 6.7% Forecast, Gupta Says

Economic DataMonetary Policy

India is projected to grow closer to 7% in FY through March, above the central bank’s 6.7% forecast, Deputy Governor Poonam Gupta said. The stronger-than-expected growth would keep India among the world’s fastest-growing major economies, potentially supporting local risk sentiment while informing expectations for the Reserve Bank’s policy outlook.

Analysis

India is projected to grow closer to 7% in FY through March, above the central bank’s 6.7% forecast, Deputy Governor Poonam Gupta said. The stronger-than-expected growth would keep India among the world’s fastest-growing major economies, potentially supporting local risk sentiment while informing expectations for the Reserve Bank’s policy outlook.

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mildly positive

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