While the MPC has maintained FY26 GDP growth forecast at 6.5%, it expects economic activity to maintain the momentum in the fiscal year, supported by private consumption and fixed capital formation.

RBI projects 3.7% inflation, 6.5% GDP growth for FY26, emphasizing strong fundamentals and growth potential in India.

The Reserve Bank of India (RBI) surprised markets Friday by cutting the repo rate by 50 basis points (bps) to 5.5%. It also announced a 100-bps reduction in the Cash Reserve Ratio (CRR) in four stages, releasing around ₹2.5 lakh crore into the financial system.

The Reserve Bank of India has revised its FY'26 consumer inflation target downwards to 3.7%, from the earlier 4% projection made in April, while maintaining a growth forecast of 6.5%. This revision is influenced by declining CPI inflation,

The majority of respondents of the CNBC-TV18 poll cite low inflation and weaker economic growth as reasons for the likely rate cut. A smaller group anticipates a larger 50 basis point cut to support demand.

India's IT prowess positions it to capitalize on AI breakthroughs, driving economic growth and its rise as a global economic powerhouse.

The RBI's upcoming monetary policy meeting is crucial as analysts predict a 25 bps rate cut to boost economic growth. Rate-sensitive sectors like banking, real estate, and automobiles may benefit.

GDP surpasses estimates, showcasing strengths despite caveats. See why Indian large-cap ETFs like INDA remain a solid investment choice.

Rural consumption is poised to remain a bright spot in the Indian economy, supporting growth in the ongoing fiscal year, economists said after fourth-quarter GDP growth beat estimates.

Reserve Bank on Friday retained GDP growth projections for the current fiscal at 6.5 per cent, saying the Indian economy presents a picture of strength, stability and opportunity in the backdrop of global uncertainty.