RBI Maintains Repo Rate, Upgrades GDP Forecast

The Reserve Bank of India (RBI) has kept the repo rate unchanged at 5.50% while revising India's GDP growth forecast for FY 2025-26 to 6.8%, up from 6.5%. The CPI inflation forecast has been lowered to 2.6% from 3.1%. Additionally, India's current account deficit has narrowed to 0.2% of GDP in Q1 FY 2025-26, and the equity markets have shown positive trends during the first half of the fiscal year.

Source: Original Link