Reserve Bank of India (RBI) Governor Malhotra has announced an upward revision to the nation's GDP growth forecast for the 2027 fiscal year, setting the new projection at 6.7 percent. Alongside this growth outlook, the central bank has established an inflation projection of 5 percent for the same period.
These economic indicators reflect the central bank's current assessment of India's fiscal trajectory. The updated figures serve as a primary benchmark for the country's projected macroeconomic performance and price stability targets for the upcoming fiscal cycle.
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