RBI revises GDP growth for FY25 to 7.2 pc, inflation target remains at 4.5pc

Mumbai (Maharashtra) [India], June 7 (ANI): The RBI has revised the GDP forecast for the current FY 24-25 to 7.2 per cent from 7 per cent earlier, and the CPI inflation is projected at 4.5 per cent.

Announcing the policy rates and GDP forecasts on Friday, RBI Governor Shaktikanta Das said, "The real GDP growth for the current financial year 2024-25 is projected at 7.2 per cent with Q1 at 7.3 per cent, Q2 at 7.2 per cent,