New Delhi, April 8 -- Real GDP growth for the current year is projected at 6.9 per cent, the Governor of Reserve Bank of India, Sanjay Malhotra, said on Wednesday.

The Governor projected that the growth trajectory for the year showed a steady pattern across all four quarters. The central bank estimated first-quarter growth at 6.8 per cent, followed by 6.7 per cent in the second quarter. Projections for the third and fourth quarters stood at 7 per cent and 7.2 per cent, respectively. Under the new GDP series, growth for the 2026 fiscal year was estimated at 7.6 per cent.

"Headline inflation for January and February stayed below the target at 2.7 per cent and 3.7 per cent, respectively," Malhotra stated. "Inflation in fuel terms remained ...