Mumbai, Oct. 29 -- India's near-term growth outlook is promising and growing at a stronger than anticipated rate of 7.8 per cent during Q1:2025-26, various high frequency indicators point towards a robust expansion in Q2:2025-26 as well, noted Poonam Gupta, Deputy Governor, Reserve Bank of India in a latest speech. In the latest monetary policy statement, growth forecast for FY2025-26 has been revised upwards to 6.8 per cent. Inflation currently is at an eight-year low of 1.5 per cent. As per the latest assessment of the RBI, CPI inflation is projected to be 2.6 per cent for the full year 2025-26, much below the target. India's policy frameworks have continued to evolve and are currently among the global best. Its exchange rate, that was ...