India, Oct. 1 -- The Reserve Bank of India on Wednesday revised its growth outlook for FY26, projecting GDP expansion of 6.8% and lowering the inflation forecast to 2.6%, citing an above-normal monsoon and GST rate rationalisation.
In its August policy update, the RBI had projected 6.5% GDP growth and 3.1% inflation for the current fiscal. Announcing the bi-monthly monetary policy, Governor Sanjay Malhotra noted that key domestic developments, alongside a rapidly changing global economic environment, have reshaped India's growth-inflation dynamics.
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