RBI Raises FY26 GDP Growth Projection to 7.3%

The Reserve Bank of India has increased its prediction for how much the country's economy will grow in the current financial year.

They now think it will grow by 7.3% instead of the earlier 6.8%.

This is because the economy did really well in the July to September period, growing by 8.2%.

The bank's governor said that things like lower taxes, cheaper oil, and people spending more money during festivals helped the economy grow.

He also mentioned that while some parts of the economy are doing well, like farming and manufacturing, other parts, like exports, are not doing as well.

The bank is also confident that India has enough money in its reserves to handle any problems with money coming in from other countries.