🔶 National Affairs (India) India’s GDP Growth Projection Revised The Reserve Bank of India (RBI) projected India’s GDP growth for FY 2026–27 at 6.8%. Inflation estimated at 4.5%, remaining within the RBI’s tolerance band (2–6%). Key drivers: Strong domestic demand, infrastructure spending, and manufacturing expansion. New Digital Governance Initiative Launched Government introduced the “Digital Public…
🔹 National Affairs (India) RBI Monetary Policy Outlook The Reserve Bank of India maintained a cautious stance amid global inflationary pressures. Repo rate remains steady at 6.50% to balance inflation and growth. Inflation projected around 5.2% for FY 2026. GDP growth forecast retained at 6.8%. Digital India Expansion Initiative Government approved expansion of Digital Public…
🔹 National Affairs (India) RBI Monetary Policy Outlook The Reserve Bank of India indicated a cautious stance on repo rate adjustments amid inflation concerns. Current Repo Rate: 6.50% CPI Inflation (latest): 5.2% Focus remains on balancing growth with inflation targeting (4% ±2%). Digital India Expansion Initiative Government announced expansion of digital infrastructure under the BharatNet…
