India
RBI DG says India's GDP may exceed 6.7% projection
RBI Deputy Governor Poonam Gupta said India's economy is likely to grow faster than the central bank's projected 6.7% this fiscal year, despite oil and tariff shocks, global uncertainty, and a possible rainfall deficit. She spoke at the Madras School of Economics in Chennai.
Reserve Bank of India Deputy Governor Poonam Gupta said Thursday that India's GDP growth may exceed the RBI's projected 6.7% for the current fiscal year. Delivering a lecture on the Indian economy at the Madras School of Economics in Chennai, she said the economy remains resilient despite multiple challenges, including oil and tariff crises, heightened global uncertainty, and the possibility of a rainfall deficit. Gupta said high-frequency indicators and analysis suggest the numbers could turn out better than projected. She also said she expects 2027 to be a benign year for policymakers and referred to a 7.5% growth rate in the context of the country's growth trajectory.
- India GDP growth
- Reserve Bank of India
- RBI deputy governor Poonam Gupta
- Indian economy resilience
- economic projections 2027
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