https://www.taxtmi.com/news?id=40274 Reserve Bank revised the real GDP growth projection downward for the fiscal year to 6.5 percent, reflecting global trade and policy uncertainties that will weigh on merchandise exports while services exports remain resilient. Agriculture prospects are favourable, manufacturing is reviving, and services are resilient; investment is gaining traction supported by capacity utilisation, infrastructure spending, and healthier balance sheets. The forecast marks a 20 basis-point downgrade from the prior assessment and notes evenly balanced but elevated risks amid recent global volatility. en-us Wed, 09 Apr 2025 11:46:03 +0530 Wed, 09 Apr 2025 11:46:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=40274 Reserve Bank revised the real GDP growth projection downward for the fiscal year to 6.5 percent, reflecting global trade and policy uncertainties that will weigh on merchandise exports while services exports remain resilient. Agriculture prospects are favourable, manufacturing is reviving, and services are resilient; investment is gaining traction supported by capacity utilisation, infrastructure spending, and healthier balance sheets. The forecast marks a 20 basis-point downgrade from the prior assessment and notes evenly balanced but elevated risks amid recent global volatility. News - Wed, 09 Apr 2025 11:46:03 +0530 https://www.taxtmi.com/news?id=40274