https://www.taxtmi.com/news?id=51663 The Reserve Bank retained the fiscal-year real GDP growth projection at 6.5 per cent while lowering the CPI inflation forecast, citing supportive factors such as an above-normal monsoon, rising capacity utilisation, ongoing monetary policy transmission after recent rate cuts, and strong government capital expenditure. The central bank noted resilient rural consumption, mixed high-frequency indicators, and tepid urban discretionary spending; it presented a quarterly profile for growth and inflation and described risks as balanced, with external geopolitical tensions and global market volatility as principal downside considerations. en-us Wed, 06 Aug 2025 11:16:02 +0530 Wed, 06 Aug 2025 11:16:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=51663 The Reserve Bank retained the fiscal-year real GDP growth projection at 6.5 per cent while lowering the CPI inflation forecast, citing supportive factors such as an above-normal monsoon, rising capacity utilisation, ongoing monetary policy transmission after recent rate cuts, and strong government capital expenditure. The central bank noted resilient rural consumption, mixed high-frequency indicators, and tepid urban discretionary spending; it presented a quarterly profile for growth and inflation and described risks as balanced, with external geopolitical tensions and global market volatility as principal downside considerations. News - Wed, 06 Aug 2025 11:16:02 +0530 https://www.taxtmi.com/news?id=51663