RBI lowers GDP growth projections for first two quarters of FY26 amid global trade concerns

The Reserve Bank of India has lowered GDP growth projections for the first and second quarters of fiscal 2025-2026 due to concerns over geopolitical tensions and protectionist trade policies. The GDP growth is projected at 6.7% for the year. However, robust household consumption and resilient services exports are expected to support overall growth. Inflation is set to moderate to 4.