India's central bank forecasts 7% GDP growth for next fiscal year

RBI holds rates as chief warns global shocks could 'undo progress' on inflation

20240208 india cbank forecast

The Reserve Bank of India projects the country's economy will grow 7% next fiscal year. © Reuters

KIRAN SHARMA, Nikkei staff writer

NEW DELHI -- The Reserve Bank of India on Thursday projected gross domestic product for the coming financial year at 7%, as the South Asian nation aims to maintain its brisk economic performance.

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