India’s Reserve Bank increased its real GDP prediction for FY24 from 6.5% to 7%.
The actual Gross Domestic Product (GDP) is expected to expand by 7% from 6.5% according to the Reserve Bank of India (RBI). In addition to announcing the bi-monthly monetary policy on Friday, RBI Governor Shaktikanta Das also forecast real GDP growth for the upcoming fiscal year 2024–2025. Real GDP growth is anticipated to be 7%…