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India's central bank raises growth forecast to 7.3% and cuts interest rates to 5.25%.
The Reserve Bank of India raised its 2025-26 GDP growth forecast to 7.3% from 6.8%, citing strong domestic demand, robust agricultural output, and low inflation.
In a unanimous decision, the RBI cut its policy repo rate by 25 basis points to 5.25%, reflecting confidence in sustained growth and disinflation, with inflation projected at 2.0% for the year.
The central bank cited strong consumption, tax reforms, and favorable global conditions as key drivers, while noting risks remain balanced due to global uncertainties and weak merchandise exports.
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El banco central de la India eleva la previsión de crecimiento al 7.3% y reduce las tasas de interés al 5.25%.