Wed Apr 09 07:11:54 UTC 2025: ## RBI Cuts India’s Growth Forecast to 6.5% Amidst Global Uncertainty

**Mumbai, [Date]** – The Reserve Bank of India (RBI) today lowered its growth forecast for India’s real GDP in the fiscal year 2025-26 to 6.5 percent, down from the previous estimate of 6.7 percent. The downward revision, announced by RBI Governor Sanjay Malhotra, reflects concerns over global trade and policy uncertainties.

Despite the lowered overall forecast, the RBI remains positive about certain sectors. Agriculture is expected to perform strongly due to high reservoir levels and robust crop production. The manufacturing sector is showing signs of revival, and the services sector continues to be resilient. Investment activity is also gaining traction, supported by government infrastructure spending and healthy corporate and bank balance sheets.

However, global uncertainties are expected to weigh down merchandise exports, although services exports are projected to remain steady. The RBI cited these global headwinds as the primary reason for the reduced growth projection. The revised quarterly projections are: Q1 6.5 percent, Q2 6.7 percent, Q3 6.6 percent, and Q4 6.3 percent. While the RBI considers the risks to be evenly balanced, significant uncertainty remains due to recent global volatility.

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