RBI raises India’s GDP growth forecast to 7.3 pc

December 5, 2025 11:30 AM

RBI raises India’s GDP growth forecast to 7.3 pc

The Reserve Bank of India (RBI) on Friday raised its GDP growth forecast for the Indian economy to a robust 7.3 per cent for 2025-26, up from 6.8 per cent earlier, supported by strong agricultural prospects, the continued impact of GST rate cuts, low inflation and healthy balance sheets of corporates and banks. Addressing a press conference after the Monetary Policy Committee meeting here, RBI Governor Sanjay Malhotra said the surge in economic growth to 8.2 per cent in the second quarter of th...

Rate cut to boost housing demand as home loans to get cheaper

December 5, 2025 11:16 AM

Rate cut to boost housing demand as home loans to get cheaper

The Reserve Bank of India’s decision to cut the repo rate by 25 basis points to 5.25 per cent is expected to give a strong push to housing demand, especially in the affordable and mid-income segments, as home loan EMIs are likely to come down in the coming weeks. Announcing the monetary policy decision on Friday, RBI Governor Sanjay Malhotra said the MPC voted unanimously for the rate cut to support economic growth. He said the sharp fall in inflation to 1.7 per cent and the strong 8.2 per c...