Mumbai, Feb. 7 -- The Reserve Bank of India on Friday has projected real GDP growth for FY25 at 6.4 per cent, expecting economic activity to pick up in the second half, driven by improvements in agriculture and manufacturing.

RBI Governor Sanjay Malhotra announcing the outcome of the Monetary Policy Committee meeting stated that for FY26, GDP growth is estimated at 6.7 per cent, with quarterly projections as Q1 FY26: 6.7 per cent, Q2 FY26: 7.0 per cent, Q3 FY26: 6.5 per cent and Q4 FY26: 6.5 per cent.

On the inflation front, the central bank expects Consumer Price Index (CPI) inflation to ease to 4.8 per cent in FY25, with Q4 FY25 inflation projected at 4.4 per cent. For FY26, inflation is forecasted at 4.2 per cent, with quarterly esti...