Mumbai, Feb. 6 -- Reserve Bank of India (RBI) Governor Sanjay Malhotra on Friday announced an upward revision in India's real GDP growth projections for the first two quarters of the next financial year, 2026-27, while deferring the full-year growth forecast to the April policy meeting.

Taking into account various domestic and global factors, the RBI has revised the real GDP growth projection for the first quarter (Q1) of FY27 to 6.9 per cent and for the second quarter (Q2) to 7 per cent.

The Governor said that the risks to the growth outlook are evenly balanced. However, projections for the full financial year have been deferred, as the new GDP series is scheduled to be released later in the month and will be incorporated in the April ...