New Delhi, Feb. 20 -- The Reserve Bank of India has reported a revival in the country's economic momentum, with prospects of strengthening consumption demand supported by moderating inflation and recent tax relief measures, according to its latest monthly bulletin.

The central bank's assessment highlights dual growth drivers, with rural demand expected to benefit from strong agricultural sector performance, while urban consumption is anticipated to improve due to enhanced disposable incomes following tax concessions announced in the recent budget.

This positive outlook has prompted Goldman Sachs Group to revise India's growth forecast upward by 10 basis points to 6.2 percent for the current financial year ending March, with a projected ...