The Reserve Bank of India’s rate-setting Monetary Policy Committee on Friday retained India’s GDP forecast for FY2025-26 at 6.5% amid economic uncertainty, triggered by shifting trade dynamics around US President Donald Trump’s sweeping tariffs. The RBI also retained its quarterly GDP growth projections for FY2025-26 at 6.5% for Q1, 6.7% for Q2, 6.6% for Q3, and 6.3% for Q4 — unchanged from its previous estimates. Our growth aspiration is between 7-8%, said said RBI governor Sanjay Malhotra while announcing the MPC's decisions.