The Reserve Bank of India (RBI) has released the September 2025 bulletin which noted that the latest GST reforms will bring a positive impact on the Indian economy. The report said India’s economy showed strong resilience in the first quarter of FY26, with GDP growth touching a five-quarter high of 7.8 per cent.

Here is a detailed analysis of RBI outlook ahead of the RBI MPC meeting that is scheduled to begin from September 29 to October 1.

US tariffs, IT sector concerns fail to dent growth momentum

Despite global headwinds, including fresh US tariffs and concerns in the IT sector, the RBI said India’s economy remains resilient. It projected growth to stay strong in the second half of the year, supported by healthy corporate balance sheets and ongoing reforms. The bulletin

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