India economic growth may beat RBI forecast: Deputy governor says 7% pace possible as indicators improve
India's Deputy Governor, Michelle Gupta, indicated that economic growth could exceed the Reserve Bank of India's (RBI) forecast, suggesting a 7% pace is achievable as indicators improve. Gupta's comments reflect a shift towards a hawkish stance, with expectations of potential rate hikes. GDP data for April-June is expected later this month, with predictions ranging from 6.9% to 8%.