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हिंदी

Current Affairs 29 July 2026

In short

  • India records stronger-than-expected GDP growth of 6.5% for FY25
  • India’s consumer inflation likely rose above RBI’s 4% target in June

…and 9 more stories on POLITY, DIPLOMACY, ECONOMY, ENVIRONMENT.

Top stories

ECONOMY

India records stronger-than-expected GDP growth of 6.5% for FY25

India’s economy grew faster than expected, with full-year real GDP growth for FY 2024-25 pegged at 6.5%. The figure is still the slowest in four years, which makes the recovery uneven rather than broad-based. The latest growth reading is important because it feeds directly into expectations on inflation, interest rates, and fiscal planning. It also matters for competitive exams because GDP, GVA, and sectoral growth are recurring concepts. The news places India’s growth trajectory in the context of global uncertainty and domestic demand conditions. Such data is frequently used in questions on macroeconomic indicators and government performance.

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What was India’s real GDP growth for FY 2024-25?

ECONOMY

India’s consumer inflation likely rose above RBI’s 4% target in June

A Reuters poll suggested that India’s consumer inflation likely crossed the Reserve Bank of India’s 4% target in June. If confirmed, it would be the first time in 16 months that inflation breached the medium-term target. Higher food and fuel prices were cited as key reasons, along with monsoon concerns and geopolitical pressures. The development matters because inflation influences monetary policy and household purchasing power. It is especially important for exams since inflation targeting is a core RBI concept. Candidates should note the 4% target and the 16-month gap.

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What is the RBI’s medium-term consumer inflation target mentioned in the report?

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Current Affairs by JobSafal