Easing geopolitical tensions in the Middle East may bolster India's economic prospects, with RBI's MPC member Nagesh Kumar hinting at a potential growth revision above 7%.

The MPC members had voted for a status quo in the June policy, citing resilient growth and the need to assess inflation impact while stating that the MPC would closely monitor…

RBI may raise India's growth forecast to over 7% this year, aided by easing geopolitical tensions and stable oil prices.