Finance Ministry projects 7.3% GDP growth for July-September quarter

The Ministry of Finance projected a real GDP growth rate of 7.3% for the July-September quarter, exceeding the Reserve Bank of India's 6.4% forecast.

The ministry warned that global uncertainties, including rising oil prices and geopolitical tensions, pose challenges for capital flows and macroeconomic stability.

India's foreign exchange reserves and net foreign direct investment inflows have shown recent improvements despite pressures on the rupee.