Mumbai, Aug 5: The Reserve Bank of India on Wednesday marginally raised the GDP forecast for the current fiscal to 6.7 per cent while slightly lowering the inflation projection to 5 per cent. In the June policy, the Reserve Bank of India (RBI) had projected the GDP growth for fiscal 2026-27 at 6.6 per cent and inflation at 5.1 per cent. The real GDP growth for 2026-27 is projected at 6.7 per cent, with Q1 at 7.0 per cent; Q2 at 6.4 per cent; Q3 at 6.5 per cent; and Q4 at 6.8 per cent, Malhotra said, adding that the risks are evenly balanced. He said the Consumer Price Index (CPI) inflation for 2026-27 is projected at 5 per cent with Q2 at 4.7 per cent; Q3 at 5.9 per cent; and Q4 at 5.5 per cent. Core inflation, excluding precious metals, is projected to be lower, though it is likely to align with core inflation from Q4.