New Delhi, Dec 7 (TIWN) The World Bank on Tuesday expressed optimism that India's real GDP would grow at 6.9 per cent in the current fiscal, an improvement from its previous projection of 6.5 per cent.

In its India Development Update, the World Bank said the revision was due to higher resilience of the Indian economy to global shocks and better-than-expected second quarter numbers.

India's gross domestic product (GDP), which grew 8.7 per cent in previous 2021-22 financial year, expanded 6.3 per cent in July-September 2022-23.

The country however remains affected by spillovers from the US, Euro area and China.

The World Bank saw the government meeting the fiscal deficit target of 6.4 per cent of the GDP in 2022-23.

It expected inflation to be 7.1 per cent in current fiscal year.