The Economic Intelligence Unit (EIU) has forecast India's GDP growth at 6.5 per cent this fiscal and said that there will be a tightening in interest rates in early-2010. Talking to reporters in Mumbai today, Economic Intelligence Unit (EIU) Director for Research, Manoj Vohra said that EIU expects real GDP growth in 2009-10 to average 6.5 per cent from the earlier forecast of 5.8 per cent, with an upside risk. He further added that the strong performance of industrial production and other macroeconomic indicators in recent months shows that the worst of the economic slowdown in India is now over and there would now be a gradual upward movement. Vohra said the country's GDP would reach 7.1 per cent in 2010-2011 and growth will accelerate to 8 per cent in 2011-2012. EIU also forecast that the Reserve Bank of India would increase interest rates in early-2010. On inflation, Vohra said it would increase in the next six-months. While on credit growth he said it would grow at 14-15 per cent in this fiscal. He further said that the fiscal deficit for the current fiscal would be higher than the Government's projection of 6.8 per cent.