RBI GDP Growth 2026: Malhotra & Co raise FY27 GDP forecast to 7.1% from 6.7%
RBI GDP Growth 2026: The Reserve Bank of India has increased India's economic growth forecast for fiscal 2026-27 to 7.1%. The decision follows stronger-than-expected growth in the June quarter, prompting various global forecasters to upgrade their estimates. Additionally, the RBI raised its policy repo rate by 25 basis points to 5.5% to address inflationary pressures. The outlook remains guarded…
The Reserve Bank of India has raised its inflation forecast for the fiscal year 2026-27 to 5.2% from the previous estimate of 5.0%. This increase is due to higher crude oil prices, rising food costs, and a weaker Indian rupee, which has created additional risks for fuel and imported inflation. Governor Sanjay Malhotra announced the Monetary Policy Committee's (MPC) decision on Wednesday, highlighting price pressures in the inflation outlook as one of the most closely watched aspects of the policy review.
The central bank projects inflation at 4.9% for Q2 2027, 6% for Q4 2027, 5.7% for the December quarter of FY2028, and 5.6% for the June quarter of FY2028, with risks balanced evenly.
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- RBI Inflation FY2026-27: Malhotra & Co raises inflation forecast to 5.2% for FY27 economictimes.indiatimes.com
