RBI Raises FY27 Inflation Forecast To 5.2%, GDP Growth To 7.1%
The Reserve Bank of India (RBI) on Wednesday raised its inflation and economic growth forecasts for FY27 as the Monetary Policy Committee (MPC) unanimously increased the repo rate by 25 basis points to 5.5%. The MPC also changed its policy stance to calibrated tightening from its previous position. RBI Governor Sanjay Malhotra said inflation and its outlook were no longer as benign as they had…
We haven't written up this one. Free Press Journal has the full story — the link below goes straight to it.
