The Reserve Bank of India has cut its growth forecast and raised its inflation outlook for the current financial year, citing higher crude oil prices, global supply disruptions and concerns over a weak monsoon. The RBI has lowered its GDP growth projection for 2026-27 to 6.6%. down from the 6.9% forecast made earlier. At the same time, it has raised its inflation estimate to 5.1%, up by 50 basis points from the previous projection, signalling growing concerns over rising prices.

RBI raised its inflation projection for the year ending March 2027 by 50 basis points to 5.1%, while cutting growth forecast to 6.6% for the year, from 6.9%.

RBI GDP Growth 2026-27: The Reserve Bank of India has reduced its economic growth forecast for FY27 to 6.6 percent. This adjustment comes amid concerns over global conflicts,…

The Reserve Bank of India has raised its inflation forecast to 5.1% due to rising energy prices and an uncertain food outlook. Governor Sanjay Malhotra warned that higher input…

RBI MPC Meeting 2026 Crude Oil Price Impact on Inflation: India's headline inflation may rise by 36 basis points due to higher petrol and diesel prices. The Reserve Bank of India…

MUMBAI: RBI held key policy rates unchanged on June 5, 2026, and revised growth and inflation projections amid a deteriorating global environment, elevated energy prices, and…

The Reserve Bank of India has projected CPI inflation at 5.1% for FY2026-27 while forecasting real GDP growth at 6.6%. RBI Governor Sanjay Malhotra said inflation is expected to…

India's economy is set for robust growth, exceeding Reserve Bank of India forecasts, World Bank Executive Director Neelkanth Mishra said. According to him, the economy is…

MUMBAI: Caught between a slowing economy and the risk of a fresh price spiral triggered by the conflict in West Asia, the RBI on Friday left the repo rate unchanged at 5.25%, cut…