MUMBAI: A sharp deterioration in consumer sentiment alongside downgraded growth forecasts, rising inflation expectations and a weakening rupee has signalled a broad-based macroeconomic slowdown, according to the Reserve Bank's May 2026 survey rounds, with both households and professional forecasters turning more cautious over the near-term outlook.

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…

MUMBAI: A sharp deterioration in consumer sentiment alongside downgraded growth forecasts, rising inflation expectations and a weakening rupee has signalled a broad-based…