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RBI says 4 pc inflation target not in abeyance; future rate action tied to price persistence
Mumbai, Jun 5 (PTI) The Reserve Bank of India (RBI) Governor Sanjay Malhotra on Friday said its 4 per cent medium-term inflation target is sacrosanct and has not been put in abeyance. Malhotra, who upped the central bank’s FY27 consumer inflation estimate by 0.5 per cent to 5.1 per cent, indicated that any future monetary […]
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newsbytesapp.com
RBI raises inflation forecast for FY27 to 5.1%
The Reserve Bank of India, during its 2026 MPC meeting, raised the inflation projection for FY27 to 5.1%, signaling potential economic adjustments ahead.
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asia.nikkei.com
Indian central bank holds firm on key rate but raises inflation forecast
Reserve Bank of India expects prices to rise 5.1% for the fiscal year through March 2027
