Reduce repo rate by 25 bps to 5.25% -- unanimous decision -- stance unchanged at neutral. FY26 GDP growth forecast upped to 7.3% from 6.8% earlier. FY26 CPI inflation projected downwards at 2% vs 2.6% ...
India’s unexpectedly strong economic growth last quarter has reduced chances of an interest rate cut at this week’s central bank’s policy meeting despite record-low inflation. Economists at Barclays ...