economy India
RBI raises interest rates as inflation outlook worsens
5.2%
The RBI projects Consumer Price Index inflation at 5.2% for 2026-27.
The Reserve Bank of India raised interest rates amid higher inflation projections and global economic risks. It also upgraded its growth forecast for the current financial year.
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The Reserve Bank of India raised interest rates.
“RBI raises rates amid rising inflation and global risks outlook”
- 5.2%
The RBI projects Consumer Price Index inflation at 5.2% for 2026-27.
“The RBI projects Consumer Price Index (CPI) inflation at 5.2% for 2026-27”
- 5%
The RBI’s projected CPI inflation rate for 2026-27 is higher than its earlier estimate of 5%.
“higher than the 5% estimated earlier”
AllegedRBI Governor Sanjay Malhotra said interest-rate cuts were off the table for now.
“cuts were "off the table for now"”