India holds rates at 5.25%, lifts inflation view and trims GDP outlook
What's new: The Reserve Bank of India now sees inflation at 5.1% in FY2027 and growth at 6.6%, as oil and rupee pressure build.
Bloomberg, CNBC
What's new: The Reserve Bank of India now sees inflation at 5.1% in FY2027 and growth at 6.6%, as oil and rupee pressure build.
Why it matters: The move takes effect April 1, 2026, and aims to steady the rupee after it fell more than 6% this year.