RBI revises FY27 GDP forecast to 6.7%, lowers inflation outlook
RBI revises FY27 GDP forecast to 6.7%, lowers inflation outlook. The central bank raised its growth projection from 6.1% to 6.7% for FY27, citing strong domestic demand and industrial recovery. Meanwhile, inflation forecast was trimmed to 4.0% from 4.4%, supporting room for rate cuts. The move signals improved macroeconomic stability and potential boost for equities.
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