The Reserve Bank of India (RBI) raises the repo rate by 25 basis points to 5.50% and increases its FY27 CPI inflation projection to 5.2% from 5.0%, according to multiple reports.
NDTV says the RBI also revises its inflation outlook by quarter, lifting Q2 FY27 CPI inflation to 4.9% from 4.7%, raising Q3 to 6.0% from 5.9%, and setting Q4 at 5.7% versus 5.5% earlier. Times of India reports the change comes alongside firmer-than-expected economic growth and higher price pressures.
Other outlets add additional context and estimates. Swarajya states that alongside the rate hike, the RBI projects FY27 economic growth at 7.1%. Times of India similarly revises the FY27 GDP growth forecast upward by 40 basis points to 7.1% and says inflation is expected to be around 5.8%, reflecting differences in how outlets summarize or round the RBI’s inflation numbers.
Overall, sources agree on the repo-rate increase and the higher FY27 CPI inflation forecast, while details like quarterly figures and alternative inflation rounding vary by outlet.
