RBI Lowers India’s FY27 GDP Forecast Amid Global Geopolitical Tensions
The Reserve Bank of India (RBI) lowered its GDP growth projection for the 2026-27 fiscal year to 6.6 percent, down from the 6.9 percent estimate issued in April. Governor Sanjay Malhotra announced the revision during the June bi-monthly monetary policy briefing, citing persistent volatility in energy prices and ongoing supply chain disruptions tied to the…