Indian Rupee to average 93.1 against US Dollar in FY27 as current account deficit eases: Ind-Ra
India Ratings expects the rupee to average 93.1 against the US dollar in FY27, supported by easing crude prices and a lower current account deficit.
Economy & Policy
India revamps wholesale inflation framework, paves way for Producer Price Index era
India has revised its wholesale inflation framework by introducing a new WPI series with a 2022-23 base year and launching Producer Price Indices (PPI), marking a gradual shift towards globally accepted inflation measurement standards as food, fuel and manufacturing costs push wholesale inflation to 9.7%.
India’s growth story remains strong as GDP expands 7.7% in FY26
Robust growth in manufacturing, services, investment and private consumption helped India’s economy expand 7.7% in FY26, while economists expect growth to moderate to 6.4%-6.6% in FY27 amid global uncertainties, inflation concerns and monsoon-related risks.
RBI keeps repo rate unchanged, lowers FY27 GDP growth forecast to 6.6%
The RBI retained the policy rate and neutral stance in its June MPC meeting, while lowering FY27 GDP growth projections to 6.6% and raising inflation forecasts to 5.1% amid geopolitical tensions, elevated energy prices and monsoon-related risks.
Crude, milk and gold push inflation higher; RBI likely to hold rates despite WPI jump
Rising crude prices, fuel pass-through and higher milk costs are widening the gap between wholesale and retail inflation.
March CPI inflation rises to 3.40% as fuel, housing push prices up
CPI inflation inched up to 3.40% in March, driven by rising imported costs and pressure from fuel and housing segments.
FY2027 Outlook: Resilient economy signals upside in undervalued markets
Strong macro fundamentals and low inflation place India in a “Goldilocks” zone. Valuations near long-term averages signal potential for above-average market returns.
Prolonged pause likely as RBI balances growth, inflation risks: SBI Ecowrap
The Reserve Bank of India’s decision to hold rates signals a cautious, hawkish undertone amid global uncertainties, even as it maintains policy stability.
FY26 Bond Wrap: Why India’s 10Y yield refuses to ease
After a soft start, India’s 10Y yield turned sticky in H2FY26 amid rising supply concerns and global geopolitical tensions. Oil shocks and volatile capital flows have added to upside risks, keeping yields elevated.
RBI likely to hold rates amid Iran war shock: BoB Report
The RBI is expected to hold the policy repo rate unchanged at 5.25% and keep the stance as neutral.
