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.
Cost efficiencies of domestic producers will be underpinned by highly integrated operations, including captive power, alumina refinery, and bauxite linkages.
Rising crude prices, fuel pass-through and higher milk costs are widening the gap between wholesale and retail inflation.
Escalating tensions in West Asia are pushing up energy costs and widening macro risks for India. From slower growth to higher inflation, the spillover effects could shape FY27 outlook.
