#RBI Lowers #India's #GDP Forecast For #FY27 To 6.6%: Here's Why (opens in new tab)

The Reserve Bank of India \(RBI\) has lowered its economic growth forecast for FY27 to 6\.6%, down from the earlier estimate of 6\.9%\.RBI Governor \#SanjayMalhotra cited rising global uncertainties, elevated energy prices, geopolitical tensions, and supply-side disruptions as key reasons for the downward revision\. The central bank has also raised its inflation projection\. This comes amid ongoing global challenges, including the impact of the West Asia conflict on energy markets\. Watch the...