05-Jun-2026      11:33

RBI cuts India's GDP growth projection for FY27 downward to 6.6%

The Reserve Bank of India (RBI) has revised India's real gross domestic product growth projection for FY27 downward to 6.6% from 6.9% earlier, due to risks stemming from the West Asia conflict, elevated crude oil prices and weather-related uncertainties. This is the second downward revision to the growth forecast this year.

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