Finance
Potter HeadRBI's Enchanted Gathering: Repo Rate Holds Steady Amidst Storms
In a mystical gathering, the Reserve Bank of India, led by the wise Sanjay Malhotra, has decided to keep the enchanted repo rate at a steady 5.25%. With dark omens from the West Asia conflict and whispers of inflation rising like a mischievous spell, they bravely hold their neutral stance, awaiting the next magical meeting of the Monetary Policy Committee.
few days ago | Rimjhim Singh
Quick rundown
1.RBI keeps repo rate steady at 5.25%.
2.West Asia conflict poses major economic risk.
3.GDP growth projected at 6.6% for FY27.
4.Inflation forecast raised to 5.1% for FY27.
5.RBI opts for caution amid global uncertainties.
