RBI holds rates,lowers GDP growth for FY 27 to 6.9%; hikes Inflation outlook to 4.6% due to West Asia crisis, spike in crude prices

RBI holds rates,lowers GDP growth for FY 27 to 6.9%; hikes Inflation outlook to 4.6% due to West Asia crisis, spike in crude prices

“Higher input costs associated with an increase in energy prices and international freight and insurance costs, along with supply-chain disruptions that would constrain availability of key inputs for downstream sectors, would impair growth,” RBI Governor Sanjay...