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Economics3h 7m ago
The Reserve Bank of India left the repo rate unchanged but reduced its growth forecast for FY27 and raised its inflation projections, while the rupee weakened over 5% this year.
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India, West Bengal
Who
Dhurjati Mukherjee, Reserve Bank of India, Monetary Policy Committee (MPC), government, Uday Kotak, Emkay Global Financial Services, Prime Minister Modi
What
The Reserve Bank of India left the repo rate unchanged but reduced its growth forecast for FY27 and raised its inflation projections, while the rupee weakened over 5% this year.
When
Sun, 14 Jun 2026 22:42:44 GMT · 3h 7m ago
Where
India, West Bengal ·
Why
Higher oil prices, disrupted supply chains, and the Persian Gulf conflict are feeding costs, while foreign institutional investors have pulled out approximately $22.17 billion from India.
The Frontline Impact
How this affects you
India's economy is showing signs of distress with reduced growth forecasts, high inflation projections, and a weakening currency, exacerbated by global oil price volatility and a significant outflow of foreign investment. This situation presents challenges for the government to manage economic stability and mitigate the impact on citizens.
Story chain
8 events in this thread- Economics1h 52m agoFinance minister Nirmala Sitharaman stated on Sunday that uncertainty in West Asia and India’s import dependence on key commodities, along with FII and FDI exits, have led to the weakening of the rupee against the dollar.Open article
- Economics1h 52m agoFinance minister Nirmala Sitharaman said India remained the world’s fastest growing economy and the uncertainty in West Asia, along with India’s import dependence on three major commodities, resulted in the weakening the rupee against the dollar.Open article
- Economics1h 52m agoFinance Minister Nirmala Sitharaman stated that uncertainty in West Asia and India's import dependence on key commodities are weakening the rupee against the dollar.Open article
- Economics3h 7m agoThe Reserve Bank of India reduced its growth forecast for FY27 and raised its inflation projections, while the rupee weakened over 5% this year.Open article
- Currently Reading3h 7m agoThe Reserve Bank of India left the repo rate unchanged but reduced its growth forecast for FY27 and raised its inflation projections, while the rupee weakened over 5% this year.
- Economics3h 7m agoThe Reserve Bank of India reduced its growth forecast for FY27 and raised its inflation projections, while the rupee weakened over 5% this year amid elevated oil prices and equity outflows.Open article
- Economics3h 7m agoThe Reserve Bank of India lowered its growth forecast for FY27 and raised its inflation projections, while keeping the repo rate unchanged.Open article
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