RBI's Inflation Forecast: 4.6% Amidst Rising Risks!

Ladies and gentlemen, the Reserve Bank of India’s Monetary Policy Committee has thrown down the gauntlet! On April 8, they announced a forecast of 4.6% inflation for FY27, but hold onto your hats—the West Asian crisis is stirring the pot! With energy prices rising like a phoenix, can they keep the repo rate steady at 5.25%? The tension is palpable!