RBI Stands Firm: No Rate Hikes in FY27, Inflation on Edge

Finance

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RBI Stands Firm: No Rate Hikes in FY27, Inflation on Edge

Ladies and gentlemen, the Reserve Bank of India has made its move! The repo rate is holding strong at 5.25%, and the crowd goes wild—no rate hikes in FY27! Inflation's been a rollercoaster at 4.4%, but Governor Sanjay Malhotra says it's just a temporary spike. Core inflation? It's as chill as a summer breeze! Buckle up, folks; this economic showdown is just heating up!