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The Reserve Bank of India (RBI) on Wednesday, October 7, 2026, raised the benchmark repo rate by 25 bps to 5.5%. This is the first rate hike since February 2023
Inside This Week’s Economic Brief This week’s Economic Brief covers RBI’s calibrated tightening stance, the World Bank’s upgraded 7.1% FY27 growth forecast, India’s FTA utilization push, rare earth magnet manufacturing, and Aramco’s warning on thin global oil inventories. This week’s edition of The Economic Brief on…
PHDCCI and ASSOCHAM back the RBI’s 25-bps repo rate hike to 5.50 per cent, but flag risks to consumption, MSMEs and fresh investment from higher borrowing costs