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🏦 Reserve Bank of India (RBI) raises the repo rate by 25 bps to 5.5%, its first rate hike since February 2023. 📊 The MPC also shifts its stance to “Calibrated Tightening”, while raising its FY27 GDP growth forecast to 7.1%. ✍️ Hormaz Fatakia reports on the policy decision, inflation outlook and what RBI Governor…