The Reserve Bank of India (RBI) has raised its consumer inflation projection for FY27 to 5.2% from 5% earlier, citing evolving macroeconomic conditions and the impact of higher crude oil prices. RBI Governor Sanjay Malhotra announced the revised forecast after the Monetary Policy Committee
Global crude oil prices declined sharply on May 20th after Donald Trump indicated that negotiations between the United States and Iran had entered the final stages, raising expectations of easing geopolitical tensions in the Middle East. US benchmark West Texas Intermediate (WTI) crude futures dropped more than 5% to settle at US$ 98.26 per barrel, […]














