The Reserve Bank has revised its GDP growth forecast for FY 2026-27 downward from 6.9% to 6.6%, citing geopolitical tensions and El Nino effects. Retail inflation is projected to rise above 5.1%. However, Governor Sanjay Malhotra announced that the repo rate remains unchanged at 5.25%, providing relief to loan borrowers as EMI will not increase. Additionally, long-term capital gains tax on government securities for foreign investors has been removed to encourage capital inflow. https://sambad.in/india-and-beyond/reserve-banks-forecast-raises-concerns-12006480 #creator program