HSBC cuts India FY2027 growth forecast from 7.4% to 6%
NewsBytes | May 11, 2026 9:39 PM CST
RBI watches inflation, keeps 6.9% forecast
HSBC warns that slower growth could make things tougher for rural families and small companies, who already feel the pinch when prices jump or jobs slow down.
Meanwhile, the RBI is sticking to a more upbeat view, still expecting 6.9% growth in FY2027.
It is also watching inflation closely, especially with fuel prices possibly rising even more.
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