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RBI Slashes India’s Inflation Forecast To 2% For 2025-26

New Delhi: The RBI’s monetary policy committee (MPC) on Friday slashed its forecast for India’s inflation rate for the financial year 2025-26 to 2 per cent -- from 2.6 per cent predicted in October due to the sharp decline in food prices and the GST rate cuts playing out.  RBI Governor Sanjay Malhotra said that “the MPC noted that...