MumbaiIndia’s repo rate hits 5.5%, first rise since 2023.

Car, home and personal loans may cost more as the bank projects 2026-27 inflation at 5.2%.

India imports 90% of its crude oil, so $100 prices and a near-record-low rupee feed inflation.

Governor Sanjay Malhotra said cuts are “off the table for now.”

Economists at Goldman Sachs and Deutsche Bank expect successive rises into next year.

How each outlet framed it

drawn from 450+ reports worldwide

Bloomberg Business
BBC
frames rate hike as first in 4 years responding to geopolitical inflation and weak monsoon, signals rate cuts off the table

Sources: Bloomberg Business, BBC