India & United Kingdom — Monetary Policy Committee

India: India>>>'s economy is projected to grow at 6.9% in FY27, demonstrating resilience despite global geopolitical tensions and inflationary risks. The report highlights India>>>'s strong domestic demand, healthy banking sector, and government capital expenditure as key growth drivers.

United Kingdom — Monetary Policy Committee: The United Kingdom — Monetary Policy Committee>>> decided to keep the repo rate unchanged at 5.25% in April 2026, adopting a cautious stance due to geopolitical risks and inflation concerns.

India: India faces a widening current account deficit due to higher oil import costs, but capital inflows and RBI actions aim to mitigate the impact. The India-UK trade deal is a long-term positive.

United Kingdom — Monetary Policy Committee: The MPC is expected to maintain a status quo on interest rates, mirroring the Fed's stance, as it navigates geopolitical uncertainty.

United Kingdom — Monetary Policy Committee: The United Kingdom — Monetary Policy Committee, headed by the State Bank of India Governor, is responsible for determining the policy rate to achieve the inflation target.