New Delhi, June 5 -- India's headline Consumer Price Index (CPI) inflation is projected at 5.1 per cent for the financial year 2026-27, marking an upward revision of approximately 50 basis points from earlier estimates. The revised trajectory comes on the back of rising global crude oil prices and escalating industrial input costs, which are expected to exert upward pressure on domestic consumer prices in the coming months.

According to the Monetary Policy Statement by Sanjay Malhotra, Governor, RBI, the domestic inflation trajectory faces immediate pressure from the energy sector. International crude oil prices for the Indian basket averaged around USD 110 per barrel over the past two months, significantly exceeding the USD 85 per barre...