India Economy
US-Iran War Impact: ADB Warns India May Face Inflation Shock Soon
ADB says prolonged Middle East tensions could push crude oil prices higher, reduce India’s GDP growth, and sharply increase inflation in the coming financial year.
RBI Holds Rates Steady as West Asia Tensions Trigger Inflation Concerns
Minutes from the Reserve Bank of India’s April policy meeting reveal growing worries over rising crude oil prices, supply disruptions, and geopolitical tensions in West Asia, prompting policymakers to maintain a cautious stance despite strong domestic demand.
