RBI Governor flags Iran war, weak monsoon as the biggest risks to India’s inflation and economic growth
· economictimes.indiatimes.com
Elevated inflation persists due to West Asian tensions and a weak monsoon outlook. The Reserve Bank of India maintains its policy rate, diverging from global peers. Governor Malhotra stated that domestic inflation pass-through has remained limited so far. India's economic fundamentals remain strong despite geopolitical uncertainties and growth forecasts. Policymakers will monitor inflationary pressures before considering any monetary policy adjustments.
Diverging from major peers
Fundamentals still strong
Inflation remains elevated in the country, with ongoing tensions in West Asia and prospects of a weak mon...