Middle East conflict poses near-term challenges to Indian economy: RBI MPC member
Synopsis Middle East conflict presents short-term challenges for India’s economy, including oil price hikes and export disruptions, but is unlikely to derail long-term growth. An RBI panel member highlighted the need for coordinated fiscal and monetary policies to achieve an 8% GDP growth trajectory, supported by manufacturing and services. Inflation remains benign, offering a ‘Goldilocks’ […]
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