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West Asia crisis could pose headwinds to growth, inflation in the short run: RBI Annual Report
The Reserve Bank of India on Thursday said the West Asia conflict and risks such as higher energy prices, supply chain disruptions, financial market volatility, global trade uncertainty and weather disruptions could affect growth and inflation in the short term. However, India’s growth outlook remains positive, it said. Considering various factors, and on the assumption that the adverse impact of the West Asia conflict would remain contained in the near-term, real GDP growth for 2026-27 is projected at 6.9 per cent with risks tilted to the downside, the RBI said in its Annual Report for 2025-26. [...]