Neutral impactEconomy

RBI flags rising inflation risks from West Asia conflict, El Nino despite resilient Indian economy

Economic Times 1 hr ago·23 Oct 2026, 3:54 pm

India's external sector shows resilience due to a narrowing trade gap and comfortable foreign exchange reserves. Inflationary pressures have intensified due to geopolitical tensions and supply-side bottlenecks. The RBI reported an increase in both industry and services indicators, showcasing economic strength. The IMF has revised India's growth projection for 2026-27 to 7% based on resilient domestic demand. Global financial volatility has increased amid global challenges and rising inflation ri

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  • Category: Economy.

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