US-Iran thaw to provide tailwinds for growth: RBI
Synopsis India's economic growth could get a boost from the Iran-US peace deal, according to the Reserve Bank's latest report. While the economy shows resilience
Synopsis India's economic growth could get a boost from the Iran-US peace deal, according to the Reserve Bank's latest report. While the economy shows resilience, elevated commodity prices and a weaker global outlook pose risks. The central bank also flagged potential pressure on the fiscal deficit due to higher energy costs and subsidies. Despite these challenges, measures to support MSMEs and exports are expected to help sustain economic activity.
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