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RBI warns West Asia conflict could swing inflation and growth — but holds fire for now
Economy
Published on 24 April 2026
A wait and watch stance as El Nino adds risk
RBI’s Monetary Policy Committee said a longer West Asia conflict could meaningfully affect India’s growth and inflation, even as the economy stays resilient. Instead of changing policy, it chose a wait-and-watch approach, citing heightened geopolitical uncertainty and a possible El Nino-driven inflation risk.
- RBI links West Asia conflict duration to growth and inflation risks
- Economy described as resilient despite external uncertainty
- MPC keeps a wait-and-watch stance on policy changes
- El Nino could further affect inflation outlook
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times