RBI turns upbeat as worst of Iran war shock recedes
India’s economy is showing resilience five months after the Iran war sparked fears of inflation and a downturn. Inflation remains within the RBI’s tolerance band, while vehicle sales, credit growth and GST receipts point to firm demand. Strong corporate balance sheets and festive-season spending are further bolstering optimism despite renewed oil and currency risks.
We haven't written up this one. The Economic Times - Economy has the full story — the link below goes straight to it.
