Middle East conflict raises near-term risks for India but long-term growth outlook remains strong: RBI MPC member
The ongoing conflict in the Middle East could pose short-term challenges for the Indian economy by pushing up oil prices and disrupting trade flows, though the country’s long-term growth trajectory is unlikely to be significantly affected, according to Nagesh Kumar, an external member of the Reserve Bank of India’s Monetary Policy Committee (MPC).In an emailed…
