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West Asia Conflict Poses Significant Economic Risks to India, Says RBI MPC Member
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Business·18 sa önceملخص الذكاء الاصطناعي

West Asia Conflict Poses Significant Economic Risks to India, Says RBI MPC Member

The West Asia conflict presents economic risks to India, including potential disruptions to oil and fertilizer imports via the Strait of Hormuz and reduced remittances from the Gulf. El Niño-induced monsoon failures also threaten agriculture. Despite these, India's strong foreign exchange reserves and fiscal space offer resilience.

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Economic Times