RBI's state of economy report flags upside risks to inflation due to supply shock and weather uncertaintie

Apr 24, 2026 - 00:00
RBI's state of economy report flags upside risks to inflation due to supply shock and weather uncertaintie
The Reserve Bank of India's report highlights that disruptions in the Strait of Hormuz and domestic weather issues are increasing inflation risks. A prolonged West Asia conflict could trigger demand shocks and financial market turmoil, impacting energy costs and trade flows, though India's fundamentals remain strong.