Prolonged West Asia conflict to raise energy costs, hit trade and markets: RBI’s State of the Economy article

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Prolonged West Asia conflict could raise India's energy costs, disrupt supply chains, and impact inflation and growth, according to RBI's State of Economy article. Higher input prices and financial market spillovers pose risks. RBI projects GDP growth declining to 6.9% in FY27 from 7.6% in FY26, with headline inflation averaging 4.6% currently.

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