Reserve Bank of India (RBI) Governor Sanjay Malhotra speaks on India’s GDP growth and the impact of West Asia’s tension on essential commodities, in New Delhi on Wednesday (April 8, 2026).
| Photo Credit: ANI
Despite the unprecedented geopolitical disturbances in West Asia and supply chain disruptions as well as its resultant impact on the global economy, Reserve Bank of India Governor Sanjay Malhotra on Thursday (April 8, 2026) said the fundamentals of the Indian economy remained on a stronger footing at the current juncture than in previous crisis episodes providing it with ‘greater resilience to withstand shocks’.
However, Mr Malhotra noted that elevated crude oil prices could increase imported inflation and widen the current account deficit.
Published – April 09, 2026 07:24 am IST
Source: https://www.thehindu.com/business/elevated-crude-prices-to-increase-imported-inflation-widen-cad-malhotra/article70839020.ece
