Elevated crude prices to increase imported inflation, widen CAD: Malhotra
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Reserve Bank of India Governor Sanjay Malhotra stated that India's economy is resilient despite global disturbances. However, elevated crude oil prices may increase imported inflation and widen the current account deficit.
The Indian economy remains strong despite global disruptions. Elevated crude oil prices are a concern, potentially increasing imported inflation and widening the current account deficit. Reserve Bank of India Governor Sanjay Malhotra made these comments on April 8, 2026. The current account deficit may be affected by high crude prices. India's economy has shown resilience in the face of global challenges.
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