Economy

RBI Policy Meeting April 2026 LIVE: Disruptions in Hormuz likely to impact growth this year, says Governor Sanjay Malhotra

Asia / India4 views1 min

The Reserve Bank of India has kept the repo rate unchanged at 5.25% due to heightened global uncertainty, largely driven by escalating tensions in West Asia. The ongoing conflict has disrupted critical energy supply routes, triggering a sharp spike in crude oil prices and impacting India's economy.

The Reserve Bank of India has kept the repo rate unchanged at 5.25%. The decision was made due to heightened global uncertainty, largely driven by escalating tensions in West Asia. The ongoing conflict has disrupted critical energy supply routes, particularly the Strait of Hormuz, triggering a sharp spike in crude oil prices. India relies heavily on imports for its energy needs, making it vulnerable to supply disruptions. Higher fuel costs are feeding into broader inflationary pressures and raising input costs across multiple sectors. The real GDP growth for last year is estimated to settle at 7.6%, but elevated energy prices and supply chain disruptions are likely to impact growth this year.

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