RBI policymakers acknowledged that a prolonged West Asia conflict poses risks to India’s economic growth and inflation, though the economy remains resilient. The monetary policy committee opted for a wait-and-watch approach due to geopolitical uncertainties and concerns over El Nino’s impact on inflation.
Defence, Power themes attract interest, but challenges persist: Anand Tandon
Equity markets have seen a rapid recovery, surprising many investors. Despite this rebound, concerns about high valuations and unresolved geopolitical tensions persist. Experts advise caution