RBI turns upbeat as worst of Iran war shock recedes
- Posted on August 13, 2026
- By Business News Today
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- 1 min read
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RBI turns upbeat as worst of Iran war shock recedes
Indias economy is showing resilience five months after the Iran war sparked fears of inflation and a downturn. Inflation remains within the RBIs tolerance band, while vehicle sales, credit growth and GST receipts point to firm demand. Strong corporate balance sheets and festive-season spending are further bolstering optimism despite renewed oil and currency risks.