India's central bank holds benchmark policy rates as Iran war raises inflation risks

India's monetary authority maintains its current interest rate stance amid escalating geopolitical tensions in the Middle East. The decision reflects a delicate balancing act between supporting economic growth and managing inflationary pressures stemming from potential oil price increases and supply chain disruptions. Policymakers face mounting challenges as energy costs surge, potentially impacting both consumer prices and industrial activity across Asia's third-largest economy.