Indian central bank warns of rising inflation risks

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The South Asian nation’s regulator is taking a cautious approach amid the conflict in the Middle East India’s central bank has warned of rising inflation risks as part of the fallout from the Middle East conflict. The Reserve Bank of India (RBI) cautioned in its latest assessment that “upside risks have increased” on the inflation front. “Though inflation remains contained within the tolerance band, upside risks have increased, driven by supply-side disruptions, including weather-related

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