DBS Bank raised India's growth forecast while the Finance Ministry assessed external pressures from the West Asia conflict.

The entities involved

• DBS Bank →

  multinational banking and financial services company based in Singapore

  • Radhika Rao is a Senior Economist at DBS Bank.Sun 07:24
• finance ministry →

  type of ministry responsible for government finances and economic policy

  • Estonian Parliament approved major tax and budget laws while the government managed its fiscal strategy and budget.Mon 15:24
  • Erdoğan chairs meetings involving various ministries to review a fund crisis, the PKK process, and Russia-Ukraine war developments.Mon 13:57
• West Asia →

  western region of Asia

  • A high-level review on pollution was held in Delhi after the West Asia situation caused a bitumen supply disruption, affecting operational bodies like the DJB and Metro Corporation.Mon 17:25
  • Financial institutions noted weak demand and revenue headwinds for Accenture due to West Asia conflict disruptions.Mon 15:16

Related events

• RBI sets inflation targets for India as the West Asia conflict pushes inflation higher, impacting the financial sector.Aug 5
• RBI manages policy based on domestic inflation and growth, noting that easing West Asia tensions and lower Brent crude prices are easing inflationary pressures for India.Jun 19
• Conflict drives up crude prices affecting local economy, while RBI monitors potential Fed rate hike signals.Sep 7
• The Reserve Bank of India's actions, including rate cuts, are being influenced by global economic pressures stemming from the West Asia conflict and the potential impacts of El Niño on agriculture.Jun 10
• Conflict in West Asia is driving up oil prices, leading to increased costs and broader inflation pressures across India.Sep 15