Narendra Modi urged citizens to reduce consumption to preserve reserves amid economic strain caused by the Middle East conflict.
1 report, 1 independent
Updated Sep 4
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What happened
Narendra Modi urged citizens to reduce consumption to preserve reserves amid economic strain caused by the Middle East conflict.
Who's involved
What this event is mainly aboutKeep exploring
Part of
The geopolitical crisis in West Asia is contributing to uncertainty, forcing the central bank to allow the rupee to depreciate to absorb external economic pressures.Also in this story
- A new category of investment funds was launched amid war-led oil price rises and global uncertainty in West Asia.
- Rupee depreciation impacts startup ecosystem amid heightened geopolitical uncertainty in West Asia.
- The ongoing crisis is causing downside bias in GDP projections for the region.
The entities involved
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Narendra Modi
Prime Minister of India since 2014
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Middle East
geopolitical region encompassing Egypt and most of Western Asia, including Iran