- The Middle East crisis is impacting freight rates and imports, while El Nino is driving up electricity consumption in India.
- RBI manages inflation and monetary policy, threatening agricultural output and food prices due to El Nino.
The RBI Governor delivered the monetary policy statement on August 5th, noting El Niño as a key upside risk to inflation.
4 reports, 3 independent
Updated Aug 31
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What happened
The RBI Governor delivered the monetary policy statement on August 5th, noting El Niño as a key upside risk to inflation.
Who's involved
What this event is mainly aboutKeep exploring
The entities involved
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Reserve Bank of India
central bank of India
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El Niño
Spanish rap artist
Related events
- RBI tightens policy amid inflationary pressures, while S&P Global Ratings upgrades India's growth forecast, influenced by El Nino.
- The RBI maintained its neutral policy stance on June 6th, citing inflation risks and the potential impact of El Nino on agriculture.
- 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.
- The Bangko Sentral ng Pilipinas is considering the risks posed by El Niño in its monetary policy decisions for the Philippines.
- The Reserve Bank of India is concerned about the West Asia crisis and requires clarity on South's trade policy.