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RBI: Heatwaves, geopolitical tensions may stoke inflation

IndiaTimes Tuesday, 23 April 2024 ()
According to Tuesday's state of the economy report by the RBI, extreme weather events and persistent geopolitical tensions may contribute to inflation risks, while also potentially causing fluctuations in crude oil prices. The report highlighted a positive trend in real GDP growth, supported by robust investment demand and optimistic sentiments among businesses and consumers.
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