Reserve Bank of India held rates steady, choosing caution amid geopolitical uncertainty and evolving global conditions
Pre-conflict inflation remained moderate, giving policymakers room to wait despite risks from rising energy prices
A temporary pause in hostilities has stabilised oil prices and financial markets, though uncertainty remains high
RBI projects slower growth this year, with external shocks and monsoon risks adding to economic uncertainty
Future price trends hinge on oil movements and global developments, with risks of renewed inflationary pressures
Clearer communication and regulatory simplification aim to reduce uncertainty and improve the business environment