West Asia conflict poses challenges to Indian economy via number of channels: RBI’s Malhotra in MPC minutes

The influence of the West Asia war on the Indian financial system dominated discourses on the last Financial Protection Committee (MPC) meeting (April 6-8) with all participants expressing serious arena, minutes of the MPC meeting released on Tuesday indicated.

Nonetheless, the ceasefire announced by U.S. President Donald Trump on April 7 perchance introduced transient reduction as all six participants had unanimously voted for a effect quo on April 8.