📷 Image: Wikimedia Commons / Vyacheslav Argenberg
Business
RBI Reports Stronger India as Iran Conflict Fails to Hit Consumer Demand
✍️ Moneycontrol.com
🗓 13 Aug 2026, 02:40 PM
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The RBI says India’s economy remains resilient, with consumer demand holding firm despite the ongoing Iran conflict.
The Reserve Bank of India (RBI) has stated that the Indian economy is showing resilience, with consumer demand remaining robust amid the ongoing conflict in Iran.
According to the RBI, retail sales and household spending have not shown significant decline, indicating that the domestic market is withstanding external pressures.
The central bank noted that supply chain disruptions and inflationary pressures linked to the Iran war have not materialised to a degree that would impact overall consumer confidence.
RBI officials remain optimistic about continued growth and have reiterated that monetary policy will stay accommodative to support the economy.
According to the RBI, retail sales and household spending have not shown significant decline, indicating that the domestic market is withstanding external pressures.
The central bank noted that supply chain disruptions and inflationary pressures linked to the Iran war have not materialised to a degree that would impact overall consumer confidence.
RBI officials remain optimistic about continued growth and have reiterated that monetary policy will stay accommodative to support the economy.