By Admin 
RBI Warning of Inflation: The war between Iran and the US, which started in February, is still going on. Due to this war, crude oil prices are continuously increasing globally. Which is also affecting India’s economy and inflation. Meanwhile, RBI has also warned that if this war continues like this, then the day is not far when second round of inflation will come in India.
Prices of petrol and diesel may increase
Reserve Bank of India (RBI) says that the longer the ongoing tension in West Middle East continues, the more pressure will increase on energy prices, trade deficit and rupee. Due to this war, crude oil and petrol and diesel are becoming expensive at the global level. Due to this, the prices of petrol, diesel and gas may increase even more in India.
Also read: SBI issued advisory for customers, told what to do and what not to do during the two-day strike.
impact on inflation
RBI has said that if the West Asia crisis continues like this for a long time, then the second round of inflation may increase, that is, everything from transport to food can become expensive. Not only this, it can also affect the supply chain. Due to the war, sea routes and supply chains are being affected. Due to this, delivery and import-export of goods can become expensive.
stock market and investment
Foreign investors can withdraw money if global tensions increase. This may increase fluctuations in the stock market. India’s average growth between 2021-25 was 8.2%. RBI has also estimated growth of about 6.9% for 2026-27. Currently, inflation in India is under control at around 4% but the danger may increase due to oil crisis. India has foreign exchange reserves equal to about 11 months of imports, so there is no immediate major economic threat.
Also read: RBI’s gift to the Centre, approved dividend of Rs 2.87 lakh crore amid rising crude oil prices.