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● Neutral for Indian equities
Indian economy demonstrates resilience despite increased volatility amid re-escalating tensions in West Asia: RBI
The brief
- RBI said the Indian economy demonstrates resilience amid rising energy prices and increased volatility
- The September bulletin cited re-escalating tensions in West Asia
- Trump says US will win Iran war soon; does not rule out strikes before midterms
- Gold, Silver Face Another Choppy Spell This Week As US Data, West Asia Tensions Take Centre Stage: Analysts
- Bullion may stay volatile as US data, W Asia tensions take focus: Analysts
- Iran's army voices readiness for potential renewed US attack
- Russian crude supplies enabled India to cushion against oil supply shocks caused by West Asian war: Deputy FM