Mumbai, March 23 India needs to closely monitor the evolving situation in West Asia and take proactive measures to limit the impact of spillover effects, as the country is dependent on crude oil imports, the Reserve Bank's bulletin said on Monday.However, the March bulletin noted that India's...
crude oil imports
economic stabilisation fund
energy security
financialresources
foreign exchange reserves
gdp
geopolitical tensions
global markets
india
inflation
strait of hormuz
system liquidity
trade investigations
us import tariffs
west asia
RBI Bulletin Highlights Global Market Volatility, Economic Resilience of India
Mumbai, March 23, 2026 – The Reserve Bank of India (RBI) in its latest bulletin noted that the conflict in West Asiaand fresh US trade investigations have contributed to increased volatility in global markets...