In its latest RBI Bulletin, the central bank said India’s financial system and external sector remain resilient despite global volatility and capital outflows. It reported that key external vulnerability indicators stayed contained, while foreign exchange reserves continued to look comfortable, even as global uncertainty remained elevated.
The petroleum ministry has rejected reports claiming petrol and diesel prices will rise by Rs 25–28 per litre. Officials called the story mischievous and misleading, pointing out that India has not seen fuel price hikes for the past four years. They said efforts continue to protect consumers from global volatility, particularly as tensions persist in the Middle East.
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