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Tuesday, April 23, 2024

RBI: Heatwaves, geopolitical tensions may stoke inflation

According to Tuesday's state of the economy report by the RBI, extreme weather events and persistent geopolitical tensions may contribute to inflation risks, while also potentially causing fluctuations in crude oil prices. The report highlighted a positive trend in real GDP growth, supported by robust investment demand and optimistic sentiments among businesses and consumers.

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Investors to keep eye on US-China tariff war, Q4 earnings and inflation data in holiday-shortened week

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