India's economy faces near-term challenges. Supply issues and weather create uncertainty. Geopolitical events in West Asia could impact domestic prices. Despite these concerns, domestic demand remains strong. The Reserve Bank of India is monitoring inflation closely. Robust exports and policy measures offer support against external risks.

RBI reports strong domestic demand driving growth, but supply issues and geopolitical tensions cloud the economic outlook.

Mumbai, May 22 (PTI) The financial conditions, crude oil prices, and capital flows continue to pose challenges to the external sector outlook amid the West Asia conflict, Reserve…