India's economic "Goldilocks moment" is shifting as the RBI raises its inflation forecast and lowers growth projections due to external shocks like the West Asia conflict and elevated oil prices. Despite these headwinds, the central bank believes strong domestic fundamentals, including resilient consumption and investment, will help cushion the blow.

The Reserve Bank of India faces a difficult interest-rate decision this week as rising oil prices from the Iran conflict, a record-low rupee and a weak monsoon threaten to slow…

India's central bank, the RBI, confronts a new inflation challenge. Rising oil prices and supply disruptions threaten to undo recent progress. Policymakers are now considering a…