Six takeaways from RBI’s monetary policy statement
Updated : August 01, 2018 06:14 PM IST
Domestic economic activity has continued to sustain momentum and the output gap has virtually closed.
Rising trade protectionism poses a grave risk to near-term and long-term global growth prospects by adversely impacting investment, disrupting global supply chains and hampering productivity.
Geopolitical tensions and elevated oil prices continue to be the other sources of risk to global growth.