Global Statistics

All countries
704,753,890
Confirmed
Updated on June 22, 2024 5:59 pm
All countries
560,567,666
Recovered
Updated on June 22, 2024 5:59 pm
All countries
7,010,681
Deaths
Updated on June 22, 2024 5:59 pm

Global Statistics

All countries
704,753,890
Confirmed
Updated on June 22, 2024 5:59 pm
All countries
560,567,666
Recovered
Updated on June 22, 2024 5:59 pm
All countries
7,010,681
Deaths
Updated on June 22, 2024 5:59 pm
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Impact of climate shocks can make management of inflation difficult: RBI

The Reserve Bank of India has highlighted the challenges in measuring and managing inflation due to climate-related shocks and uncertainties. In a statement, the bank emphasized the need for collective action from all stakeholders to safeguard the economy from these risks.

According to the RBI, climate change jeopardizes a nation’s long-term growth and prosperity, posing significant threats to monetary stability, economic growth, financial stability, and the safety of regulated entities. These challenges underscore the importance of coordinated efforts to address the impact of climate change on the economy.

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