India, June 6 -- India had entered the latest episode of global turbulence with stronger macroeconomic fundamentals than in previous crises, but warned that escalating geopolitical tensions, elevated commodity prices were clouding economic outlook - RBI Governor Sanjay Malhotra

The Reserve Bank of India (RBI) on Friday kept its benchmark repo rate unchanged at 5.25 per cent, as expected, and announced a raft of measures to attract foreign capital and support the rupee amid growing risks to growth and inflation from the prolonged West Asia conflict, elevated energy prices and global supply-chain disruptions.

To support the rupee, the measures included scrapping taxes on interest income and capital gains for eligible foreign investors in ...