The Union finance ministry warns of inflation risks due to rising fuel prices and global volatility, despite retail inflation staying within target limits. | India News

India's central bank warns the oil shock from the Strait of Hormuz closure threatens near-term growth and pushes inflation above 4.6% for 2026-27.

India's economy shows cautious resilience. Domestic strengths support the outlook despite global challenges. Manufacturing and services are growing. Labour markets are stable.…