India is struggling to contain the economic fallout from soaring oil prices, with higher inflation, weaker growth, and pressure on the rupee complicating the outlook.

India's economy, once humming with benign inflation and steady growth, now faces mounting costs from the Iran war. As a major oil importer, disruptions to supply and elevated…

India is struggling to contain the economic fallout from soaring oil prices, with higher inflation, weaker growth, and pressure on the rupee complicating the outlook.