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India plans to widen fiscal deficit to 4.8% of GDP as Iran war drives fuel costs higher
India may widen its fiscal deficit to 4.8% of GDP due to rising fuel subsidies from the Iran war, marking its first deficit target miss since the pandemic.
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timesofindia.indiatimes.com
Oil shock to inflation risk: How Middle East war is reshaping India's economic outlook
Rising oil prices, higher fertiliser costs and supply disruptions linked to the Iran war are beginning to cloud India's economic outlook, with economists warning that prolonged…
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economictimes.indiatimes.com
Iran war fallout: Fuel use drops 6.5% in May; experts see warning signs for economy
India's demand for transportation fuels and petroleum products is declining due to supply disruptions and higher prices stemming from the Iran war. Total refined product…
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cryptobriefing.com
India may miss budget deficit target for first time since pandemic
India's fiscal deficit could reach 4.5% to 4.99% of GDP, missing its 4.3% target as the Iran conflict drives up energy costs and forces fuel tax cuts.
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India willing to let fiscal deficit widen to 4.8% of GDP: Report
India faces a larger budget deficit this year. The war in Iran is increasing energy subsidy costs. This puts pressure on government finances. Authorities may allow the deficit to…
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thehindubusinessline.com
India willing to let fiscal deficit widen to 4.8% of GDP, Bloomberg News reports
India plans to widen its fiscal deficit to 4.8% of GDP due to rising subsidy costs, Bloomberg News reports.
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oilprice.com
India Set to Miss Budget Deficit Target as Oil Shock Strains Public Finances | OilPrice.com
India may allow its fiscal deficit to widen beyond its budget target as soaring energy import costs from the Middle East supply crisis strain public finances and economic growth.
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newsbytesapp.com
India may widen fiscal deficit as US-Iran war strains finances
India may allow its fiscal deficit to widen to 4.8% of GDP, up from the 4.3% target, as rising energy subsidies strain government finances due to the Iran war.
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India plans to widen fiscal deficit to 4.8% of GDP as Iran war drives fuel costs higher
India may widen its fiscal deficit to 4.8% of GDP due to rising fuel subsidies from the Iran war, marking its first deficit target miss since the pandemic.