India is facing uncertainty over foreign exchange and crude oil and fertiliser prices, as well as a shortfall of rains this year, Finance Minister Nirmala Sitharaman said on Monday.

India's retail inflation rises to 3.93% in May, prompting expert warnings of further economic pressure amid global conflicts.

Gold and silver prices decline, while weather patterns and agricultural imports shift amid India's monsoon challenges and global market changes.

Indian 10-year bond yields drop to a 12-week low as falling oil prices boost foreign investment amid US-Iran deal.

Imports, too, grew 20.62% to $73.41 billion in May, leaving a trade deficit of $28.21 billion.