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Global Business News

The Economic Times

Global Business / The Economic Times

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West Asia war, rain deficit can hike inflation, drag India's growth: Finmin

India's economy faces significant challenges from the West Asia war and a predicted weak monsoon. These factors threaten to increase inflation and deficits while slowing growth. However, strong domestic demand, policy reserves, and public investment are expected to provide stability.

30 Apr 2026 5:30 am