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FinMin Flags Oil, Inflation, Monsoon Risks in Economic Report
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New Delhi: The Finance Ministry's Monthly Economic Review for May 2026 stated that the ongoing disruption in the Strait of Hormuz remains the most significant risk to India's external trade and inflation outlook. The ministry warned that if this disruption to energy supplies continues for a prolonged period, it could increase inflationary pressures in the country and impact economic growth. The Strait of Hormuz is considered a major route for gl…
FinMin flags Oil, inflation, monsoon risks in economic report
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