https://www.taxtmi.com/news?id=47830 Volatile crude oil prices from a brief Israel-Iran conflict posed upside risks to India's growth and fiscal outlook, though recent price retreat has eased immediate threat; insurance costs and perceived risks to maritime choke points could still raise landed oil costs, necessitating continued monitoring. The ministry describes India's macroeconomic position as relatively balanced-subdued inflation, growth-supportive monetary policy, robust domestic demand and resilient external balances-and advocates targeted missions in agriculture, manufacturing, resources and technology plus deregulation and policy flexibility to sustain momentum amid geopolitical and trade headwinds. en-us Fri, 27 Jun 2025 20:31:03 +0530 Fri, 27 Jun 2025 20:31:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=47830 Volatile crude oil prices from a brief Israel-Iran conflict posed upside risks to India's growth and fiscal outlook, though recent price retreat has eased immediate threat; insurance costs and perceived risks to maritime choke points could still raise landed oil costs, necessitating continued monitoring. The ministry describes India's macroeconomic position as relatively balanced-subdued inflation, growth-supportive monetary policy, robust domestic demand and resilient external balances-and advocates targeted missions in agriculture, manufacturing, resources and technology plus deregulation and policy flexibility to sustain momentum amid geopolitical and trade headwinds. News - Fri, 27 Jun 2025 20:31:03 +0530 https://www.taxtmi.com/news?id=47830