The Ministry of Finance has expressed concern over rising inflation and global uncertainties such as the Middle East war and crude oil price hikes. Wholesale inflation reached an 8.30% high in April, the highest in 3.5 years, posing a risk to retail inflation. While India's domestic economy remains resilient, the ministry emphasized the need for cautious fiscal and structural policies to mitigate external risks before the upcoming RBI monetary policy review on June 5th. https://sambad.in/india-and-beyond/the-finance-ministry-is-facing-a-severe-financial-crisis-11891251 #creator program