Iran conflict may disrupt India’s fiscal math; LPG subsidy bill seen rising: ICRA
The report warned that even if tensions ease in the near term, energy prices may remain above the levels assumed in the Budget 2026, putting pressure on the government’s plan to keep the fiscal deficit at 4.5% of GDP.
The report warned that even if tensions ease in the near term, energy prices may remain above the levels assumed in the Budget 2026, putting pressure on the government’s plan to keep the fiscal deficit at 4.5% of GDP.
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