India Faces Macroeconomic Headwinds as CEA Warns of Rising Current Account Deficit
Economic Outlook Amidst Rising Oil Volatility India’s Chief Economic Adviser (CEA) issued a stark warning this week, characterizing the recent surge in global oil prices as a significant “price shock” that threatens to destabilize the nation’s macroeconomic stability through the 2027 fiscal year. The government official underscored that the current volatility is not a result…