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‘Coming quarters going to be very difficult’: Finance Ministry official explains how Iran US war affects India’s FY26 budget

Posted on May 1, 2026
By Financial Express
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1 min read

‘Coming quarters going to be very difficult’: Finance Ministry official explains how Iran US war affects India’s FY26 budget

Finance Ministry warns Iran-US war may strain India’s FY26 budget, with rising subsidies, oil-linked costs, and growing uncertainty putting pressure on fiscal stability.