India lifts growth forecast, yet fuel inflation still plans a roller‑coaster ride

India’s Ministry of Finance has nudged up its growth forecast for the current fiscal year, giving economists a modest reason to smile.

At the same time, the ministry cautioned that inflation – especially for fuel and energy – could still climb like a roller‑coaster, a risk amplified by continued instability in the Middle East.

The dual message is a reminder that while the growth outlook has brightened, the price of petrol may still keep policymakers on their toes.