India Warns: Global Risks Threaten High Economic Growth and Investment

India's Ministry of Finance warned that geopolitical tensions, oil price volatility, and disruptions to global trade and supply chains pose risks to the country's strong economic growth. The ministry expects growth to remain resilient, forecasting a 7.3% expansion in the quarter ending in September, even as external pressures are transmitting to financial markets. The ministry called for advancing reforms to sustain higher growth and attract investment, saying "India must focus on building a more competition-friendly economic environment, rather than merely one that benefits businesses."