Leader of Opposition Rahul Gandhi on Saturday warned that India could be headed for a fresh wave of inflation, linking it to the weakening rupee and rising fuel costs amid the US-Israel war on Iran.
“The rupee weakening against the dollar and heading towards 100, along with a sharp rise in industrial fuel prices — these aren’t just numbers; they’re clear signals of the inflation to come,” he wrote on X.
His remarks came a day after the rupee plunged 64 paise to close at an…