Rahul Gandhi Warns Of Inflation Wave Amid Rupee Fall, Slams Modi Govt Over Strategy

Rahul Gandhi has raised concerns over a possible spike in inflation, warning that a weakening rupee and surging fuel prices could soon impact households across India. Reacting to the rupee’s sharp fall to a record low against the US dollar, he said the currency’s slide towards the 100 mark is a worrying sign. The warning comes amid rising crude oil prices driven by escalating tensions between the United States, Israel and Iran. Experts believe sustained pressure on the rupee and higher energy costs may push up inflation, affecting daily expenses, transport costs and overall economic stability in the near term.