India's economy could be at a 1991-like inflection point amid global supply shocks

The Economic Times reports Chief Economic Adviser V. Anantha Nageswaran said 2025-26 could mark an economic inflection point comparable to 1991, though not a balance-of-payments crisis. It says reliance on imported crude oil leaves India vulnerable to international energy prices. A post relaying his remarks says he warned supply shortages could disrupt output and inflation, making monetary policy harder over the next 30 years.