Global investors joke that India’s Finance Minister is oil prices: Ex-MoS
Ex-Union Minister of State for Finance Jayant Sinha said global oil prices now have a greater influence on India's economy than the monsoon. Referring to an old joke that "India's finance minister is the monsoon," he noted global investors now jokingly say, "India's finance minister is oil prices." His remarks come amid volatile crude prices driven by the US-Iran war.