Ukraine, spiralling crude headwinds to financial stability: Sitharaman

Finance minister Nirmala Sitharaman on Tuesday said the emerging situation in Ukraine coupled with the spiralling crude prices are headwinds to the financial stability. Addressing the media after her two day post-budget interactions in Mumbai on Tuesday, FM said that the FSDC meeting agreed that crude and the 'international worrisome situation' pose challenges to the domestic financial stability. "Crude is one of the very important considerations. We will keep a watch," Sitharaman said.