The Indian finance ministry has stated that economic activities in the second quarter of this fiscal year are progressing well, following the momentum seen in the previous quarter. However, it has expressed concerns about the recent increase in global crude oil prices. The report also highlights the potential risks of a stock market correction and geopolitical developments on investment sentiment in the second half of the financial year. Despite these risks, the ministry remains optimistic due to positive factors such as corporate profitability, private sector investment, and bank credit growth.