Raghuram Rajan emphasizes India's need for larger strategic oil reserves and diversified import/export markets due to global economic shocks from trade disruptions and geopolitical tensions. He also highlights the rupee's depreciation linked to low foreign investment and urges a long-term view on critical commodity exposure.
The US economy has shown remarkable resilience, outperforming peers despite global shocks like trade tariffs and Middle East conflict. Factors contributing to this include a dynamic economy, increased productivity, and the shale revolution's impact on energy independence, contrasting with Europe's more risk-averse approach.
BJP IT cell chief Amit Malviya dismissed Rahul Gandhi's warning of an 'economic tsunami' for India, citing strong economic indicators and government measures. Malviya argued India is resilient amid Middle East tensions, contrasting current strength with the UPA era.
Global food production faces significant disruption from the Iran war and El Niño, threatening UK food security. Experts warn the UK's reliance on global markets and its vulnerable domestic system require an overhaul to ensure resilience against climate change and geopolitical shocks.
In its latest study on emerging-market sovereigns, the agency notes that India has ranked among the more resilient economies since 2020, based on multiple indicators such as sovereign bond spreads, domestic yield movements, and exchange-rate stability.
