India's economic future is more closely aligned with Western economies than with emerging-market blocs such as BRICS, according to Trinh Nguyen, Senior Economist for Emerging Markets at Natixis. Her argument rests on the structure of trade, comparative advantage, and the basis for India's ex
The defining moment of this shift is the 2026 conclusion of the India-EU Free Trade Agreement, described as a "mother of all deals," marking a move away from inward-looking policies toward deep integration with key Western economies.
External Affairs Minister S Jaishankar warned that the US and Europe could become "net losers" if they restrict skilled immigration. Speaking in New Delhi, he said Western concerns stem from past policy choices and stressed that global talent mobility brings mutual benefits, especially as
The consumer food price index (CFPI) in India moderated to 4.79 per cent in March this year, down from 5.95 per cent in February and 7.68 per cent in March 2022
Certain methods used by Western economies during the Covid-19 pandemic caused global economic stress as an after-effect, said Union finance minister Nirmala Sitharaman on Sunday.
The positive outlook for 2023 is despite concerns emanating from the global slowdown and a possible recession in the Western economies due to the unwinding of monetary policy by central banks.