On global tensions and India’s economy
In an economy that imports more than four-fifths of its crude oil, external shocks transmitted through energy prices, shipping route, and volatile commodity markets can significantly reshape fiscal arithmetic. In this context, India must rebalance toward income-led demand, more resilient revenue bases and greater energy diversification
In an economy that imports more than four-fifths of its crude oil, external shocks transmitted through energy prices, shipping route, and volatile commodity markets can significantly reshape fiscal arithmetic. In this context, India must rebalance toward income-led demand, more resilient revenue bases and greater energy diversification
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