Growth Amid Turmoil
Srinagar, Sept. 8 -- The world has been passing through a rough phase. Wars, oil shocks, trade rows, weak demand and high rates have hit major economies. Yet, India has shown a rare mix of calm and strength. Instead of waiting for the storm to pass, it used trade, reform and diplomacy to keep growth on track.The lesson is clear: in a troubled world, a strong economy is not built by isolation. It is built by having many doors open. India has widened its trade ties with key global markets. Free trade deals and wider economic partnerships have opened new space for Indian goods, services and firms. This has helped reduce the risk of depending on a few markets. When one route faces a block, another can still move. The oil shock was a key test....
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