‘Markets resilient despite global uncertainty’
[ad_1] Finance minister Nirmala Sitharaman (File photo) MUMBAI: FM Nirmala Sitharaman on Thursday said the ongoing trade recalibrations around the world were worrisome but India would navigate these global disruptions with policy agility. The FM said that the tariff war posed risks for India and the country was not immune to it, however, she was confident India's resilient economy would be able to sail through it.Sitharaman was speaking at the 150th-year celebration of the BSE, the oldest stock exchange in Asia, here. Ongoing tariff wars and the rise of protectionist policies can potentially disrupt global supply chains, increase production costs, and create uncertainty in investment decisions across borders. However, India would navigate these global disruptions with policy agility and long-term vision, she said."Our focus remains firmly on building a robust domestic foundation - laid and strengthened through infrastructure development, inclusive […]