India’s External Shock Is an Economic Opportunity
https://www.project-syndicate.org/commentary/india-response-to-iran-energy-shock-by-gaurav-dalmia-1-and-chetan-aggarwal-2026-05
Despite strong fundamentals, India’s economy has major vulnerabilities stemming from its external account. With energy flows contested, shipping routes under threat, and capital markets increasingly shaped by geopolitics, the country must leverage its relative strength to weather current shocks and build long-term resilience.
https://www.project-syndicate.org/commentary/india-response-to-iran-energy-shock-by-gaurav-dalmia-1-and-chetan-aggarwal-2026-05
Despite strong fundamentals, India’s economy has major vulnerabilities stemming from its external account. With energy flows contested, shipping routes under threat, and capital markets increasingly shaped by geopolitics, the country must leverage its relative strength to weather current shocks and build long-term resilience.
India’s Unfinished Reform Agenda
https://www.project-syndicate.org/commentary/energy-climate-trade-shocks-should-push-india-to-finish-implementing-reform-agenda-by-shishir-gupta-2026-06
Elevated oil prices, potentially strong El Niño conditions during the monsoon season, and the tariff-induced fragmentation of global trade are bearing down on the Indian economy and will likely be a drag on GDP growth. But these adverse conditions may be a blessing in disguise if they force India to complete its economic reform agenda.
https://www.project-syndicate.org/commentary/energy-climate-trade-shocks-should-push-india-to-finish-implementing-reform-agenda-by-shishir-gupta-2026-06
Elevated oil prices, potentially strong El Niño conditions during the monsoon season, and the tariff-induced fragmentation of global trade are bearing down on the Indian economy and will likely be a drag on GDP growth. But these adverse conditions may be a blessing in disguise if they force India to complete its economic reform agenda.