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India's economy is robust in a world that is uncertain and difficult, and multiple indicators show that the country is in a stable and strong position, Tata Sons Chairman N Chandrasekaran said on Monday and highlighted that energy security, advanced manufacturing jobs and investment in human capital are "critical" for sustaining long-term growth. He noted that the Viksit Bharat 2047 vision has percolated across multiple aspects of the country. Delivering on the vision, he said, will require inclusive and sustainable development, built on world-class infrastructure, institutions and intellectual property. "... All three will be critical," he said, addressing the Indian Foundation for Quality Management (IFQM) Symposium 2026. Chandrasekaran -- who was recently handed his third five-year term at the helm as Tata Sons Chairman amid an intense boardroom battle-- further said the Indian economy is doing very well and, over the last several years, has consistently exceeded expectations by
Reserve Bank Governor Sanjay Malhotra on Saturday said the resilience of the financial system today should not be taken as a guarantee against future vulnerabilities and called for continued vigilance to safeguard financial stability. Speaking at the Kautilya Economic Conclave here, he outlined five priorities for policymakers, stressing that financial stability should focus not on preventing shocks but on strengthening the financial system's ability to withstand and contain their impact. "Today's resilience may not necessarily imply tomorrow's immunity, and we are committed to remain vigilant of emerging vulnerabilities and continue to keep our financial system strong and resilient," he said, highlighting the resilience of the financial system supported by healthy balance sheets of banks and NBFCs. He said shocks, whether endogenous or exogenous, are inevitable and the objective should be to build a financial system capable of providing financial services even under severe ...
Principal Secretary to the prime minister, P K Mishra, on Saturday said export restrictions, sanctions and tariffs become instruments of economic policy and they are sometimes even weaponised. The top government functionary also said that wars disrupt energy and food markets while shipping routes and geographical choke points become sources of economic vulnerability. Addressing the Kautilya Economic Conclave on the subject 'A World Priced for Risk', he said India is a major energy importer, and any prolonged disruption to an important maritime route can affect the economy adversely. India's response, therefore, has combined several layers of protection. "For energy security, the disruption around the Strait of Hormuz has been a particularly clear reminder of how geography can translate into economic risk," he said. Without mentioning any country, the top official said export restrictions, sanctions and tariffs become instruments of economic policy, sometimes they are even ...