term vision, India could turn turmoil into triumph
Published on: May 14, 2026, 11:31 p.m. | Source: The Economic Times
India confronts an economic crisis driven by global events. Import duties on gold and silver are an initial step. Policymakers warn of crunch time. The nation's reliance on imported crude oil is a key vulnerability. Capital outflows and trade disruptions are impacting the currency. The Reserve Bank of India must prioritize financial stability. Interest rates may need to rise.
