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CEA flags US ties, energy prices and lack of AI presence as near-term headwinds
The brief
- CEA V Anantha Nageswaran cited unsettled US relations, energy prices and the absence of a significant AI play
- The concerns were described as near-term headwinds for India’s economy
- Energy costs and US trade ties affect Indian exporters, while limited AI exposure could weigh on technology-sector prospects
- CEA Nageswaran says global disinflation is over, India needs 6-9 month oil buffer
- India may not have got same FCNR(B) inflows if deposits were raised now: CEA
- India’s external pressures persist despite forex swap inflows, says Nageswaran
- BoP pressure likely to remain a challenge: CEA V Anantha Nageswaran
CEA warns of external economic headwinds
Chief Economic Adviser V. Anantha Nageswaran cited unsettled US ties, higher energy prices and India’s limited AI presence as economic headwinds. He said India cannot afford to choose between competing blocs and should build buffers and partnerships.
Friday, 25 September
- CEA flags US ties, energy prices and lack of AI presence as near-term headwinds