Has the Indian economy already weathered the worst of the global turmoil, or is the biggest challenge still ahead?
In this exclusive NDTV interview, Chief Economic Adviser V. Anantha Nageswaran discusses India's growth outlook amid geopolitical tensions, volatile energy markets, inflation concerns, and the threat of a potential Super El Niño.
Responding to questions on whether the economic slowdown is yet to fully play out, Nageswaran explains why he is beginning to feel more optimistic than he was just a few months ago. He points to stabilizing oil prices, falling fertiliser costs, government policy measures, and India's past resilience during global crises as reasons for cautious confidence.