India will handle the challenges that come to global affairs with its right policies and investment: finance minister

Mumbai, April 17 (IANS). Finance Minister Nirmala Sitharaman said Thursday that India will deal with the challenges in world trade through its right policies and long -term investment. The ceremony arranged at the completion of 150 years of Bombay Stock Exchange (BSE), the finance minister said that the increase in tariff war and protectionism is expected to be revolution in the global supply chain. This will increase production costs and cause uncertainty in investment decisions around the world. He further said that the strong economic base and stability of India has emerged amid global fluctuations, uncertainty. Sitharaman said: “We provide a mix of policy stability and development, management and innovation to investors.” The finance minister further said: “We will handle global fluctuations of the right policy and long -term investment.” Sitharaman also said that the financial markets of India, despite recent global uncertainties, have shown strength, reflecting the confidence in the retail investor markets. After announcing tariff growth by the US, Indian markets had more stability than other markets after the revolution in stock markets around the world. Currently, the recipe crocal tariff growth has been postponed by President Donald Trump for 90 days amid bilateral trade discussions between India and the US. The first phase of the bilateral trade agreement between India and the US is expected to be completed by the Donald Trump administration within the 90-day rate period. Trade Minister Sunil Barthwal told reporters this week: “India has decided to follow the path of trade liberalization with the US.” He said that if the trade agreement was completed before the end of 2025, both India and America would benefit. According to senior officials, the terms of the agreement are finalized and further interactions will be held mainly by video conferencing. However, if necessary, Indian officials can visit Washington or US officials to Delhi. -Ians ABS/ Share This Story Tags