Policy Briefs & Reports

Global Headwinds Affecting India

Rajiv Kumar, Sakshi Bhardwaj
Geetima Das Krishna

March 23, 2016

Volatility in global financial markets has increased significantly in recent months. This reflects several concerns including the likley delay in US Fed raising rates; flat consumenr spending and continued price weakness in Japan despite BOJ introducing negative interest rates; slowing growth in emerging markets specially China and Brazil; falling commodity prices, fresh fears about sustainability of Greece debt; and recession in Russia and Brazil.* The seminar discussed the impact of these global headwinds on India, with a particular focus on the slowing down in China.