No effect of conflict with Pakistan on economy, parameters strong to do well globally: BJP spokesperson Gopal Krishna Agarwal
Pakistan
will have no negative impact on the Indian economy, the
BJP
on Friday said its size continues to grow at a fast rate and the economic parameters remain strong. BJP spokesperson Gopal Krishna Agarwal said the government led by Prime Minister Narendra Modi is committed to focussing on strengthening the economy.
He said
India
is doing well in all three measures needed for a country to do well globally -- robust economy, strong military capability and intense global engagement.
Be it inflation, fiscal consolidation or
forex reserves
, India is doing well on macroeconomic factors, while sustaining an exemplary welfare delivery model and expanding investment in infrastructure, the BJP spokesperson said.
Play Video
Pause
Skip Backward
Skip Forward
Unmute
Current Time
0:00
/
Duration
0:00
Loaded
:
0%
0:00
Stream Type
LIVE
Seek to live, currently behind live
LIVE
Remaining Time
-
0:00
1x
Playback Rate
Chapters
Chapters
Descriptions
descriptions off
, selected
Captions
captions settings
, opens captions settings dialog
captions off
, selected
Audio Track
default
, selected
Picture-in-Picture
Fullscreen
This is a modal window.
Beginning of dialog window. Escape will cancel and close the window.
Text
Color
White
Black
Red
Green
Blue
Yellow
Magenta
Cyan
Opacity
Opaque
Semi-Transparent
Text Background
Color
Black
White
Red
Green
Blue
Yellow
Magenta
Cyan
Opacity
Opaque
Semi-Transparent
Transparent
Caption Area Background
Color
Black
White
Red
Green
Blue
Yellow
Magenta
Cyan
Opacity
Transparent
Semi-Transparent
Opaque
Font Size
50%
75%
100%
125%
150%
175%
200%
300%
400%
Text Edge Style
None
Raised
Depressed
Uniform
Drop shadow
Font Family
Proportional Sans-Serif
Monospace Sans-Serif
Proportional Serif
Monospace Serif
Casual
Script
Small Caps
Reset
restore all settings to the default values
Done
Close Modal Dialog
End of dialog window.
Agarwal cited the recent positive reports of the RBI, besides that of
Fitch Ratings
and
Moody's
on the Indian economy to make his point.
India is well-positioned to deal with the negative effects of US tariffs and global trade disruptions as domestic growth drivers and low dependence on exports anchor the economy, Moody's Ratings said on Wednesday.
Live Events
In a note on India, the ratings agency said government initiatives to boost private consumption, expand manufacturing capacity and increase infrastructure spending will help offset the weakening outlook for global demand.
The RBI said that amid global trade realignments and industrial policy shifts, India is increasingly positioned to function as a "connector country" that can become a key intermediary in sectors such as technology, digital services and
pharmaceuticals
.
The BJP spokesperson said the Indian economy continues to do well despite geopolitical conflicts and the tariff war.
The recent conflict with Pakistan will have no negative impact on the economy, he said, adding that India's rise has rendered pace to the global
economic growth
as well.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
&w=3840&q=100)
Business Standard
35 minutes ago
- Business Standard
Minister Sonowal to inaugurate Bimstec ports conclave in Vizag on July 14
Union Minister Sarbananda Sonowal will inaugurate the second Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) ports conclave in Visakhapatnam on July 14. The two-day event, to be held until July 15, aims to enhance regional maritime cooperation under the BIMSTEC framework, said an official press release. "BIMSTEC enhances regional unity through maritime cooperation and trade connectivity, said T Venu Gopal, secretary, Visakhapatnam Port Authority. During his visit, the Union Minister of Ports, Shipping, and Waterways is also expected to inaugurate completed development projects and lay foundation stones for upcoming port infrastructure. Themed Navigating the Future: Blue Economy, Innovation & Sustainable Partnerships', the conclave will bring together ministerial delegations, port authorities, maritime experts, and business leaders from BIMSTEC member countries. Delegates from Bangladesh, Bhutan, Myanmar, Nepal, Sri Lanka, and Thailand have arrived, along with chairpersons and senior officials from major Indian ports, the release added. The event will feature keynote addresses by prominent BIMSTEC representatives, Indian officials, and technical experts, focusing on port infrastructure, innovation, and sustainable development. The conclave is expected to boost Visakhapatnam's position as a strategic maritime hub and strengthen BIMSTEC cooperation in shipping and logistics, Gopal added. (Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
Time of India
39 minutes ago
- Time of India
Ujjwal Nikam among four nominated to the Rajya Sabha
NEW DELHI: Prominent lawyer Ujjwal Nikam was among four distinguished individuals nominated to the Rajya Sabha by President Droupadi Murmu on Sunday, filling vacancies that had lingered for nearly a year. Nikam had made an unsuccessful bid for the Lok Sabha from Mumbai North Central in the 2024 elections as a BJP candidate, and his defeat had left many nationalists disheartened. Prime Minister Narendra Modi took to X to announce the nominations, which also included C. Sadanandan Master, a prominent RSS worker from Kerala, retired diplomat Harsh Vardhan Shringla and eminent historian Meenakshi Jain. Nikam, known for his relentless pursuit of justice in high-profile cases like the 1993 Mumbai serial bomb blasts and the 26/11 Mumbai terror attacks, had faced a bitter defeat last year. Despite his reputation as the man who secured the hanging of terrorists Ajmal Kasab and Yakub Memon, vote polarisation in his constituency had tipped the scales against him. In his X post, Prime Minister Modi praised Nikam's exemplary legal career, emphasising his role in strengthening justice and dignity for common citizens. 'Shri Ujjwal Nikam's devotion to the legal field and to our Constitution is exemplary. He has not only been a successful lawyer but also been at the forefront of seeking justice in important cases,' Modi wrote. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 5 Books Warren Buffett Wants You to Read In 2025 Blinkist: Warren Buffett's Reading List Undo Alongside Nikam, the nominations included C. Sadanandan Master, a senior RSS leader from Kerala, who lost both legs to a CPIM terrorist attack in 1994 and now walks with prosthetic limbs. The Prime Minister highlighted Master's nomination, calling it a 'tribute to the victims of Red Terrorism.' The third nominee, Harsh Vardhan Shringla, a seasoned diplomat, was also reported to be in consideration for the Lok Sabha polls by the BJP last year. Modi post lauded Shringla's contributions to India's global standing, particularly during his tenure as Foreign Secretary. Meenakshi Jain, an eminent historian, was recognised for her work in preserving India's cultural heritage, as noted in PM Modi's post. The four vacancies have been pending since the retirement of Rakesh Sinha, Ram Shakal Rajbhar, Sonal Mansingh, and Mahesh Jethmalani in July last year.
Time of India
an hour ago
- Time of India
Union Minister Sonowal to inaugurate BIMSTEC ports conclave in Vizag on July 14
Live Events (You can now subscribe to our (You can now subscribe to our Economic Times WhatsApp channel Union Minister Sarbananda Sonowal will inaugurate the second Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) ports conclave in Visakhapatnam on July two-day event, to be held until July 15, aims to enhance regional maritime cooperation under the BIMSTEC framework, said an official press release."BIMSTEC enhances regional unity through maritime cooperation and trade connectivity," said T Venu Gopal, secretary, Visakhapatnam Port his visit, the Union Minister of Ports, Shipping, and Waterways is also expected to inaugurate completed development projects and lay foundation stones for upcoming port 'Navigating the Future: Blue Economy , Innovation & Sustainable Partnerships', the conclave will bring together ministerial delegations, port authorities, maritime experts, and business leaders from BIMSTEC member from Bangladesh, Bhutan, Myanmar, Nepal, Sri Lanka, and Thailand have arrived, along with chairpersons and senior officials from major Indian ports, the release event will feature keynote addresses by prominent BIMSTEC representatives, Indian officials, and technical experts, focusing on port infrastructure, innovation, and sustainable development The conclave is expected to boost Visakhapatnam's position as a strategic maritime hub and strengthen BIMSTEC cooperation in shipping and logistics, Gopal added.
