Track 06Module 5 of 53 sources
India's position: neighbours, energy security and trade
Track the foreign-policy issues that reach Indian markets: borders, energy sourcing and trade deals.
Key ideas
- India balances relationships with the US, Russia and the Gulf. That balance shows up in crude sourcing and defence purchases.
- Border tension produces short, sharp risk-off moves in Indian equities that have tended to reverse unless they escalate.
- Trade agreements and tariffs matter most for export sectors: IT services, pharmaceuticals, textiles and auto components.
- Supply chains moving out of China are a multi-year tailwind for Indian manufacturing, and progress is uneven by sector.
Start hereWatch or read these first. They carry the core idea.
Site
Observer Research Foundation
ORF
India's leading foreign policy think tank. Read the short expert commentaries.
CoreThe standard references. Work through them once the idea is clear.
Site
Indianomics | World Bank Executive Director Neelkanth Mishra On India's Economy & Market Outlook
Video · CNBC-TV18 · 23:51
India's growth outlook in a global context.
Practice
For the latest India trade or tariff headline, name the two sectors most exposed and check their one-month performance against the Nifty.
See it live
Where this leads
05.4 · Macro and LiquidityIndia macro: the RBI, the rupee, crude and external balancesFollow Indian monetary policy and the external accounts well enough to anticipate their effect on sectors.04.5 · Investing and ValuationInvesting in India: sectors, data and where to lookBuild a working research kit for Indian equities and understand what drives each major sector.