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Below the Perspective on Indian economy by Mr Shrey Jain, Founder and CEO SAS Online - India's Deep Discount Broker

Despite concerns surrounding the recessions in the UK and Japan, I believe their impact on the Indian economy is minimal, as India's reliance on trade with these nations is limited. However, India's economy is not immune to global challenges. A surge in global commodity prices could fuel inflation and curb domestic spending, while a downturn in global services may ripple through sectors such as IT and tourism in India.

In such a scenario, India's economic path will depend on its policy response. Proactive measures such as infrastructure spending, export promotion, and targeted domestic stimulus can help mitigate the impact of the external slowdown.

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