India’s growth story is still sound despite tensions with Pakistan

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Car drivers wander at a time when clouds gather over the city’s horizon in Mumbai on September 26, 2024.

Punit Paranjpe | AFP | Gety pictures

Shilback Amol, the country’s High Commissioner in Singapore, said India continues to focus on its growth despite tension in tensions with Pakistan.

Talk to CNBC’sInside IndiaAmbule said everyone is on my operational alert. But this does not mean that the story of India’s growth and focus on the economy is affected. “The airports have resumed operations, and it is safe to travel in India.

Ambule said the country has just concluded a trade deal with the United Kingdom, and that negotiations on commercial deals with the United States and the European Union were in an advanced stage.

He added that “it is very difficult to give a timetable” for commercial talks, but officials from both sides meet regularly. “The terms of the reference were agreed and signed, and negotiations are actively continuing.”

Investors stuck to the story of India, With optimism about the prospects for growth that stuck to geopolitical fears.

“Structural reforms, flexible domestic demand and strong total basics in submitting a convincing case,” Moit Miperbury, director of the SGMC Capital, told CNBC last week.

Ambule comments come after Indian Prime Minister Narendra Modi letter Late Monday on the “Cindy Operation”, which witnessed the New Delhi conducting Military strikes against Pakistan Last week. Islamabad took revenge on missiles and drones.

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Countries agreed to the ceasefire on Saturday. When asked if the ceasefire would keep, I told Ambule CNBC that “the ball is in the Pakistan Court.”

Moody In his speech He said that the operation now has determined the new anti -terrorism policy in India, adding that the country will not differentiate between a “government that includes terrorism and terrorists themselves”, accusing Pakistan of harboring terrorists.

“If Pakistan wants to survive, it must dismantle its terrorist infrastructure. There is no other way to peace.” Moody said.

On May 9, India made strikes against Pakistan and what Pakistan Jammu and Kashmir called, targeting “terrorist infrastructure”. The Indian government said that this was a response to a terrorist attack by the militants in the tourist town of Bahmam in the province of Kashmir, killing 25 Indian citizens and Nepalese.

– Ganesh Rao of CNBC contributed to this report.



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