BS Manthan: Bilateralism now topping the agenda, says FM Sitharaman

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BS Manthan: Bilateralism now topping the agenda, says FM Sitharaman - Business Standard

Quick Summary:

Chris Wood, global head of Equity Strategy at Jefferies, also spoke at length on the matter of investing, and analysed India’s market position compared to other economies.

Climate change, he said, is not just about the earth’s temperature rising.“It is also about loss of biodiversity, and the desertification of the planet.” India, he said, is working on all these aspects — from recognising the strength of the circular economy to trying to make agriculture climate-resilient.

While acknowledging that the world is going through a churn, and not a gentle one at that, the finance minister said, “In this global reset, we have to put India’s interests first and on the top. She also emphasised the need to reimagine the most-favoured-nation status, noting that “every country wants to be treated as special”.