A STUDY ON IMPACT OF GLOBAL ECONOMIC CRISIS ON THE INDIAN ECONOMY-CASE STUDY

Abstract

This paper explores the complex relationships between international financial crises and the ensuing changes in India's financial system. It attempts to offer thorough insights into the ways that times of worldwide economic unrest affect the Indian financial market, impacting its composition, dynamics, and general resilience. This paper examines the complex effects of global economic downturns on India's financial ecosystem using empirical data and in-depth analysis. It looks into the relationships between these crises and changes in important metrics such as currency exchange rates, stock market indices, investment trends, and government reactions.

This article also examines the adaptable strategies the Indian financial sector used to get through these trying times. Through an analysis of past examples and current situations, it provides insightful viewpoints on the tactics used by investors, market players, and policymakers to reduce risks and seize opportunities in the face of worldwide economic volatility.

In the end, this article aims to advance a nuanced understanding of the complex interactions between global economic crises and India’s financial environment by illuminating the ramifications, difficulties, and possible solutions for bolstering the Indian financial system’s resilience in a globally interconnected economy.