Global uncertainty, Middle East and Indian Economy
Meeting No: 2512 620 1337
Password: oilshock
Certificate of Participants
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Abstract
Global uncertainty, driven by geopolitical tensions, inflation, and financial volatility, has intensified with ongoing instability in the Middle East. Fluctuations in crude oil prices, supply chain disruptions, and investor sentiment directly influence emerging economies like India. As a major oil importer, India faces pressure on inflation, fiscal balance, and currency stability. However, resilient domestic demand, diversified trade partnerships, and proactive policy measures help cushion external shocks. This webinar explores how Middle East dynamics shape global risk and assesses India’s economic preparedness, highlighting challenges, opportunities, and strategic responses needed to sustain growth amid an increasingly uncertain global environment.
About the Speakers
Prof. Gulshan Sachdeva
Gulshan Sachdeva is Professor and Jean Monnet Chair at the Centre for European Studies, JNU. His work focuses on European economic integration, Eurasian connectivity, development cooperation, energy security, and India’s external economic engagements. He serves as Book Series Editor for Europe–Asia Connectivity and Co-Editor of the Asia–Europe Journal. He has held key administrative and academic roles, including Chief Coordinator of DAKSHIN – Global South Centre of Excellence at RIS; Coordinator of the Jean Monnet Centre of Excellence; Head of ADB and Asia Foundation regional cooperation projects at the Ministry of Foreign Affairs in Afghanistan; Consultant with the ILO; Chairperson of the Centre for European Studies; and Director of the Energy Studies Programme. He has taught at KU Leuven as the ICCR Chair and has served as visiting faculty at nine European universities. He has published more than 120 research papers/book chapters and holds a PhD in Economics from the Hungarian Academy of Sciences, Budapest.
Lt. Gen. Rakesh Sharma (Retd.)
Lt. Gen. (Dr.) Rakesh Sharma is General Bipin Rawat Chair of Excellence, The United Service Institution of India (USI); and Distinguished Fellow, VIF and CLAWS. Lt Gen (Dr) Rakesh Sharma was commissioned in Gorkha Rifles in 1977, and had a career spanning forty years in the Army. He has had extensive operational experience in Jammu and Kashmir, North East and on the Western Borders. The officer had trained the Botswana Army for three years in Africa, and attended the National War College at Abuja, Nigeria. Lt Gen Rakesh Sharma attended the NDC at New Delhi. He was Research Fellow at Institute for Defence Studies and Analyses and has done PhD in Defence Studies. General Rakesh Sharma commanded the Fire and Fury Corps in Ladakh responsible for Kargil, Siachin Glacier and Eastern Ladakh – facing both Pakistan and China. The General was the Adjutant General of the Indian Army responsible for the Human Resource Management and superannuated in 2017. He has been awarded by the President of India. He is a regular participant in seminars, lectures in various institutions, and regularly writes for newspapers and military journals. He is currently DISTINGUISHED FELLOW with Vivekananda International Foundation (VIF) and Centre for Land Warfare Studies (CLAWS) and on the EXECUTIVE COUNCIL of Institute for Defence Studies and Analyses (IDSA) and of Global Counter Terrorism Council (GCTC).
Prof. A.K. Pasha
Aftab Kamal Pasha teaches at the Gulf Studies, Centre for West Asian Studies (CWAS), School of International Studies (SIS), Jawaharlal Nehru University (JNU), New Delhi, where he has served as Chairperson and is now Director, Gulf Studies Programme (an UGC Area Studies Program), at CWAS, SIS, JNU. He is holding this post for fifth time since 1997. He is currently Associate Dean, SIS, JNU. He has also been Director, Maulana Azad Centre for Indian Culture, Cairo, Egypt. He is associated with the Gulf Research Centre, Dubai, UAE. He was Fulbright Professor at St Cloud State University, Minnesota, USA. His research, teaching and writing focuses on international studies especially on West Asia and North Africa. He has authored, edited and co-edited and contributed chapters to over ninety books published in India and abroad on India, Gulf, West Asia and North Africa. His most recent books are India and the Gulf Region: Maritime History, Trade, Security and Political Reforms; India and the GCC States: Historical, Geopolitical and Strategic Perspectives; and India’s Political and Foreign Relations with the Gulf Region [2014]. Professor Pasha was born at Mysore [29-12-1956] and holds BA, [1976] M.A. Degrees [1978] in Middle Eastern Studies and Political Science from Mysore University, Karnataka, India; M.Phil [1981] and PhD [1992] in International Studies from Jawaharlal Nehru University, New Delhi, India. His research articles have been published in numerous national and international journals. He has successfully supervised over forty five M.Phil/PhD dissertations/Theses at JNU.