Letter to BS: Trade tensions, oil crisis likely to hit Indian markets

The Indian economy is more capitalist oriented and invites foreign investment into the same

This refers to “India’s China gap” (June 27). The opinion of the advisory mentioned in the article is governed by skepticism. His thinking is instead governed by uncertainty of post-election Indian economic policy. Red tape, nepotism and corruption are easy explanations for an escape route for investors as these are not restricted to India. India is also going in for a liberalised trade policy. The current global scenario has to be considered in this regard. Presently, it has created investor uncertainty in view of a trade stand-off between the US and China and the prevailing friction between the US and