OWSA Staff

As geopolitical tensions escalate in West Asia, the economic ripple effects are hitting Indian shores with growing intensity.

As the 1 July 2026 deadline approaches, the Ministry of Rural Development has outlined a seamless transition plan.

India’s banking sector registered robust credit growth of 15.9 per cent in the financial year 2025-26, driven by strong demand across agriculture, industry, services and retail lending segments, according to the Union Ministry of Finance.

Officials say that the TUW Policy 2026 does not exist in isolation; it is deeply aligned with broader national and regional developmental blueprints.

UN Assistant Secretary-General and UNDP Regional Director for Asia and the Pacific Kanni Wignaraja emphasized that standard economic management measures will not suffice in this landscape.

According to forecasts, temperatures in Delhi-NCR are expected to climb sharply, potentially touching 44°C, triggering a multi-day heatwave alert beginning this week.

To harness AI’s full potential, the ORF recommends four priority actions.

As tensions persist, the world watches closely, aware that even minor escalations could have far-reaching consequences. The Strait of Hormuz, long recognised for its strategic importance in energy markets, is now emerging as a critical node in the global food supply chain.