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The Economic Times

Economy / The Economic Times

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The luxury of hindsight, the urgency of foresight: What India can still get right

Iran war: Recent West Asian events highlight India's vulnerabilities in energy, trade and finance. Foresight was dismissed, but now hindsight offers lessons. India must prepare for future disruptions by institutionalising scenario planning and risk assessment. This proactive approach is crucial for navigating global pressures and maintaining policy space.

20 Apr 2026 8:42 pm