Journal Press India®

GBS Impact: Journal of Multi Disciplinary Research
Vol 12 , Issue 1 , January - June 2026 | Pages: 329-339 | Research Paper

Building India’s Financial Resilience in an Era of War and Uncertainty

Author Details ( * ) denotes Corresponding author

1. * Rashmi Turamari Turamari, Associate Professor, Commerce, Government First Grade college for women, Dharwad, Dharwad, Karnataka, India (rturashmi@gmail.com)
2. Vadiraj Tangod, Professor, Physics, Governement First Grade college for Women Dharwad, Dharwad, Karnataka, India (vadirajtangod@gmail.com)

The global order in 2025–2026 is defined by unprecedented levels of armed conflict, supply chain fragmentation, energy market volatility, and the weaponization of trade. India, the world's most populous nation and fifth-largest economy, stands at a pivotal crossroads. Unlike many nations pulled into alliance-based financial commitments, India has charted a distinct path — one of strategic autonomy, domestic resilience, and calibrated global engagement. This paper examines India's financial route map during this wartime crisis: its fiscal architecture, defense investment trends, monetary policy adjustments, trade recalibrations, and the structural reforms that will determine whether India emerges from global turbulence as a stronger economic power or falls prey to the vulnerabilities that have ensnared other emerging markets.

Keywords

FDI, Financial Resilience, Fiscal policy, Monetary Policy Trade Recalibration

  1. Deloitte India Economic Outlook, January 2026 — Deloitte Insights
  2. UNCTAD Trade and Development Foresights 2026 — United Nations Conference on Trade and Development
  3. India Economic Survey, Union Budget 2026–27 — Ministry of Finance, Government of India
  4. Ministry of Defence Budget Estimates 2026–27 Analysis — MP-IDSA (Manohar Parrikar Institute for Defence Studies and Analyses)
  5. S&P Global India Economic Outlook, March 2026 — S&P Global Ratings
  6. India's Defense Budget Jumps 15 Percent — The Diplomat, February 2026
  7. India's Future Strategic Choices: Complications of Mass — Center for Strategic and International Studies (CSIS), January 2026
  8. Indian Economic Outlook Clouded by Emerging Geopolitical Risks — Kotak Bank Research, 2026
  9. India's Fiscal Conditions to Constrain Credit Strength — Moody's Ratings / Business Standard, 2025
  10. Edelweiss MF Equities Outlook 2026 — Business Standard, January 2026
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