Shaktikanta Das flags eastward shift in global economy, urges Global South to seize opportunities
Mint 1 hr ago·29 Sept 2026, 2:13 pm
Reserve Bank of India Governor Shaktikanta Das has highlighted a major structural shift in the global economy, noting that power and growth are moving towards the East. He urged nations in the Global South to capitalize on this trend by strengthening trade, energy, and food security to create more jobs.
This outlook is significant for investors as it signals a potential reallocation of capital towards emerging markets and Asian economies. It suggests that the traditional dominance of Western markets may be waning, offering new avenues for growth and diversification in a portfolio.
Investors should watch for policy changes in emerging markets and corporate earnings from companies with strong international exposure. A shift in global trade dynamics could create opportunities in sectors like logistics, energy, and manufacturing.
Excerpt from Mint
Shaktikanta Das says the global economy is shifting eastward, urging Global South nations to focus on trade, energy, food security and jobs. The global economy is increasingly shifting towards the East, creating new opportunities for developing nations, Shaktikanta Das, Principal Secretary-2 to the Prime Minister,…Read the original at Mint
Key takeaways
- Category: Economy.
- AI reads the tone as positive (potentially bullish) for the stock.
- Flagged as a high-impact, market-moving story.
Why it matters
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