The IMF’s World Economic Outlook (July 2024) projected 3.2 % global growth in 2024. Calamitous events like the Iran-Israel War and the Russia-Ukraine War have heightened economic instability, amplified sector-specific risks, and intensified regulatory uncertainties. These geopolitical events have accentuated global tensions, disrupted trade, and caused fluctuations in the global markets, which in turn affect investor confidence and capital flows into emerging markets like India.