NSE CEO Warns Of ‘Tectonic Shifts’ In Global Order, Says India Must Play Smart

At the BT Best Banking & Economy Summit, Ashishkumar Chauhan struck a distinctly geopolitical note, warning that the world is entering a phase of “tectonic shifts” comparable to watershed moments like the World Wars, the fall of the Berlin Wall, and the inflationary upheavals of the 1970s. He said that while global alliances remained broadly stable from 1944 to 2025, the current moment marks a structural reset. Power equations are changing, new technological rivalries are emerging, and geopolitics will increasingly shape economic outcomes. Referring to the global AI race, Chauhan described a polarised landscape dominated by the United States and China, each offering competing models of control and openness. In such a shifting environment, he said, India — now far larger in economic heft — must carefully define its strategic role. The next decade, he suggested, will test how intelligently India navigates these moving parts.