Highlighting India’s robust economic health despite the pandemic and the geo-political situation, India’s Finance Minister Nirmala Sitharaman on Monday said there was no question of India getting into stagflation or recession like other major economies of the world.

Thailand is firmly in the ‘robust’ emerging-market category, with forecast M&A (merger and acquisition) activity of US$8.5 billion (Bt272 billion) this year, up from just $4.7 billion in 2018, and with the number of deals estimated to reach a three-year high of 125, before easing back in 2020.