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RESILIENCE: Minister for Commerce Anand Sharma says the Dubai World debt won't impact Indian economy.

RESILIENCE: Minister for Commerce Anand Sharma says the Dubai World debt won

Dubai World debt won't impact India: Minister

The risk of a multi-billion-dollar debt default by Dubai World, ranked among the largest state-run conglomerates in the region, will have little impact on the Indian economy, a senior Indian minister said on Friday. "India is a very large economy. It's a resilient economy. I don't think some development in real estate in Dubai will have an impact on the Indian economy," Commerce Minister Anand Sharma said.

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