The augment of economic globalisation and financial integration in the past few decades has changed the dynamics of international developments. This has resulted in discussions on the immediate and frequent impact of global factors on emerging and developing economies. The objective of this research is to determine how the global economy’s output and liquidity affect India’s economic growth. The period of the study chosen is from 2000 to 2019 (quarterly). The empirical findings from the application of the NARDL approach suggest that the increase in global economic output increases domestic growth. Domestic economic growth is boosted by rising global liquidity, but both falling global liquidity and falling global economic production have no statistically significant results. JEL Codes: B22, C32, F21, F36, F43