An eminent India watcher and currently founder Director at the Centre for Advanced Studies on India in Pensylvania University of USA, Prof. Francine Frankle has hailed India's handling of its domestic economic situation in the face of the global recession. In an exclusive interview to AIR correspondent Shailesh Vyas just ahead of G-20 summit at Pittsburgh, she said, India and China can play a vital role in the international financial scenario and in exercising its authority on a reasonable agreement on climate change.