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On the campaign trail, the US President said “xenophobia” was responsible for “stalling” economic growth in India, China and Japan. His comment is puzzling, especially in India, which has the world’s fastest-growing major economy and prides itself on inclusivity.
In April, India's manufacturing sector saw a slight slowdown, yet remained strong due to high demand, revealed by a private business survey. This surge in demand drove companies to increase raw material procurement nearly to record levels. The HSBC final India Manufacturing Purchasing Managers' Index dipped to 58.8 from March's 16-year high of 59.1.
India Business News: The International Monetary Fund has predicted that the Indian economy will grow by 6.8% in the current fiscal year, with public investment driving the
The former RBI boss said that the actual GDP growth rate of India is 6 to 6.5 per cent, while adding the 8.5 per cent figure reeks of fluff.
A stable and visionary political leadership, young talented population, vast AI and startup community and...