The year began with outside shocks like the Ukraine-Russia War, the spike in the Dollar Index and Crude Oil sending the Indian Indices to a quarter long downtrend. The Reserve Bank of India, in their agile approach, has ensured that India’s growth story is not muted, despite the periodic reviews and rate hikes to combat high inflation. Moreover, global factors and the periodic inflation data, now seems to be priced in, along with the reduction in the pace of rate-hikes, which suggests that the i ..
India will be superpower by 2047, but not high-income economy: Martin Wolf
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