The world’s third largest economy in terms of purchasing power parity is going to contribute about 14% of global growth this year, he said, even as the country is facing the risk of rising deficit due to higher import bills on the back of global commodity prices.
A fragmented global economy will lead to capital reallocation from US to Europe and Asia: Arnab Das
Invesco’s Arnab Das suggests a fragmented global economy with shifting capital flows from the US to Europe and Asia due to trade tensions. While retaliation