India is predicted to be the fastest-growing major economy this fiscal year, driven by government spending ahead of the general election. However, economists warn that growth is still below potential and could be hindered by a weak monsoon season and sluggish private consumption and investment. The Reserve Bank of India is expected to cut rates by at least 25 basis points before July, despite concerns that inflation may be higher than anticipated.
Dow ends 400 points higher as investors buy AI stocks; Microsoft rallies
Wall Street experienced gains on Friday, driven by positive performance from Microsoft and AI-related technology stocks. High oil prices and rising US Treasury yields created