New Delhi, India is forecasted to achieve a USD 4 trillion economy by 2024-25, surpassing Japan to become the world’s fourth largest economy, according to Economic Advisory Council to the Prime Minister member Sanjeev Sanyal. Finance Minister Nirmala Sitharaman mentioned India’s potential to surpass Japan and Germany to become the third-largest economy by 2027, cautioning against hasty fiscal moves.
Global Market: China and Hong Kong shares weaken as stable growth eases stimulus bets
China and Hong Kong stocks weakened on Tuesday, joining a broader retreat in the region, after Beijing kept key lending rates unchanged and stronger GDP