Amitabh Kant, India’s G20 Sherpa and former Niti Aayog chief, praised India’s structural reforms, noting that they have elevated the country from the “fragile 5” to the “top 5,” resulting in a growth rate of approximately 8.4% over the last three quarters. Kant highlighted analysts’ projections that foresee India contributing 30% to global GDP growth between 2035-2040.
S&P Global flags potentially hidden AI debt at hyperscalers as AI spending surges
S&P Global warned that hyperscalers could be carrying more AI related debt than currently visible through financing structures linked to data centres and smaller AI