Krishnamurthy V Subramanian of the IMF stated that Hyderabad, India could potentially become a USD 55 trillion economy by 2047. During his book launch at Indian School of Business, he highlighted that with 8% growth and solid government policies, India could achieve this by leveraging financial inclusion and infrastructure investments.
Market expects one more rate cut as inflation stays benign
Indian economists and bond market experts expect another quarter percentage point cut in policy rates. This follows the Reserve Bank of India’s recent rate reduction