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.
Axis Bank shares rise 2% as lender set to invest Rs 1,500 crore into NBFC arm Axis Finance
Axis Bank shares gained after the lender approved a Rs 1,500 crore capital infusion into its NBFC arm, Axis Finance. The move follows a pause