Arvind Panagariya, Chairman of the 16th Finance Commission, expressed optimism about India’s economic growth. He highlighted the significant progress made in the last 20 years, despite economic shocks, and projected India to become a major global player within the next decade. He emphasized the importance of addressing land and labor issues and advocated for equity investments over gold.
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