The IMF raised its global growth outlook to 3.2%, but former RBI Deputy Governor R. Gandhi described it as a “balancing act.” He noted the IMF’s cautious commentary on trade frictions and tariffs contrasts with its optimistic numerical projections. Gandhi emphasized India’s domestic-driven resilience and the challenges for manufacturing growth.
Gold heads for weekly loss amid oil-driven inflation concerns
Gold prices held steady Friday, but a weekly dip was likely as soaring oil prices fueled inflation concerns, impacting interest rate expectations. Meanwhile, geopolitical tensions