Addressing an event organised by the industry body Confederation of Indian Industry, Sanyal said India is the fastest-growing major economy and its economic growth rate will be twice of China’s economic growth. He also pointed out that India is the 5th largest economy in the world, and the country is finally at the big table. “This requires us to think big,” the EAC-PM member said.
Chicago Fed President Goolsbee rejects calls for Fed rate cuts to ease US debt burden
Chicago Fed President Austan Goolsbee rejected calls for interest-rate cuts to ease the US government’s debt burden, warning that such a move could fuel inflation