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Tuesday, January 17, 2023

Premature to think India will replace China in influencing global economic growth: Raghuram Rajan

Former RBI governor Raghuram Rajan on Tuesday said it is too premature to think that India will replace China when it comes to influencing global economic growth. However, the situation may change going forward as India is already the world's fifth largest economy, it is growing and has the potential to keep expanding.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/n1txH06

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Record bank profits to boost loans to poor, MSMEs: PM Modi

PM Narendra Modi praised banks for record profits in FY24, aiding the poor, farmers, and MSMEs. Challenges like bad loan provisions, bank in...