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Nageswaran warns of AI’s labor displacement while heralding India’s robust economic growth amidst global uncertainties and promoting sustainable job creation.

Nageswaran warns of AI’s labor displacement while heralding India’s robust economic growth amidst global uncertainties and promoting sustainable job creation.

V. Anantha Nageswaran, the Chief Economic Advisor to the Indian government, recently projected that the Indian economy will grow between 6.5% and 7% in the current financial year, with an impressive nominal growth rate of 11% accounting for inflation. He emphasized that this growth is noteworthy considering global economic challenges. Nageswaran highlighted the post-COVID recovery ...

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Shaktikanta Das emphasizes resilience through strong fundamentals to combat global uncertainties and enhance emerging markets’ stability.

Shaktikanta Das emphasizes resilience through strong fundamentals to combat global uncertainties and enhance emerging markets’ stability.

Shaktikanta Das, the Governor of the Reserve Bank of India, emphasized the importance of strengthening fundamental economic practices to navigate global uncertainties. Speaking at the Himalaya Shumsher Memorial, he highlighted that a strong commitment to inflation targets, maintaining reserve buffers, and implementing prudent financial policies are essential for the resilience of emerging Market economies (EMEs). ...

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