CNBC's Inside India newsletter: India's central bank has a new governor. Three experts reveal what they'd do in his shoes [CNBC]
BNP PARIBAS SPONS ADR (BNPQY)
NASDAQ:AMEX Investor Relations:
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Source: CNBC
Like what you see? You can subscribe here. The big story Just over twelve months ago, thousands of Indians gathered at Delhi's Red Fort as Prime Minister Narendra Modi delivered his speech on the momentous occasion of India's 75th Republic Day. His message was crisp: Viksit Bharat 2047 - a promise to make India a developed nation by 2047. The idea of a “developed India” is not new. In fact, it has been repeatedly floated over the 10 years that Prime Minister Modi has been in office. The plan looked well on track in January: India's growth was outpacing other major economies, its stock market had overtaken Hong Kong's to become the fourth largest in the world and dozens of tech unicorns were at the cusp of going public Twelve months on, investors and economists are concerned about high inflation levels, declining household spending, slow job creation and insufficient private investment. The miss in India's latest gross domestic product (GDP) figure for the second quarter cl
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