Krishnamurthy Subramanian, the IMF ED and the former CEA to the Government of India says that Indian GDP will grow at around 8% in the upcoming two decades.
He said that global investors are showing keen interest in India as the country offers several advantages such as strong domestic market, skilled and talented workforce and rule of law.
India’s foreign exchange reserves continue to decline, extending downhill journey for three months now. In the week that ended December 27, the country’s foreign exchange kitty declined by USD 4.112 ...