PM Modi emphasizes on ‘financial discipline’ as opposed to ‘irresponsible populist measures’

Prime Minister Narendra Modi has emphasized the importance of financial discipline and warned against irresponsible financial policies and populist measures, stating that they may deliver short-term success but will have long-term social and economic consequences. He also expressed confidence in India's rise and outlined his vision for the country's development by 2047.

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8/26/2023

Billionaire Ray Dalio says India’s moon landing is another sign of its ‘ascendence’—and predicts stellar growth for its economy

Billionaire Ray Dalio sees India as a promising investment opportunity due to its recent successful moon landing and projected 7% growth rate, describing it as having the right potential and leadership for growth similar to China in the 1980s. Dalio believes Indian prime minister Narendra Modi has the capacity to influence the world order. On the other hand, Dalio has become less optimistic about China and suggests a massive debt restructuring is needed. Other notable figures, such as Tesla CEO Elon Musk and Goldman Sachs, also express confidence in India's economic prospects.

9/3/2023

From G20 Summit to democratisation of technology: Here's full transcript of PTI's interview with PM Modi

Indian Prime Minister Narendra Modi discussed India's achievements during its presidency of the G20, highlighting its human-centric model of development and its response to the pandemic, which has gained recognition and appreciation from the international community; he also emphasized the importance of including the Global South and Africa in global affairs and addressing their needs. Additionally, Modi noted India's efforts in promoting renewable energy and the democratization of technology, while acknowledging the challenges of cybercrime and the need for global cooperation. He expressed confidence in India's future economic growth and its potential to become one of the top three economies in the world by 2030 and a developed country by 2047.

9/4/2023

Political Stability Under PM Modi Putting Rocket Fuel Into New India: Report

India has experienced political stability under Prime Minister Modi, leading to legal reforms, improvements in welfare systems, and infrastructure development, which has positioned the country for growth and influence in various spheres, including space exploration, sports, and entertainment, but challenges such as poverty, education, and employment still need to be addressed.

9/9/2023

India's G20 Presidency Yields Progress on Development Financing, Crypto Regulation

India has successfully achieved its finance track objectives during its G20 presidency, including strengthening Multilateral Development Banks, creating a global regulatory framework for crypto assets, promoting financial inclusion through digital infrastructure, resolving debt for lower and middle-income countries, and financing sustainable cities, among other accomplishments, according to Finance Minister Nirmala Sitharaman.

9/11/2023

Indonesia's Economy Stays Strong Amid Global Headwinds Thanks to Robust Domestic Demand

Indonesia's Finance Minister, Sri Mulyani Indrawati, expressed optimism about the country's economic growth, attributing it to domestic demand and successful fiscal deficit containment.

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Posted 9/3/2023, 11:19:42 AM