#BIG: Blackstone CEO on India.
India is clearly the fastest growing country in the G10. This is a country that is investing massively in physical infrastructure, legal, capital markets infrastructure. There is a rising middle class here, this is a place we particularly like."
India Q4 GDP Growth Beats Estimates
"India's GDP growth for Q4 came in at 7.8% (YoY), matching the previous reading and surpassing the estimated 7.2%, signaling robust economic momentum ๐"
India Q4 GDP Growth Beats Estimates
"India's GDP growth for Q4 came in at 7.8% (YoY), matching the previous reading and surpassing the estimated 7.2%, signaling robust economic momentum ๐"
3. ๐ Global factors
Oil prices, inflation, global slowdown
Capital flows & interest rates (US Fed impact)
๐
So its short-term fluctuations we will hit top 3 before 2030๐ช๐ช
๐ฌ๐งUK overtakes India as the worldโs Fifth-largest economy in nominal GDP.
1. ๐บ๐ธ US โ ~$32.38 T
2. ๐จ๐ณ China โ ~$20.85 T
3. ๐ฉ๐ช Germany โ ~$5.45 T
4. ๐ฏ๐ต Japan โ ~$4.38 T
5. ๐ฌ๐งUK โ ~$4.26 T
6. ๐ฎ๐ณ India โ ~$4.15 T
Reason ๐๐
2. Rupee vs Dollar (biggest factor)
Indiaโs GDP is calculated in โน (rupees) but converted to $
If rupee weakens โ GDP in $ looks smaller
Meanwhile, British pound stayed stronger
๐ So even if India grows, currency effect can push it down in ranking
More ๐
> Crude oil prices increased more than 40%
> Natural gas price increased
> Inflation increased
> And your worth less post impression increased๐คก
After crypto Now trump is manipulate crude oil
Trump: I'm considering taking control of the Strait of Hormuz. They better not fire anything new - otherwise it will be the end of this country
#Iran#Israel#oil#khameni#trump
Believe me this is the official account of India PM Narendra Modi
He is thanking trump for slapping 18% tariff on Indian products
Shame on you modi ji
#Trump#tariff#GIFTNIFTY#modi
Wonderful to speak with my dear friend President Trump today. Delighted that Made in India products will now have a reduced tariff of 18%. Big thanks to President Trump on behalf of the 1.4 billion people of India for this wonderful announcement.
When two large economies and the worldโs largest democracies work together, it benefits our people and unlocks immense opportunities for mutually beneficial cooperation.
President Trumpโs leadership is vital for global peace, stability, and prosperity. India fully supports his efforts for peace.
I look forward to working closely with him to take our partnership to unprecedented heights.
@POTUS@realDonaldTrump