International Monetary Fund (IMF)

Raghuram Rajan: Can India grow rich before growing old?

“By 2047-2050 we are going to start growing old. Are we going to be rich by then? Not at 6-6.5 per cent growth,” he said.

Biden attributes ‘Xenophobia’ to economic woes in India, China, Japan

NEW DELHI: US President Joe Biden has made a bold statement attributing the economic struggles of India, China, and Japan to ‘xenophobia’. Speaking at a fundraising event in Washington for his 2024 re-election campaign, Biden stated that these countries are economically stalling because “they’re xenophobic” and “don’t want immigrants”. Biden argued that migration is beneficial […]