The Presidential Daily Brief

important

  1. India Boasts That It’s Overtaking Chinese Growth

    It’s an economic powerhouse à la Modi. Finance Minister Arun Jaitley says not only will his nation’s projected 8 percent growth outpace China’s — despite the People’s Republic having a vastly larger economy — but that New Delhi plans to boost public investment. This caps the ruling party’s first year in power, often fraught with tax arguments and parliamentary struggles. Now Jaitley is moving full speed ahead with economic reform, hoping that growth, infrastructure investment and a trend toward privatization will help India spend 2016 on top.

    FT (sub)

This story is part of The Presidential Daily Brief

view full edition