U.S. Recession: Why India is better placed to battle global slowdown I HT Insight

In its continuing bid to cool down raging inflation in the United States, at 9.1% in June, which is at a four-decade high, the Federal Reserve raised interest rates by 75 basis points on Wednesday. On Thursday, GDP estimates indicated that the U.S. economy contracted for two consecutive quarters, stirring concerns that the country is headed towards a recession. How is this global scenario going to affect India? In this episode of HT Insight, Sukumar Ranganathan decodes with Aditi Prasad why India, among other economies, looks better placed to battle global slowdown.

#usa #recession #economy #india

[theaborigine]

Finally a media house is admitting India has done better not great but better than so called developed economies, And I hope Indian media will also admit that India's pace of growth will increase in next 5-6 years while China's economy shrink...

[neelmishra]

So good to hear, just hope that rupee can get stronger against the us dollar soon.

[supersherarmygeneraltoreco]

21st century is patented for indian centuries of sustainable development 🚩🕉🕉🇮🇳🇮🇳🇮🇳

[nome]

I'm glad India has been doing good if not better economically during the struggles of money and government

[avnashkrsnan]

Our Indian economy has been downsized by shortfalls in manufacturing and pricing inflation.

[mohdsohail]

Gujarati islye Zinda because of maharathas warna aaj bhi tumlog angrejo ki chate baite