IndiaTimes
Chief Economic Advisor V. Anantha Nageswaran stated that the Federal Reserve’s rate cut could have a positive impact on the global economy. However, he noted that its effect on India would be marginal. Economic Affairs Secretary Ajay Seth echoed this sentiment, suggesting the cut would not significantly influence investment flows into India…
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US Fed rate cut to have a ‘marginal’ impact on India
Chief Economic Advisor V. Anantha Nageswaran stated that the Federal Reserve’s rate cut could have a positive impact on the global economy. However, he noted that its effect on India would be marginal. Economic Affairs Secretary Ajay Seth echoed this sentiment, suggesting the cut would not significantly influence investment flows into India…