Morgan Stanley’s latest report shows India driving a fifth of global growth by the next decade, which is a big fillip to the Narendra Modi government. However, it predicted a fragmented outcome in the 2024 Lok Sabha elections. News18's Marya Shakil spoke to Morgan Stanley India Managing Director Ridham Desai, who called Prime Minister Modi an ‘inflation hawk’, which essentially means he does not want inflation — this is critical for the prosperity of the economy. Desai also praised India for focusing on macro stability when countries like the US were dealing with inflation during the pandemic. Watch to know what he said!
According to the global financial services major, India's digital leap will have substantial social impact across four key areas -- reducing income inequality, broadening and deepening financial inclusion, improving quality of life and enhancing agricultural productivity.
According to the global financial services major, India offers all the right ingredients to be one of the largest shared mobility markets in the world as it has large population clusters, a young demographic that is well connected to the internet and rising real incomes.
The Morgan Stanley report has downgraded PSU banks. CNBC-TV18's Avni Raja reports more.
In an interview with CNBC-TV18's Latha Venkatesh and Anuj Singhal, Anil Khandelwal, CFO of Cox & Kings spoke about the latest happenings in his company and the road ahead.