India Inc must only cheer growth, not question it - News Summed Up

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India Inc must only cheer growth, not question it


India Inc must only cheer growth, not question itThis photo, dated Aug 21, 2023, shows customers buying fruit and vegetables at an open-air evening market in Ahmedabad, India. (Photo: Reuters)Large parts of corporate India aren't exactly feeling the economy's world-beating growth performance. Mr Syngle has referred to GDP often enough in the past, as a guidepost to business. But this time, the opposition Congress Party used his statement to poke a hole in the government's claim that India is the world's fifth-largest economy. Those who make pricing decisions and deploy capital aren't all taken in by the rhetoric -- but by now, most executives like Mr Syngle know better than to air their concerns in public.


Source: Bangkok Post May 22, 2024 10:26 UTC



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