The challenge for the RBI in 2024 is likely to be less about containing elevated inflation and more about curbing excessive financial market exuberance and a 'problem of plenty', notes Sajjid Chinoy, Chief India Economist JP Morgan.
'If there's one administration that would be likely to put the squeeze on Pakistan, it's the Trump administration.' 'This is an administration that views terrorists as a black and white issue (kill them all, no questions asked), and will have little patience for Pakistan's selective policy toward terrorism.'
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