Economic Shifts: India’s Growth Concerns and Canada’s Rate Cut Prospects

Explore the recent economic developments as India's GDP growth slowdown raises questions about its future trajectory, prompting potential action from the RBI. Meanwhile, Canadian banks advocate for a significant interest rate cut amid stagnant growth. Discover how these shifts could impact global markets and economic policies. Plus, insights into Singapore's rising household incomes and spending, and the Chief Economic Advisor's call for policy reforms to boost India's growth. A must-listen for those interested in global economic trends and policy decisions.

Sources:
https://www.moneycontrol.com/news/business/economy/q2-gdp-growth-shocker-may-trigger-action-from-rbi-raise-questions-over-indias-potential-growth-12880120.html
https://www.forexlive.com/news/canadian-banks-see-a-strong-case-for-a-50-basis-point-rate-cut-20241129/
https://www.scmp.com/week-asia/economics/article/3288746/singapore-households-spending-more-incomes-rising-faster-official-survey
https://indianexpress.com/article/business/deregulation-more-state-capacity-for-capex-better-hiring-policies-in-private-sector-needed-to-push-growth-chief-economic-advisor-9697941/

Outline:
(00:00:00) Introduction
(00:00:45) Q2 GDP growth shocker may trigger action from RBI; raise questions over India's potential growth
(00:03:38) Canadian banks see a strong case for a 50 basis point rate cut
(00:06:23) Singapore households spending more, but incomes rising faster: official survey
(00:09:24) Deregulation, more state capacity for capex, better hiring policies in private sector needed to push growth: Chief Economic Advisor