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Given the turn of surprising events during the day, there was an air of anticipation and excitement at the meet where former Finance Minister P Chidambaram spoke at length about India's economic growth, demonetization, reforms and taxes, simplifying taxes for commerce, anti-globalization, and many other economic issues and challenges that plague India and other countries

Ever since Trump called the landmark Iran nuclear deal a 'disastrous' one and threatened to dismantle it, there has been a lot of uncertainty regarding Iran's economic future. Amid speculations of US re-imposing sanctions on Iran, IMF said that renewed ambiguity on US's policy towards Iran is undermining economic sentiment.

According to the figures released by World Bank for the year 2017 India has emerged as the sixth largest economy by surpassing France. India's GDP worked out to be $2.597 trillion in comparison to France's $2.582 trillion. India's growth was stunted as a result of some of PM Modi's reforms such as demonetization and faulty implementation of new tax regime, Goods and Services Tax. Only last year the economy picked up and the recovery can be gauged by the increased GDP. The comparison with France is lopsided as the population of India is around 1.34 billion, almost twice as that of France's 67 million people. So the per capita income of Indians is 20 times lower than that of France. There is tremendous growth impetus in Manufacturing and Consumer spending that acted as main drivers of the economy in the latter half of the year 2017. India's GDP had doubled within the last decade propelling it as an economic power to reckon with in Asia. International Monetary Fund has projected that India will have a healthy 7.4% growth rate and it may well reach 7.8% by 2019 due to household spending and tax reform. This is far higher than the world's expected average 3.9% growth rate. According to London-based Centre for Economics and Business Research, a consultancy, India may even overtake both Britain and France in terms of GDP by the end of 2018. They predict that India may become the third largest economy by 2032.

Abu Dhabi Global Market (ADGM) and Gujarat International Financial Tec-City Special Economic Zone (GIFT SEZ IFSC) are pleased to further their partnership through closer collaboration on efforts and initiatives that foster the developments of each respective financial markets.

Chinese Premier Li Keqiang's upcoming visit to Australia is likely to see the already flourishing economic cooperation between the two countries make further progress.

ISLAMABAD: Prime Minister Muhammad Nawaz Sharif on Wednesday said the economy of country was turning around with good growth rate and the government was committed to providing conducive economic environment to the private sector. Talking to Jin Liqun, President Designate Asian Infrastructure Investment Bank (AIIB) here at the PM House, the Prime Minister said the government had invested a lot of resources in energy sector.

The rushed, vague nature of President Donald Trump's trade agreement with Chinese President Xi Jinping was on full display Monday, as the White House had to walk back a timing announcement by Trump's top economic adviser. As part of the deal reached by Trump and Xi during the G20 summit in Buenos Aires, Argentina, on…