USA is extremely car centric nation while having relatively low population(barring NY adjacent area & California). So I guess there was never major push for metros or even the public railways( their freights are probably the best in the world). While European and Asian countries are densely...
By 2025 we should cross them. Next yr $4 trill, 25-> $4.4 trill, should be more than both of them considering their current situation!!
That we will do in 25, 24 not possible!!
Yes, the article is true in the sense that we are heavily dependent on Chinese manufacturing. But we have been taking steps to increase manufacturing of our own, but it will take at least 4-5 yrs to bore fruit. For then, we have to be import dependent.
That is why China initiated their Belt and Road initiative to use their surplus manufacturing capability as an FDI. So far, it has not produced very good results, but in future it may change. To become a service superpower like USA, china will have to be more transparent, which doesn't seem...
Service sector touching 1 trillion is bit too high, will hover around 800 at best. IT is not growing as fast as it used too. Growth will mostly come from BFSI and consulting, hopefully from tourism too...
https://economictimes.indiatimes.com/news/economy/indicators/indias-gdp-grows-6-1-in-q4-fy23-growth-pegged-at-7-2/articleshow/100649977.cms?from=mdr
India's gross domestic product (GDP) grew at 6.1 per cent in the last quarter of the previous fiscal, with the government now estimating the...
So was Tesla and Netflix at one point of time. World/competitor will not keep sleeping on such strategically important industry, so when the competitors rise, the mkt cap will eventually come to its correct value. Currently its being over-valued. And yes, I know Nvidia is an AI leader, but...
https://www.pakistantoday.com.pk/2023/05/29/rise-of-india-and-implications-for-pakistan-and-the-muslim-world/
On the similar note!!
Nuclear Pakistan with a strong economy is a guarantor of sovereignty of Middle Eastern countries and the CARs. Unfortunately, there are certain people in and...