India remains the largest growing economy in the world, projected to have a seven percent growth in FY24-25, with good macroeconomic fundamentals, according to IMF official Krishna Srinivasan. He emphasized the need for post-election reform priorities in creating jobs, removing trade restrictions, and focusing on infrastructure, agriculture, land reforms, education, and skilling. Srinivasan also highlighted the importance of investing in skilling the workforce, strengthening the social safety net, and improving the business environment to address red tape issues and boost job generation, particularly for women and youth.
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Donald Trump's Gaza plan complicates hoped-for Saudi-Israeli deal
President Trump is urging Saudi Arabia to join the Abraham Accords by suggesting the relocation of 2 million Palestinians from Gaza, a proposal strongly opposed by Saudi Arabia. The country insists on the establishment of a Palestinian state before any normalization with Israel can take place. This idea has sparked tensions between the United States and Saudi Arabia regarding the path to peace in the Middle East. Full Article
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