Dimon Forecasts Tripling Indian Economy by 2033 as Bitcoin Hits New High
JP Morgan CEO Jamie Dimon believes India's economy could triple in size over the next decade. Speaking in an exclusive interview, he said that if the country meets its growth targets, there will be more companies covered by his bank and a larger universe of Indian businesses overall.
The rupee opened stronger against the dollar on Tuesday, at 95.75, as lower crude prices and US Treasury yields supported sentiment. However, expectations of higher interest rates for longer capped gains in gold and silver.
A group of top tech chiefs, including Microsoft's Satya Nadella and Elon Musk from Tesla, will attend a White House dinner hosted by President Trump for Chinese leader Xi Jinping this week.