India's Economy to Triple in 10 Years; Bitcoin Surges Past $87,000
India's economy is poised for significant growth in the next decade, according to JPMorgan CEO Jamie Dimon. Speaking exclusively to CNBC-TV18, Dimon predicted that India's economy will likely triple in size over the next ten years.
'My guess is if we meet again in 10 years, there'll be 400 companies in research, there'll be 2,000 companies being covered, your economy 10 years from now will probably be three times the size,' Dimon said.
Meanwhile, Bitcoin has surged past $87,000 to an eight-month high, driven by a broader recovery in global risk assets and renewed buying in US spot Bitcoin ETFs. The Indian rupee also opened stronger at ₹95.75 against the dollar.