Close X
Wednesday, December 4, 2024
ADVT 
International

India Will Be World's Fastest Growing Economy In 5 Years: Top US Think Tank

The Canadian Press, 10 Feb, 2017 12:21 PM
  • India Will Be World's Fastest Growing Economy In 5 Years: Top US Think Tank
India will be the world's fastest growing economy during the next five years, a top US intelligence think-tank has said while underlining that Pakistan, unable to match India's economic prowess, will seek "other methods" to maintain even a semblance of balance.
 
"Pakistan, unable to match India's economic prowess, will seek other methods to maintain even a semblance of balance," said the report 'Global Trends' of the National Intelligence Council (NIC), which is the center for mid-term and long-term strategic thinking within the US Intelligence Community.
 
"India will be the world's fastest growing economy during the next five years as China's economy cools and growth elsewhere sputters, but internal tensions over inequality and religion will complicate its expansion," the report said.
 
 
In its report, the National Intelligence Council said that Pakistan will seek to maintain a diverse set of foreign partners, from which it can draw economic and security assistance, and to develop a credible nuclear deterrent by expanding its nuclear arsenal and delivery means, including "battlefield" nuclear weapons and sea-based options.
 
"In its efforts to curtail militancy, Islamabad will also face multiple internal security threats, as well as a gradual degradation of equipment used in these operations, declining financial resources, and a debate over changes needed to reduce the space for extremism," it said.
 
NIC said India's growing economic power and profile in the region will further complicate calculations, as New Delhi navigates relations with Beijing, Moscow, and Washington to protect its own expanding interests. New Delhi, however, will continue to offer smaller South Asian countries a stake in India's economic growth through development assistance and increased connectivity to India's economy, contributing to India's broader effort to assert its role as the predominant regional power, it added

MORE International ARTICLES

Canada Eyes Marijuana Legalization As It Manages U.S. Relationship

Wilson-Raybould says Public Safety Minister Ralph Goodale is talking with U.S. counterparts about any potential impacts of the government's plans.

Canada Eyes Marijuana Legalization As It Manages U.S. Relationship

Alberta Website Lets People See ER Wait Times, Rates Quality Of Care

Alberta Website Lets People See ER Wait Times, Rates Quality Of Care
EDMONTON — Albertans can now check how long it will take to see an emergency room doctor, as well as overall quality of care at 16 emergency rooms across the province.

Alberta Website Lets People See ER Wait Times, Rates Quality Of Care

Yukon To Give Out Overdose-reversing Drug Amid Overdose Crisis

Yukon To Give Out Overdose-reversing Drug Amid Overdose Crisis
WHITEHORSE — Officials in Yukon will hand out an overdose-reversing drug in an attempt to address an ongoing opioid crisis that has spread across the country.

Yukon To Give Out Overdose-reversing Drug Amid Overdose Crisis

Trump's Call To Pharma Firms To Move Back To US Could Hit Indian Exporters

Foreshadowing "Buy American" moves that could affect the largest market for Indian pharmaceutical companies, US President Donald Trump told drug makers on Monday to bring back manufacturing to the United States.

Trump's Call To Pharma Firms To Move Back To US Could Hit Indian Exporters

Indian-Orgin Man Charged With Impersonating US Tax Official

Indian-Orgin Man Charged With Impersonating US Tax Official
A 29-year-old Indian-origin man and another person have been charged for allegedly impersonating US tax officials and falsely representing victims from the department to send payments to their bank accounts and debit cards.

Indian-Orgin Man Charged With Impersonating US Tax Official

Indian-Origin Vijaygiri Anandgiri Goswami Linked To Pak-Afghan Drug Trade: US Prosecutor Preet Bhara

Indian-Origin Vijaygiri Anandgiri Goswami Linked To Pak-Afghan Drug Trade: US Prosecutor Preet Bhara
Vijaygiri Anandgiri Goswami and three others "ran a Kenyan drug trafficking organisation with global ambitions," Bharara said on Tuesday. 

Indian-Origin Vijaygiri Anandgiri Goswami Linked To Pak-Afghan Drug Trade: US Prosecutor Preet Bhara