Listen to this week's episode as Debashis Basu questions the reliability of economic and financial forecasts, citing examples of inaccurate predictions in the US for 2023. It contrasts the unpredictability of markets with India's potential for more accurate long-term forecasts, given recent policy changes. Also discussed in the video are initiatives like the production-linked incentive (PLI) scheme, massive capital spending, and the potential reduction in imports. Despite optimism about sustained growth, Debashis Basu advises caution, emphasising the importance of considering whether positive expectations are already reflected in current stock prices
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