India's Economy Projected to Grow 6.4%

India's economy is projected to grow by 6.4% in the upcoming fiscal year, despite a slowdown attributed to low government investment and sluggish private investment, with nominal GDP growth at 9.7%. Meanwhile, former Reagan economist Art Laffer believes that President-elect Donald Trump's policies could stimulate the U.S. economy through significant budget and tax cuts, improving productivity and lowering inflation. Trump has been vocal about his plans, threatening military intervention in international matters and asserting that his presidency will usher in a 'golden age' for America. Critics warn that Trump's economic strategies may lead to instability, yet some argue that his past policies resulted in improved job opportunities and stock market performance. As Trump prepares to take office, optimism surrounds potential economic reforms aimed at corporate deregulation and trade justice. The mixed reactions highlight the uncertain future of both the Indian and U.S. economies under their respective leaderships.