Will services make the world rich?

“This is a finance ministry that values prudence,” said Shilan Shah, deputy chief emerging markets economist at Capital Economics, which expects weaker growth in the first half of this year before a...

A report by Capital Economics, a consultancy, argues that ai could lead to the “slow demise” of India’s service exports, cutting growth by 0.3-0.4 percentage points a year over the next decade.

To bulls, there is no stopping India from notching an even higher ranking. Shilan Shah of Capital Economics believes the country can become the world’s third-largest economy within the next decade. He...