Predictions for 2024: A $4 trillion economy, creative philanthropy and boost in capital expenditure

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Key Points

Indias economy prospered in 2023 as the rest of the world stuttered in the face of the Israel-Palestine conflict, high US interest rates, a strong dollar, and lingering price pressures..

Investors poured money into stocks to grab a share of Indias economic resilience while companies rushed to market to raise record amounts, and corporates gingerly started to invest again..

ET asked a galaxy of experts to make one prediction each for 2024, the early part of which will be dominated by the general elections..

Not too surprisingly, in our 24 Predictions For 2024, the most dominant theme was the impact of Artificial Intelligence on businesses and lives, but Indias economic potential figured as strongly...

With the economy on the upswing, Roshni Nadar Malhotra, trustee, Shiv Nadar Foundation, called for creative philanthropy - a model aligned to the creation of institutions that last multiple lifetimes, impact generations of beneficiaries and create much wider ecosystems of aspirations..

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