The central bank's move will help curb rising inflation.
To achieve more than 7 per cent growth rate, India needs to benefit from the growing world markets through exports.
Both recapitalisation and big infrastructure spending announcements are required to boost the economy towards the eight per cent growth rate.
The weakening of the rupee, and at the same time, the strengthening of the US economy may boost India’s exports.
The Republican is expected to make a lot of changes that will affect India-US bilateral ties.
It will be imperative for Beijing to manage expectations about what the forum can accomplish.
The project is a masterstroke which will help the Dragon to maintain its dominance in the new multi-polar world.