and let's good more on this from jacob gunter senior analyst at the mercator institute for china studies. welcome to the w, jacob received central bank intervening for the 2nd time this year. do you see more than just macroeconomic factors at play here? yeah, there's certainly more than just the macro economic factors. and when you look at this 10 basis points reduction, it's quite notable because it's the opposite of what's happening ever else in the world. everyone else is rushing up their rates and trying to their, their lowering it effectively because they have the opposite problems that we have . the united states and europe. consumption is incredibly low and weak relative to supply. so they're, they're definitely trying to keep the economy from kind of falling out in large part because of the plumping investor and consumer confidence is coming as a result of kind of 0 policies as long as it maintains, if you're hoping approach consumer consumer investor confidence is going to be low, you know, they're not, it's not the people on sending because you know, the interest rates are too

jacob gunter senior analyst at the mercator institute for china studies jacob think every time they give marking 75 years of independence, india as prime minister, nor under moti pledge to turn the country into a developed nation. and the next 25 years. the india and the past managed to launch itself and parts of its 1400000000 people into the ranks of leading countries. and i t, pharmacy space science and civil nuclear energy luxury apartments and slums, hunger and high tech object poverty and economic abundance. india is a country of sharp contrast and is current to the pastor's growing economy in the world with growth currently exceeding more than 8 percent. india is increasingly becoming a strong come to way to china. india's gross domestic product has risen sharply in the last 20 years, and it has grown to more than 3 trillion dollars in that period. but despite its economic success, india has locked behind in many areas. almost 2 tours of his population live an unspeakable poverty. this was also an issue for prime minister, not under moore during his election campaign last year. gi