IMF Hails India's Rise; Google Bets Big With $15B AI Hub In Visakhapatnam

This special report covers two major positive developments for the Indian economy: high praise from the IMF and a landmark investment by Google. IMF Managing Director Kristalina Georgieva has lauded India as a key global growth engine, highlighting its successful large-scale reforms. 'I am very a bit on India because of this boldness with which they do things that others are telling them not possible,' Georgieva stated ahead of the IMF-World Bank annual meetings. The report also details Google's plan to invest $15 billion to build its largest AI and data hub outside the US in Visakhapatnam, Andhra Pradesh, in partnership with the Adani Group. This massive project, announced by Google Cloud CEO Thomas Kurian, includes landing a subsea cable in the city, aiming to transform it into a global connectivity hub and significantly boost India's AI capabilities.