Former RBI Governor, veteran Bimal Jalan joins ET NOW’s Supriya Shrinate & Tanvir Gill to shed light on issues the global economy is grappling with - the Greece crisis, Fed’s stance on hiking rates in the US and the Chinese market correction, while highlighting their impact on the India story. Dr Jalan is of the view that RBI has room for further rate cuts in India, and while Greece is a global crisis, India isn't linked to Greece on the economic front and will cope with any potential EU crisis. Any serious FDI outflow from India, he says, is very unlikely due to Greece but however, a Fed hike may spark some outflows from equities. Listen in to his expert views, right here!
