The latest annual global markets report by private equity player Blackstone's top executives — Vice-Chairman Byron Wien and Chief Investment Strategist Joe Zidle — mention India in it for the first time in more than three decades that the report is being published.
Titled Ten Surprises for 2020, the report is a list unexpected events that could influence and shape the sociopolitical landscapes worldwide for this year. In a pointer to India, the single closest ‘also-ran’ surprise that didn't make the top 10 projections has to do with the subcontinent.
Specifically, the recently published report says, “Fears of an economic crisis in