IMF’s upward revision of India’s growth for current and next two years shows our economic fundamentals are strong. Our low base necessitates maintaining this growth rate for many more years. With subdued consumer demand compounding private sector’s unwillingness to invest, pressure’s going to be on Centre to keep spending big.
With Imran Khan in jail, a sham election is being mounted in Pakistan to bring Nawaz to power
In just 24 hours, Imran Khan has been convicted and sentenced to jail twice. Once Pakistan Army’s selected PM, the attempt now is to ensure he stays behind bars and his party PTI is banned. A sham election is now being mounted to bring another ‘selected’ Nawaz Sharif to power.
JP Nadda crediting Chandigarh mayoral victory to development in UTs laughable. It tarnishes Modi’s image
BJP’s victory in Chandigarh Mayoral election with 16 votes as against AAP-Congress’ 20 is a marvel. Presiding authority-cum-BJP worker invalidating eight votes did the trick. What’s more, a poker-faced JP Nadda crediting it to development in UTs under PM Modi is laughable irony. It actually tarnishes a popular PM’s image.
Government has been leading the capital investment surge. Especially railways and roads. Would it not be better for the economy if the private sector were investing more, responding to buoyant private consumption.