In a global context of recession risks, a 6.3 percent growth rate in India’s Q2 GDP seems robust. But it is still lower than last quarter’s growth, and the outlook is for a further slowdown. October’s core sector growth of 0.1 percent confirms this. This is no time for complacency.
Pentagon report warns of China’s growing nuclear power. India must prepare for dangerous times
The Pentagon’s annual report to the United States Congress warns that China is rapidly modernising its nuclear and conventional forces for a long-drawn strategic competition with the West. Economy troubles and public discontent might slow down China’s build-up. But countries like India need to prepare for the dangerous times ahead.
Vistara-Air India desirable for India. Manage it better than Air India-Indian Airlines merger
Vistara-Air India merger is natural and desirable business consolidation for Tata Group and Singapore Airlines. India needs a large, world-class airline that can compete in both domestic and international markets without creating a monopoly or duopoly. For which the merger should be better managed than the Air India-Indian Airlines marriage.