US investors concerned over India’s economic slowdown, social unrest and Modi’s disinterest
Countries like Australia, Britain, China have offices across the world with the sole mission to bring FDI. India doesn’t have a global investment promotion agency.
Has IMF’s Gita Gopinath made India a convenient scapegoat by blaming it for global slowdown?
The IMF has pegged India’s economic growth forecast to 4.8 per cent for 2019-2020, much less than its October 2019 projection of 6.1 per cent.
Defence
Adani out of race for mega Navy submarine deal, Ministry of Defence shortlists 2 firms
Congress had alleged Modi govt was trying to favour Adani Group, though Navy had rejected its bid earlier.
Under Modi-Shah, BJP is back to being the Bharatiya ‘Baniya’ Party
BJP under Modi-Shah is returning to its protectionist, anti-MNC, technophobic old notions, underlining that strong governments can also be more risk-averse.