Debjit Chakraborty
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Our dark financial tunnel could get longer — that’s the message from bad loans of SBI Cards
Credit card debt as a percentage of the total is tiny, but it is expensive credit, and default is usually a sign that personal finances are in trouble.
Future rate cuts depends on moderation in inflation, says RBI Governor Shaktikanta Das
The reconstituted Monetary Policy Committee, which met from 7 to 9 October, had decided to keep the benchmark lending rates unchanged in view of the hardening of retail inflation.
Defence
Navy demonstrates combat readiness with video of missile destroying ship in Arabian Sea
The missile was fired by frontline corvette INS Prabal as part of a mega naval drill involving aircraft carrier INS Vikramaditya, attack helicopters, and aircraft.
Trump or Biden? Doesn’t matter to India-US ties as they’re in a full, strategic embrace
Pompeo & Esper’s visit to India for the 2+2 talks is proof that old hypocrisies are history, and supreme national interest has again driven a strategic choice.