For long-term investors and for institutional entities with substantial balance sheets, the effect is marginal. The primary burden is borne by high-frequency retail traders.
The enhanced budget helps, but internal stock-taking and preliminary steps have to be taken before the tagline Sahkar Se Samriddhi—from co-operation to prosperity—becomes a reality.
Administrative efficiency and targeted schemes can ease frictions, but they cannot offset the competitiveness loss from expensive imported intermediates.
China, which harbours ambitions to control the Yarlung Tsangpo, as the Brahmaputra is known in Tibet, is moving ahead with its mega hydropower project at Motuo.
A sound tax system is one based on the ability to pay or economic surplus. But the STT taxes the circulation of capital and not its returns, making it deeply distortionary.
Union Budget brings home to markets the unpleasant reality of fiscal dominance where RBI ends up prioritising deficit financing over its primary function of inflation control.
General MM Naravane’s memoir—Four Stars of Destiny—reveals that he was left hanging by political leadership for more than two hours as Chinese tanks drove towards Indian positions.
The key to fighting a war successfully, or even launching it, is a clear objective. That’s an entirely political call. It isn’t emotional or purely military.
Even I was treated shabbily by Air India. But The Print would not allow me to write an article on it.
Vir Sanghvi has some special privileges with The Print. Just because some relative of his was downgraded, he wrote an entire article on Air India. And Shekhar Gupta published it too.
Very well written article. The fact is that the airline is trying to bite more than it can chew at the moment by expanding Voraciously and ignoring passenger concerns. It is also being run by a management team which is headed by Leaders who have only low cost airline experience and exposure as they have all been hired from Indigo or scoot . From the time Tatas have taken over the airline, they have enjoyed a monopoly on USA and Canada routes due to the Russia Ukraine war as the airspace remains closed to all the Usa Major airlines. Once this situation ends, then they will face stiff competition. Just blaming the old employees is not a solution but rather an excuse to cover up the blunders the new management team is making. Once Tata house realises this and cleans up this management and gets proper Professionals who have run Major full service airlines, may be things will change for the better.
Even I was treated shabbily by Air India. But The Print would not allow me to write an article on it.
Vir Sanghvi has some special privileges with The Print. Just because some relative of his was downgraded, he wrote an entire article on Air India. And Shekhar Gupta published it too.
Very well written article. The fact is that the airline is trying to bite more than it can chew at the moment by expanding Voraciously and ignoring passenger concerns. It is also being run by a management team which is headed by Leaders who have only low cost airline experience and exposure as they have all been hired from Indigo or scoot . From the time Tatas have taken over the airline, they have enjoyed a monopoly on USA and Canada routes due to the Russia Ukraine war as the airspace remains closed to all the Usa Major airlines. Once this situation ends, then they will face stiff competition. Just blaming the old employees is not a solution but rather an excuse to cover up the blunders the new management team is making. Once Tata house realises this and cleans up this management and gets proper Professionals who have run Major full service airlines, may be things will change for the better.