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.
Young boys who should be sweating about schoolwork are learning how to corner women. Are we now supposed to add children to the list of people we need to protect ourselves from?
Armenia has procured significant defence equipment from India, including artillery guns, multi-barrel rocket launchers, air defence system, sniper rifles, weapons locating radars, anti-drone weapons.
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.
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