India is today immeasurably better resourced to make such bets than it was in 1950 or 1954. It has the credibility across divides that Pakistan can never quite claim.
The operating ideology that accessibility is unqualified good and that no peak should be beyond reach turns the mountains into something to be consumed rather than reckoned with.
IOC, BPCL, and HPCL have lost about Rs 20,000 crore due to the fuel price freeze. These losses will accumulate on balance sheets, raise borrowing costs, and circle back to the govt as contingent liabilities.
Newly appointed Foreign Minister of Bangladesh, Kahlilur Rahman, is expected to land in India in April. This will be first high-level outreach since PM Tarique Rahman took office.
In previous eras, a prolonged increase in geopolitical and supply-side risks would have been met with a coordinated fiscal response. This is not the current scenario.
While the Russia-Ukraine war saw the BJP projecting PM Modi as a ‘vishwaguru’ who could end international conflicts, the party has made a nuanced shift in its electoral strategy vis-à-vis the West Asia war.
The methods of the welfarist reduce the productivity of human effort and thus affect the welfare of the invalids as well as of the able-bodied. This is a greater injustice, BS Sanyal wrote in 1957.
Regulator seeks feedback on allowing firms to repurchase shares via exchanges after tax changes, as markets reel from war-led selloff and foreign outflows.
China patiently invested capital, skill and technology in coal gasification. Unlike it, we won’t move from words to action. As crude prices decline, we lose interest.
May not. America accounts for 13% of global trade. It has antagonised almost the entire residual 87%, agnostic to friends and adversaries. They will find ways to work together. Expect the EU to discover that it can co exist peacefully, do good business with China, as it has in the past. It takes a real genius to destroy the relationship with Canada.
May not. America accounts for 13% of global trade. It has antagonised almost the entire residual 87%, agnostic to friends and adversaries. They will find ways to work together. Expect the EU to discover that it can co exist peacefully, do good business with China, as it has in the past. It takes a real genius to destroy the relationship with Canada.