China has a history of hiding loans as trade credit or routing them through special purpose vehicles. It exacerbated, but didn't cause economic mismanagement in borrowing nations.
Europe’s pledge to wean itself off Russian gas more slowly is actually a bad tactic. It tells Putin that his best chance of financing his war with gas revenues is now.
For India, food will be dearer in 2022. The tradeoff between high growth and high inflation is tricky, and RBI has the unenviable task of balancing it.
Sri Aurobindo had said Bankim’s life was a parcel of the 'most splendid epoch in Bengali history.' Anandamath was written to make India more formidable.
If Russia can enforce its international will by war and threats to use weapons of mass destruction, China will not be far behind in employing those tactics.
The army realises its very existence will be in danger if the political dispensations mend the fence with India and turn Pakistan into a truly functional democracy.
Nobody is safe in a market where competition is stunted and choice limited. For the industry, meaningful reform will have to start with the government itself.
Data shows re-alignment in India’s exports, with Tamil Nadu & Telangana posting strong growth in 2024-25 as traditional heavyweights Gujarat & Maharashtra see declines. Gujarat still leads, though.
Of the total package, $649 million will be utilised for additional hardware, software, and support services, and the remaining for Major Defence Equipment (MDE).
Don’t blame misfortune. This is colossal incompetence and insensitivity. So bad, heads would have rolled even in the old PSU-era Indian Airlines and Air India.
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