The test raises a question. Why have Russian nuclear strategists now invested in the Burevestnik, when the US abandoned nuclear ramjet propulsion in 1964?
Tajikistan did not want to extend the lease because of apparent pressure from Russia & China over non-regional military personnel at the air base, it is learnt.
On 21 Oct, a buzz went up that the govt had released full list of gallantry award recipients along with Op Sindoor citations. I put an AI caddy on the job. It took me into a never-ending rabbit hole.
It is evident that India is unwilling to embrace globalisation in its true sense. There are too many legacy renters, like the APMCs, standing between producers and consumers, to the detriment of both. 2. There is a delicious irony in Jet Airways being acquired by the Tatas. For several years, Naresh Goyal wrote India’s civil aviation policy, succeeded in keeping out a consortium of Tatas and Singapore Airlines that would have taken over Air India and turned it around. The entire numerical soup of the FDI policy for various sectors bears the imprint of dominant local players who wanted to keep foreign competition out. It also compelled successful foreign firms to take local partners who brought little more to the table that networking ability. 3. There has been virtually no worthwhile conventional FDI in export oriented manufacturing in the last five years, which deepens the economy and creates employment. Foreigners are either buying shares – more recently bonds – or investing in service sector firms, as in the present case. Set the ED on them and kiss goodbye to serious investment.
… rentiers …
It is evident that India is unwilling to embrace globalisation in its true sense. There are too many legacy renters, like the APMCs, standing between producers and consumers, to the detriment of both. 2. There is a delicious irony in Jet Airways being acquired by the Tatas. For several years, Naresh Goyal wrote India’s civil aviation policy, succeeded in keeping out a consortium of Tatas and Singapore Airlines that would have taken over Air India and turned it around. The entire numerical soup of the FDI policy for various sectors bears the imprint of dominant local players who wanted to keep foreign competition out. It also compelled successful foreign firms to take local partners who brought little more to the table that networking ability. 3. There has been virtually no worthwhile conventional FDI in export oriented manufacturing in the last five years, which deepens the economy and creates employment. Foreigners are either buying shares – more recently bonds – or investing in service sector firms, as in the present case. Set the ED on them and kiss goodbye to serious investment.