Coronaviruses alone have caused three global outbreaks in the last 20 years. Even more troubling, the duration between these three pandemics has gotten shorter.
Asia is expected to contribute 60% of global growth by 2030. India’s massive demographic dividend and burgeoning middle class will aid economic growth.
India already has a trade deficit with 11 RCEP countries. Potential losses from foreign goods, who would find more space in Indian market, likely led to rejection.
Analysts says Asia is rising also in terms of integrating rapidly, arguably setting the pace for a new stage of globalisation — localisation and regionalisation.
The benchmark 10-year sovereign bond yield dropped about 50 bps in July. Each basis point fall in the yield adds Rs 350 crore to banks’ treasury gains.
Until now, units operating even in recognised industrial areas needed a separate factory licence. The move is expected to especially give a boost to small and medium enterprises.
As Narendra Modi becomes India’s second-longest consecutively serving Prime Minister, we look at how he compares with Indira Gandhi across four key dimensions.
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