TMC emerged victorious in over 6,450 panchayat samiti seats, while the BJP won nearly 1,000 seats, the CPI(M) and the Congress won over 180 and 260 seats, respectively.
In India's ‘first-past-the-post’ system, there's a perverse incentive for political parties and candidates to overtly antagonise one section of voters to secure another section’s votes.
By consolidating 29 laws into four codes, compliance is streamlined and regulations are simplified, improving “ease of doing business”. This is bound to improve investor confidence.
It will be tough for Reserve Bank of India Governor Sanjay Malhotra to get right. Rupee is the worst-performing Asian currency this year against the dollar.
Indigenisation level will progressively increase up to 60 percent with key sub-assemblies, electronics and mechanical parts being manufactured locally.
It is a brilliant, reasonably priced, and mostly homemade aircraft with a stellar safety record; only two crashes in 24 years since its first flight. But its crash is a moment of introspection.
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