England’s consumer inflation hit a 40-year high of 9.4% in June, over 4 times the Bank’s 2% target. Putin’s weaponisation of gas supplies will drive inflation even higher, some feared.
RBI has so far taken a leaf each from the US Fed & ECB’s books to manage bond yields using unconventional tools, as inflation keeps it from cutting rates.
From disruption to supply routes due to higher temperatures to rising sea levels, drought & land degradation increasing migration, extreme weather is causing economic shocks.
The company had secured orders worth over Rs 100 crore from the Indian Army in November last year. Its UAVs are deployed along India’s borders with Pakistan & China.
Rating democracies is a tricky business. I am only using the simple metric of who in the Indian subcontinent has had the most peaceful, stable, normal political transitions and continuity.
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