Topic: BOP
Why did India not fulfil its economic potential? New book outlines ‘economics of non-performance’
In 'The India Story', former RBI governor Bimal Jalan writes that much remains to be done about our economy since the boost of the 1990s.
India records current account deficit of 0.2% of GDP in December quarter
PTI -
In the current fiscal, as Covid impacted trade, current account had been in surplus in the previous two quarters, according to balance of payments data released by RBI Wednesday.
On Camera
YourTurn
India has debated sedition at length but it won’t go without the overhaul of justice system
Preventive Detention has stayed its course because India didn’t invest much in the investigative competence of the police, or legal acumen of the prosecutors.
World’s $300 trillion in debt. Here’s what it means for services like health, education
To meet debt payments, at least 100 countries will have to reduce spending on essential services, the IMF estimates.
Defence
As drones usher in new era of warfare, India’s growing UAV industry begins to take flight
With a growing indigenous base of drone manufacturers and exporters, and incentives from government, industry sentiment is bullish. However, some concerns remain.
Mandir or Masjid? New surveys not needed, just acceptance of truth & move towards reconciliation
That temples were destroyed and mosques built is undisputed history. The past can’t be changed, but we can’t deny the wrongs of the past either before we consider reconciliation.