Finance minister says demonetisation led to one crore people filing I-T returns and helped agencies detect and de-register over 3 lakh shell companies.
While Pakistan and China are focussing on modernising their armament, India’s own modernisation process could suffer because of the small increase in budget.
The Italian term sprezzatura—a studied nonchalance that conceals intention—best captures the spirit of Trump’s foreign policy so far. The pattern is unpredictability, transactionalism, and disruption as diplomacy.
With 20.2 percent of its total loans in default by the end of last year, Bangladesh had the weakest banking system in Asia. Despite reforms, it will take time to recover.
This world is being restructured and redrawn by one man, and what’s his power? It’s not his formidable military. It’s trade. With China, it turned on him.
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