Topic: Budget 2020

India has done great in regulation because it took time to think things through. The US banking crisis should encourage Modi govt to avoid rush jobs like demonetisation.

Switzerland’s 2nd largest bank has been merged with country’s largest bank & its rival UBS for a lot lower than its market value. Regulators say this was the best way forward.

Over the last two decades 18 to 22 incidents involving the ALH Dhruv have been reported. Experts say the malaise in the ALH fleet could be related to design & engineering issues.  

Modi govt's thrust on manufacturing is much-needed but it is pushing Indian manufacturing in the direction of outsourcing, same as our services industry.