The SBI Fund Management report says China invests 42% of GDP & consumes 40%, while US invests 22%, but household consumption stands at 68%, showing stark differences in economic priorities.
China’s property sector is grappling with huge losses, manufacturing has been shrinking, and youth unemployment hit a record high in June. ‘Economy progressed too fast,’ expert says.
Economic troubles have left Chinese provincial governments on a sticky wicket, leading to the slowdown of the country's ambitious Belt and Road Initiative.
This year, Jawan and The Kerala Story both won National Awards. The irony was impossible to miss. One critiqued the system, the other endorsed its narratives. The dichotomy says more about India’s cultural schizophrenia than any film review ever could.
New CPI series will take 2024 as base year, will provide more accurate measure of inflation, spending on digital services. Expected to enhance representation and reliability, says Saurabh Garg.
The agreement, signed after meeting between Rajnath and US Secretary of War Pete Hegseth on sidelines of ADMM-Plus in Kuala Lumpur, aims to deepen bilateral ties in the critical sector.
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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