While India is unlikely to experience an Evergrande-like crisis, its miniature version can be
dauting too. Owning a house is still a big expenditure for most, writes Deepesh Salgia.
China wants the world to believe its 'state-led development' has eradicated poverty. But as everything else with China, the reality is more complicated than what it seems.
With global output likely contracting 4.2% last year, China’s gains mean it increased its share of the world economy to 14.5%, according to World Bank.
China is set to report GDP increased 2.1% in 2020, the only major economy to have avoided a contraction. The country is now on course to pass the US as the biggest economy in 2028.
In its World Economic League Table, the Centre for Economics and Business Research expects India to move up the rankings to become the No. 3 economy at the end of the decade.
Countering insurgency needs the Pakistan Army to demonstrate a political will that ties leaders at the centre with those in the borderlands. But it may not have the imagination.
Centre for Science and Environment in new report makes case for rationalising GST on waste material, saying most informal operators can’t afford high tax & it also hinders recycling.
21st edition of annual joint military exercise will be held from 1 to 16 September, aimed at sharing military tech, operational best practices & disaster relief coordination methods.
Standing up to America is usually not a personal risk for a leader in India. Any suggestions of foreign pressure unites India behind who they see as leading them in that fight.
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