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.
CSE, one of India’s oldest bourses, is edging towards a voluntary exit. It could never recover from market manipulation scam that caused a payment crisis at exchange back in 2001.
Fresh details of operation conducted by IAF, Army have come out in gazette notification giving citations of those who were awarded Vir Chakra for their bravery.
Education, reservations, govt jobs are meant to bring equality and dignity. That we are a long way from that is evident in the shoe thrown at the CJI and the suicide of Haryana IPS officer. The film Homebound has a lesson too.
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