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.
When reading the book, one can see Roy’s mother as a 'fascist government' unto herself, the centre of her own cult. In Arundhati’s words, Mary Roy was ‘mother guru’.
ED has accused Amtek promoter Arvind Dham of controlling web of nearly 500 shell companies operating as a layered structure, with up to 15 levels of indirect ownership, to divert funds.
China flaunted military might & modernisation as it displayed stealth drones, anti-satellite system & cyber warfare contingent during parade to mark victory over Japan in WWII.
From Munir’s point of view, a few bumps here and there is par for the course. He isn’t going to drive his dumper truck to its doom. He wants to use it as a weapon.
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