Private bond placements have long accounted for the vast majority of debt sales in India’s credit market. A bigger public debt market should help reduce borrowing costs for issuers.
For India, this is not an opportunity for schadenfreude but rather a reflection of shared responsibility. It's what happens when the governance framework underpinning economic growth is weakened.
Research paper, however, finds lowest indebtedness level among Muslims at 12.3% & highest among Hindus at 14.9%. Overall national financial inclusion level at 87.2%, indebtedness at 14.7%.
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.
On 21 Oct, a buzz went up that the govt had released full list of gallantry award recipients along with Op Sindoor citations. I put an AI caddy on the job. It took me into a never-ending rabbit hole.
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