The 16th Finance Commission’s recommendation to discontinue Revenue Deficit Grants (RDGs), handed out by the Centre to states, would be a blow to Himachal Pradesh.
Increasingly, lenders have stepped in where equity funding has slowed amid global market volatility. But instead of helping startups, they end up extracting a pound of flesh that outlasts the crisis itself.
India will hold 'Voice of Global South' summit on 12 & 13 January. Inputs from developing nations will be channelised into larger discourse, says foreign secretary Vinay Kwatra.
Pakistan and IMF are engaged in tough talks in Doha over the $3 billion loan programme. It's just that IMF can see through Debt-ridden Pakistan's designs.
When Pakistan goes bankrupt in a few months, China could be looking for an alternative route to ports in the Indian Ocean. Can Delhi alter the South Asian geopolitics?
India's centrality in the Indo-Pacific trade architecture should have made New Delhi launch IPEF much before US President Joe Biden did. It can still be a rule maker.
China has a history of hiding loans as trade credit or routing them through special purpose vehicles. It exacerbated, but didn't cause economic mismanagement in borrowing nations.
Fears that an escalation of the conflict could heighten a fuel squeeze & endanger the economy unnerved traders, with NYT reporting Iran stopped negotiating a truce with the US.
China patiently invested capital, skill and technology in coal gasification. Unlike it, we won’t move from words to action. As crude prices decline, we lose interest.
Himachal has high level of outward migration.
So, percentage of old people is increasing.
In a country like India, there should be some way of bringing back money of people going out. Like force people to send money home to ageing parents. This will avoid the need for state pensions.
Himachal has high level of outward migration.
So, percentage of old people is increasing.
In a country like India, there should be some way of bringing back money of people going out. Like force people to send money home to ageing parents. This will avoid the need for state pensions.