Central banks delivered more than 700 interest rate cuts over the last decade but investors fear keeping rates too low for too long could sap rather than spur growth.
When purchasing power dries up so much that rural labourers & urban blue-collar workers have to think twice about biscuits, then the situation is desperate.
Ratings of some firms of billionaires Ajay Piramal, Pallonji Mistry & MP Lodha have been cut as the business environment worsened and funding costs rose.
Things are slipping in the Northeast. The Centre needs to build a larger team and back it with political clout. However, the larger Pakistan issue is a little more complex.
While main elements behind terror module have been nabbed, more arrests will take place, including some professors & academicians who were part of the ring, it is learnt.
Bihar is blessed with a land more fertile for revolutions than any in India. Why has it fallen so far behind then? Constant obsession with politics is at the root of its destruction.
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