A red-hot economy was India’s greatest strategic strength. It's now diminishing and damaging India’s stature, as reflected in responses to the Kashmir crisis.
The fall in GDP growth needs to be reversed before it becomes a sustained downward spiral. Sharp tax cuts can help, as can a move away from the tax raids policy.
Overall jump in demand came mostly because of rise in demand from states that added large number of households to electricity network for the first time.
Even a record $24 billion payout by the RBI failed to excite markets as foreign funds pulled $2.3 billion from shares in August, the biggest outflow since October.
Countering insurgency needs the Pakistan Army to demonstrate a political will that ties leaders at the centre with those in the borderlands. But it may not have the imagination.
Centre for Science and Environment in new report makes case for rationalising GST on waste material, saying most informal operators can’t afford high tax & it also hinders recycling.
21st edition of annual joint military exercise will be held from 1 to 16 September, aimed at sharing military tech, operational best practices & disaster relief coordination methods.
Standing up to America is usually not a personal risk for a leader in India. Any suggestions of foreign pressure unites India behind who they see as leading them in that fight.
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