Speaking at ThePrint's OffTheCuff, Chief Economics Commentator at The Financial Times Martin Wolf said India can afford to increase its debt-to-GDP ratio to 90%, but should avoid borrowing in foreign currency.
The fall was the biggest since the financial crisis of 2008 and included a contraction of 5.8 per cent in the March GDP alone, the biggest monthly fall on record.
HDFC Bank’s lending to large & small companies surged 63% over 2 years through 31 Dec as economy went from world-leading growth to slowest expansion in 6 years.
Despite growing passenger volume, 11 out of 14 carriers reported losses in 2023-24. IndiGo recorded profit of Rs 8,167 crore, which reduced to Rs 7.253 crore in 2024-25.
Of the total package, $649 million will be utilised for additional hardware, software, and support services, and the remaining for Major Defence Equipment (MDE).
None of Pakistan’s PMs has lasted 5 years. That the current PM has given Asim Munir 5 years shows that of all military dictatorships history has seen, Pakistan’s is most creative.
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