The prospects of the economy generating the resources to discharge the obligations that must be defrayed soon do not look good. It could transmute into a declaration of default.
Nobody is calling for haste in the disinvestment process, but there’s no reason for the current pace. Perhaps for political reasons, govt can’t take back the policy—it's admitting defeat.
In his closing column, T.N. Ninan looks back at the forecast that the BRICS economies would overtake the US, Japan, Germany, UK, France, and Italy, and how far that prophecy has been fulfilled.
Agreement signed by Indo-Pacific Economic Framework for Prosperity (IPEF) partners being seen as counter to reducing reliance on China, particularly after Covid-induced supply disruptions.
Most Indians are spending more on essential items than last year while earning either less or the same amount. No wonder they turn to 'buy now, pay later' schemes.
The region's strength resides in its diversity of languages, cultures, economies and, most critically, its vibrant and increasingly tech-savvy young population.
It’s hard to build a house, run a business, or do anything without paying bribes. And yet, citizens’ anger about this open, unchecked corruption won’t erupt into Anna Hazare-type rallies.
As many as 21 policy reforms are under implementation following Invest Kerala Global Summit, as LDF govt works to change perception that the state is not conducive to businesses.
Amid continued concerns over cross-border terrorism, General Upendra Dwivedi further warned the neighbour that India will not show restraint if there is an Op Sindoor 2.0.
Pakistan’s army has been a rentier force available to a reasonable bidder. It has never come to the aid of any Muslims including Palestinians or the Gazans, except making noises here and there.
COMMENTS