Michael Patra, in a speech at Sixth Asia KLEMS Conferenc, said it is widely believed that structural slowdown has been spreading across global economy after growth peaked in 2010.
The services sector accounts for more than 50% of India's GDP. Asia's third-largest economy expanded 6.1% in the March quarter, one of the fastest-growing emerging markets.
Its manufacturing sector is focused on metals, chemicals, food processing. These don’t generate the multiplier effects of newer industries in Maharashtra and Tamil Nadu.
The shock of a bank failure is both immediate and long lasting. This kind of situation led to radical solutions in 1826 – essentially a restructuring of UK banking services.
New bill aims to fix key issues with IBC 2016, including delays & patchy implementation, and protect creditors, with window for genuine promoters to retain control of their companies.
New Delhi: Chinese Foreign Minister Wang Yi Tuesday pushed for a “dual-track” progress for ties with India, separating economic ties from the boundary question,...
Now that both IAF and PAF have made formal claims of having shot down the other’s aircraft in the 87-hour war in May, we can ask a larger question: do such numbers really matter?
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