India was among the most affected countries when the Federal Reserve slowed down bond purchases in 2013, known as ‘taper tantrum’, which put pressure on the rupee.
From inside the walls of Federal Reserve Building, a massive exercise in financial stabilization provided the most important foundations for Asia’s rebound from Covid-induced slump.
There are signs that foreign lenders are growing more selective with Indian loans, even as they cheer that the nation is moving toward cleaning up about $210 billion of non-performing assets.
Migration in North India isn’t just due to lack of development today. It was shaped by the evolution of labour markets under Sher Shah, Mughals, and the East India Company.
December oil imports from Russia may drop nearly 50%, but Indian buyers already shifting to non-designated Russian entities and opaque trading channels to keep Russian oil flowing.
New Delhi is interested in firming up bilateral agreements for increased trade, mobility, upgrade of Su-30 MKI fighters and the increased range of BrahMos supersonic missiles.
The India-South Africa series-defining fact is the catastrophic decline of Indian red ball cricket where a visiting team can mock us with the 'grovel' word.
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