November exports to the US saw 10% growth from the previous month. Overall, in the first 8 months this fiscal, the merchandise exports to the US touched has touched $59bn.
Of the total package, $649 million will be utilised for additional hardware, software, and support services, and the remaining for Major Defence Equipment (MDE).
Don’t blame misfortune. This is colossal incompetence and insensitivity. So bad, heads would have rolled even in the old PSU-era Indian Airlines and Air India.
Not just lenders who buy different categories of government bonds, serious investors would first want the government accounts to be cleaned up, official statistics to begin to reflect the true state of the economy. The large amount of funds borrowed by the railways for capital expenditure are not leading to higher earnings from passengers and freight. Road projects have not proved to bankable / profitable for private firms, unclear how they will fare in the hands of NHAI. The new FM should stamp her authority from the first Budget. The economy will not be able to sustain another term of pedestrian helming.
Not just lenders who buy different categories of government bonds, serious investors would first want the government accounts to be cleaned up, official statistics to begin to reflect the true state of the economy. The large amount of funds borrowed by the railways for capital expenditure are not leading to higher earnings from passengers and freight. Road projects have not proved to bankable / profitable for private firms, unclear how they will fare in the hands of NHAI. The new FM should stamp her authority from the first Budget. The economy will not be able to sustain another term of pedestrian helming.