The recovery will come due to a combination of fiscal stimulus and financial sector reforms, says the UN report. South Asia’s growth is also expected to rebound.
In hard-hitting column in The Hindu, former PM Manmohan Singh says 'palpable climate of fear' is stifling economic growth & could end up causing stagflation.
The drop in sales is indicative of the economic slowdown becoming more entrenched, and will add pressure on policymakers to ease fiscal & monetary policy.
PM insists it will be a non-populist Budget; experts also feel this govt has shown willingness to buck past trends and concentrate on fiscal deficit targets.
Disenfranchisement by institutional fiat is profoundly undemocratic. The effect of the ECI's new documentary process in Bihar will tilt the scales in favour of the BJP.
Mini deal will likely see no cut in 10% baseline tariff on Indian exports announced by Trump on 2 April, it is learnt, but additional 26% tariffs are set to be reduced.
India-Russia JV is also racing to deliver 7,000 more AK-203 assault rifles by 15 Aug. These are currently being made with 50% indigenisation and this will surge to 100% by 31 December.
Public, loud, upfront, filled with impropriety and high praise sometimes laced with insults. This is what we call Trumplomacy. But the larger objective is the same: American supremacy.
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