Report by the PHD Chamber of Commerce and Industry says domestic gold production is expected to rise from 16 tonnes to 100 tonnes by 2030, eliminating the need for imports.
The reserves, however, are sufficient enough to cover for the next nine months of import requirements, and policy makers are not worrying too much as of now.
In 2022, athletes claimed they were asked to wind up training early at Thyagraj Stadium so that the IAS couple could walk their dog. Then came the memes and public outrage.
Instead of buying more Mirages outright in early 2000s, the requirement was tweaked in favour of a medium-weight, multi-role fighter with Mirage-like performance.
Pakistan not only has zero chance of catching up with India in most areas, but will inevitably see the gap rising. Its leaders will offer its people the same snake oil in different bottles.
High amount of money pulled out through divestments/ repatriations is not necessarily a bad thing. It shows that investors who had invested over earlier years have probably made capital gains and have returned money to original investors. That sets a good track record for foreign investors and adds credibility. But this hypothesis needs to be cross checked against the type of money pulled out which analysis was not focussed on in this episode. One of the problems in China is that foreign investors have not be able to repatriate or divest their holdings in China as compared to the massive investment coming ‘in’ the country.
High amount of money pulled out through divestments/ repatriations is not necessarily a bad thing. It shows that investors who had invested over earlier years have probably made capital gains and have returned money to original investors. That sets a good track record for foreign investors and adds credibility. But this hypothesis needs to be cross checked against the type of money pulled out which analysis was not focussed on in this episode. One of the problems in China is that foreign investors have not be able to repatriate or divest their holdings in China as compared to the massive investment coming ‘in’ the country.