What's troubling the market - beyond the known $100 billion deficit for next fiscal - is the additional, below-the-radar govt funding it's being asked to provide.
The IndiGo crisis is nothing short of a threat to India’s stability. Could it be an experiment? Can this happen in any other crucial sector like power or railways?
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.
It is argued that India-Israel ties are moving from buyer–seller dynamic to one focused on joint development & manufacturing partnership, a shift 'more durable' than traditional arms sales.
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.
Remember that there is 10 weeks of Election Commission mandated freeze on any decision making. Under normal circumstances if things appear going the wrong way then adequate steps are taken. Also the foreign investors also freezes investments, waiting for people’s mandate. No steps could be taken hence even if you knew about bad things happening, no steps are possible without inviting opposition parties ire. Now all the election process is over, I am guessing urgent steps are underway to stop further decline, rather steps would be taken to change economy to the right way.
Bahut ho gaya public expenditure ka stimulus. Only the road contractors are smiling. Leave more resources for households to consume, private businesses to invest.
Remember that there is 10 weeks of Election Commission mandated freeze on any decision making. Under normal circumstances if things appear going the wrong way then adequate steps are taken. Also the foreign investors also freezes investments, waiting for people’s mandate. No steps could be taken hence even if you knew about bad things happening, no steps are possible without inviting opposition parties ire. Now all the election process is over, I am guessing urgent steps are underway to stop further decline, rather steps would be taken to change economy to the right way.
Bahut ho gaya public expenditure ka stimulus. Only the road contractors are smiling. Leave more resources for households to consume, private businesses to invest.