IMF chief economist Gita Gopinath warned that the global economy is in a 'synchronised slowdown' and called for policymakers to cooperatively deescalate trade and geopolitical tensions.
Airshows are thrilling spectacles of aviation skill and engineering marvels. But they carry inherent risks as the crew is pushing the aircraft, and themselves, to perform at the edges of the envelope.
While global corporations setting up GCCs in India continue to express confidence in availability of skilled AI engineers, the panel argued that India’s real challenge lies elsewhere.
Wing Commander Namansh Syal is survived by his wife, their 6-year-old daughter and his mother. Back in his native village, relatives and neighbours wait for his remains for last rites.
It is a brilliant, reasonably priced, and mostly homemade aircraft with a stellar safety record; only two crashes in 24 years since its first flight. But its crash is a moment of introspection.
All economists have been saying the same thing. India has gone as far as it could with the politically easier reforms it has undertaken since 1990. What are left are the politically tougher reforms – labour laws, land acquisition, education and judicial. They won’t happen until Modi-Shah feel politically secure. There is no easy way to get back to 7%+ growth rates.
At least I was never surprised, even less so than after Demonetisation. It seemed to me that all the compliments about India being the one bright spot in the global economy, including several from the IMF, were polite small talk. Look back to May 2014 and try to identify one inspired initiative on the economy.
Modi has no time for phoren experts. He is happy with his local pakida team.
Tell us something new please.
All economists have been saying the same thing. India has gone as far as it could with the politically easier reforms it has undertaken since 1990. What are left are the politically tougher reforms – labour laws, land acquisition, education and judicial. They won’t happen until Modi-Shah feel politically secure. There is no easy way to get back to 7%+ growth rates.
At least I was never surprised, even less so than after Demonetisation. It seemed to me that all the compliments about India being the one bright spot in the global economy, including several from the IMF, were polite small talk. Look back to May 2014 and try to identify one inspired initiative on the economy.
What about the IBC? You can google if you don’t know about it…