Central to China's growth model was the property sector — housing construction, land sales, and real estate investment. The consequences of that dependency are now becoming evident.
Multiple companies have invoked the principle of ‘force majeure’, which lets a party off the hook in case of unforeseen ‘acts of God’, to avoid penalties.
The latest World Economic Forum outlook for the year shows a modest improvement in confidence, but mounting concerns over debt, AI-driven volatility and a fractured trade order.
Survey says that India, in light of significantly-changed external scenario, needs to focus on domestic growth drivers and reduce regulations impeding them.
Cooperation levels have flatlined over the past 3 years, at a precarious time for global economy and security, when the past year was hottest on record.
As BRICS transitions into BRICS 10, China leverages this expansion to promote its vision of a multipolar world, while India’s cautious stance remains a focal point in Chinese strategic discussions.
Space technologies will increasingly permeate everyday life, continuing to enable innovations like smart watches, advanced pharmaceuticals, and extreme weather alerts.
The transition to renewable energy, digitalisation of the economy and pressure to keep pace with developments in cutting-edge technology all hinge on a select few minerals.
Ambassador Golam Sarwar said that it was crucial to enhance regional cooperation in order to confront the current economic challenges and promote development.
'Over-concentrations stemming from globalisation & use of economic coercion by states have put premium on resilience & redundancy,' said EAM in virtual address at Nikkei Asia 2024 Future of Asia Forum.
Recent data does not support any dramatic shift away from the dollar. As per IMF, the share of international transactions conducted in dollars has declined from 56.90% to 56.77%.
Increase in employment subsidy, Rs 500 crore for estate revamp, new townships in pipeline—but land cost, power breakdowns and inspector raj top among key worries for industry leaders.
CDS Anil Chauhan says future space capability will not be built by government agencies alone. ‘It will be co-developed with industry, start-ups, and technology innovators’.
American objectives are unmet. They neither have muscle nor motivation to resume the war. As for Iran, the regime didn’t just survive, it’s now led by more radical individuals.
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