Undoing the consequences of political meddling and restoring faith in a central bank – and the country’s currency – often requires a lot of short-term pain.
The Southeast Asian theatre is central to the Great Power contest between the US and China. It’s also a landscape where middle powers—France, the UK, Turkey—are shaping the strategic environment.
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.
Capable of being fired in plain and high-altitude areas, it has day-and-night capability and two-way data link to support post-launch target, aim-point update.
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.
More than in a rich, powerful country like the US, autonomous institutions can help raise the quality of governance in a country like India where administrative structures are weak, resources inadequate to deal with challenges. So if they are denuded of autonomy and independence, ultimately the resultant suboptimal outcomes end up hurting the incumbent electorally. Dogged, near double digit inflation played a role in UPA II being voted out of office.
More than in a rich, powerful country like the US, autonomous institutions can help raise the quality of governance in a country like India where administrative structures are weak, resources inadequate to deal with challenges. So if they are denuded of autonomy and independence, ultimately the resultant suboptimal outcomes end up hurting the incumbent electorally. Dogged, near double digit inflation played a role in UPA II being voted out of office.