Veteran architect Ashok Lal attributed the now irrevocable change in Old Delhi to the influx of trade. First demographic change came with Partition, and the second with the railway station.
In the last decade, at least five havelis have been restored. It’s a labour of love that needs deep pockets, patience, and a passion for the past—all to bring Old Delhi to its former glory.
UCBs accounted for 1.8% of total industry credit in September 2025—down from 2.2% five yrs ago—showing that they are losing ground to faster PSU banks.
This is the game every nation is now learning to play. Some are finding new allies or seeing value among nations where they’d seen marginal interest. The starkest example is India & Europe.
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