The combination of China’s rapid reemergence as a global power and a US led by an unstable president are increasing geopolitical risks, but India is too immersed in fighting internecine battles.
It is highly likely that investors have realised the U.S. market has become very expensive. And, the cash yield offered by S&P 500 companies can no longer keep pace with rising interest rates.
Over generations, Bihar’s bane has been its utter lack of urbanisation. But now, even Bihar is urbanising. Or let’s say, rurbanising. Two decades under Nitish Kumar have created a new elite in its cities.
Indian govt officials last month skipped Turkish National Day celebrations in Delhi, in a message to Ankara following its support for Islamabad, particularly during Operation Sindoor.
Bihar is blessed with a land more fertile for revolutions than any in India. Why has it fallen so far behind then? Constant obsession with politics is at the root of its destruction.
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