IL&FS failed to service principal and interest on loans from banks, inter-corporate deposit and commercial papers totalling 33.9 crore rupees due for the period from Sept 30 to Oct 4
Even as India, Pakistan have seemed on the edge of war, their intelligence services have often sought to find space to de-escalate tensions and reduce risks for the two countries.
Speaking at 2nd Investor Connect, CM Vishnu Deo Sai says 'we have been able to attract a lot of investors.' The focus of the event was the steel sector.
Not only did S-400 record its longest hit during India-Pakistan 88-hour conflict, ability of the system to shoot and scoot in a short time, which allows it to evade enemy fire, was also proved.
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.
The RBI is in a tough spot. It needs to protect the rupee, fight inflation, but not throw in the towel on growth either. To be perfectly fair, a 25 basis points increase would not have put out the raging fires either. India has been on a 24 / 7 election fighting mode for so long, we seem to have forgotten that there is something called an economy that needs to be helmed, mentored, managed.
The RBI is in a tough spot. It needs to protect the rupee, fight inflation, but not throw in the towel on growth either. To be perfectly fair, a 25 basis points increase would not have put out the raging fires either. India has been on a 24 / 7 election fighting mode for so long, we seem to have forgotten that there is something called an economy that needs to be helmed, mentored, managed.