In hard-hitting column in The Hindu, former PM Manmohan Singh says 'palpable climate of fear' is stifling economic growth & could end up causing stagflation.
Central banks delivered more than 700 interest rate cuts over the last decade but investors fear keeping rates too low for too long could sap rather than spur growth.
Govt data said inflation in food items dropped to 6.15 % in July from 6.98 % in the previous month, while retail inflation in July fell to 3.15% from 3.18% in June.
RBI’s clear messaging & rate-cut path offer a lesson to peers. There’s no point targeting inflation if growth is waning & the thing you’re aiming at is dormant.
Nostalgia, romance, and a love of heritage alone cannot make the beloved trams of Kolkata sustainable. Simple science can. Transport Minister, are you with us still?
Under this model, battery is provided to EV owners on a subscription basis or lease. With more people open to buying EV cars, the lower upfront cost could likely drive wider acceptance.
The artillery regiment has incorporated simulators in a big way for various functions like driving & weapons training, especially for Agniveers to get realistic training.
Sri Lankan transition was smoothly managed. Check Bangladesh for contrast. They forced their incumbent into exile, installed a mostly unelectable govt of non-political people.
Enabler of demonetization just displayed his ignorance of Economics. But he did get rewarded for the Yes man role.
To be fair to Dr Das, the cookie is not crumbling because of any of his significant decisions.