The prime minister said that it was his government after Atal Bihari Vajpayee's that had brought prices under control unlike the erstwhile Congress government.
What's troubling the market - beyond the known $100 billion deficit for next fiscal - is the additional, below-the-radar govt funding it's being asked to provide.
It is necessary to break the spell of socialist dogma on the imagination of those attracted by its Utopia as the only scientific way of progress, wrote MA Venkatarao in 1963.
While bond yields tend to fall amid low inflation & interest rate cuts, market experts say they’ve been rising due to concerns over tax collections, fiscal deficit & potential impact of US tariffs.
It is one of the most advanced long-range air defence and anti-missile radars. It has been acquired under an about USD 145-million deal signed in 2020.
To be truly functional and durable, even eternal, a state doesn’t just need a leader, a party or an ideology. It needs functional and robust institutions.
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