Spreading debt woes have fueled talk that the NBFC crisis is entering a second, more dangerous, phase, posing broader risks to Indian financial system.
Nitish Kumar has mastered the rhythm of renewal in Bihar. In a democracy of churn and chance, endurance may be the rarest—and most refined—form of political art.
While the move could free up grid capacity struggling to keep up with rapid renewable rollout, it would be a major setback for green ambitions. India aims to double clean power capacity to 500 gigawatts by the end of the decade.
This world is being restructured and redrawn by one man, and what’s his power? It’s not his formidable military. It’s trade. With China, it turned on him.
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