The Kerala govt has decided to levy tolls on the roads built under KIIFB, attributing it to the Union government’s decision to the body’s borrowings under state limits.
The risk of foreign currency borrowing can be minimised if govt and RBI stick to FRBM Act and inflation-targeting frameworks. A Public Debt Management Agency also needs to be set up.
Kerala is the first local government to sell an offshore rupee-denominated bond & will list Rs 21.5 billion of Masala bonds on the London Stock Exchange Friday.
The RBI has ensured that the rupee is stable which has given international investors the confidence to buy Indian assets including masala bonds, said a portfolio manager.
The attack on Chhayanaut, newspaper offices, and the public lynching of a Hindu man show that Bangladesh is heading toward Islamist rule, far removed from electoral democracy.
It is argued that India-Israel ties are moving from buyer–seller dynamic to one focused on joint development & manufacturing partnership, a shift 'more durable' than traditional arms sales.
If Pathaan gave both conservatives and liberals room to hide, Dhurandhar extends no such courtesy. Aditya Dhar ripped open that tent of hypocrisy and turned the knife.
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