The question is no longer whether India can create fast tracks. It already has. The question is whether the main track—and the regulators who feed into it—can be fixed.
Leaders who have been with BJP for long ‘do not like this power-hungry version of their party,’ quips spokesperson of Sharad Pawar-led NCP; BJP calls it ‘part & parcel of politics’.
The cement industry has been consolidating since FY18, with the larger players looking to not only increase their capacities but also widen their geographical reach.
The DSM-Firmenich merger was just one of the 20-odd deals worth $1.5 billion pending before the CCI last year. Some experts blame the commission for trying to be too 'industry friendly'.
The spike was led by HDFC Bank's $60 billion all-stock acquisition of Housing Development Finance Corp. in April, which combined India's leading bank and largest mortgage lender.
The US and Israel’s assassinations of Iranian leadership ended up bestowing martyrdom on those killed. Shias saw the deaths as a continuity of martyrdom from the Battle of Karbala.
India’s fast-growing data centre sector may strain state electricity networks; Central Electricity Authority has urged Maharashtra, Andhra Pradesh, Telangana and Tamil Nadu to boost capacity.
Theaterisation, which aims to divide the forces into three theatres with specific areas of responsibility, will become the single most far-reaching reform that the Indian military has witnessed since independence.
China patiently invested capital, skill and technology in coal gasification. Unlike it, we won’t move from words to action. As crude prices decline, we lose interest.
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