It will be tough for Reserve Bank of India Governor Sanjay Malhotra to get right. Rupee is the worst-performing Asian currency this year against the dollar.
It will be tough for Reserve Bank of India Governor Sanjay Malhotra to get right. Rupee is the worst-performing Asian currency this year against the dollar.
Indigenisation level will progressively increase up to 60 percent with key sub-assemblies, electronics and mechanical parts being manufactured locally.
It is a brilliant, reasonably priced, and mostly homemade aircraft with a stellar safety record; only two crashes in 24 years since its first flight. But its crash is a moment of introspection.
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