Corporate tax cut provides relief to our slowing economic engine, but Modi government must prepare a roadmap of how it can bridge the associated revenue loss.
This is the second time in less than two years that policy makers had to publicly come out in support of Indian banks, which are grappling with the world’s worst stressed loan ratio.
RBI Governor Shaktikanta Das said the central bank does engage with the govt in frank discussions, but there is no interference when it comes to decision-making.
Investors are concerned about the impact of an NBFC collapse on the wider sector and a funding crunch in an economy where growth has slowed to a six-year-low.
BJP had leaders like Modi, Chouhan, Raje, Raman Singh, BSY, and Dhumal who kept the party’s flame burning. Those promoted by Modi-Shah in the last 10 years fail to inspire confidence.
Extreme weather events have impacted 50% of corporate respondents to a recent survey. This underlines the importance of significant action now to increase climate resilience.
Lakhs of people were stranded at beach in heat as crowd control measures apparently failed. At least 14 lakh people were in attendance though police had expected around 10 lakh.
How come Indonesia, Malaysia, Turkey and Sri Lanka remain constitutional, democratic and stable despite Islam and Buddhism respectively, but Pakistan, Bangladesh and Myanmar don’t?
COMMENTS