SC judgment will provide temporary relief for banks & companies in stressed sectors but could hurt central bank’s regulatory framework governing bad debts.
Former RBI governor Y.V. Reddy says while states have no option but to stick to fiscal deficit plans, Centre can deviate as it has power to print currency to bridge deficit.
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.
While global corporations setting up GCCs in India continue to express confidence in availability of skilled AI engineers, the panel argued that India’s real challenge lies elsewhere.
Taylor ‘Fema’ Hiester, commander of USAF F-16 Viper Demo Team, hit out at air show organisers for continuing with the show after Wing Commander Namansh Syal lost his life in the incident.
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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