Wish Town’s failure tells the story of an economy in distress, a banking system in pain & consumers too worried about job cuts & rising costs to spend.
The property developer said it couldn’t pay State Bank of India on time because tax departments, which had leased office space from Peninsula, were delaying rent payments,
Sales in Mumbai rose 22% in 2019 even though a persistent credit crunch & economic slowdown curtailed recovery in India’s housing sales across top 7 cities.
Ventures by Japan, South Korea and Taiwan illustrate how the race for REE security is accelerating, powered by both geopolitical tension and industrial strategy.
ThePrint had previously reported that India & Russia are talking about 5 more regiments of the S-400, but no contracts are to be signed during the Russian president's visit.
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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