Deposit-taking institutions run risk of getting sucked into vortex of mistrust. More reliable banks may see rush of deposits away from second-tier lenders.
Now that $10 billion in subscription is unlikely to come in October, masala bonds, or rupee debt sold overseas to global investors, could be the solution.
The RBI, which cut interest rates to the lowest in 9 years to support growth, has found that the current situation index fell from optimism to pessimism.
On 9 July 1991, then-PM PV Narasimha Rao addressed the nation days before the Budget presentation, admitting that the job of repairing India's sick economy won't be easy, quick, or smooth.
Air India’s new policy, effective from 2 May, introduces new weight limits for tickets in each of the different 'fare families' — Comfort, Comfort Plus, and Flex.
New Delhi has, in past, too, objected to Chinese construction activities in Shaksgam Valley. Work in this strategic region gathered pace after the 2017 Doklam stand-off.
A theme has not yet emerged for BJP & people see lack of a contest, which makes it unexciting. For all these reasons, 2024 is turning out to be an unexpectedly theme-less election.
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