RBI has already cut interest rates by 135 basis points in five moves this year & last week’s weak data gives it added reason to continue pushing for growth.
Risks of privatisation increase when decisions on complex financial questions are rushed through without mandatory consultations — like the Adani airport lease.
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.
Two questions are pertinent: Why does the Trump administration keep making the same mistakes on the peace proposal? And what does a hurried peace plan mean on the ground?
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.
Without a Congress revival, there can be no challenge to the BJP pan-nationally. Modi’s party is growing, and almost entirely at the cost of the Congress.
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