Political stability alone isn’t likely to drive continued outperformance by equities or currency, with investors also weighing headwinds facing the economy.
The Indian rupee tumbled the most in three months after RBI lowered the repurchase rate but refrained from shifting to a more easy stance on monetary policy.
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.
We're used to framing the issue as one of deterrence, 'if you do X, then we will do Y and Z'. We should be moving toward compellence— 'if you do not abandon X, then we will do Y and Z'.
Diving into workings of Gurugram fulfilment centre, Abhinav Singh, V-P (Ops) at Amazon India, offers insights into how company manages logistics, in conversation with ThePrint Editor-in-Chief Shekhar Gupta.
India used multiple types of aircraft, air to surface missiles & air defence systems to inflict damage to PAF. Almost all strikes were covered by high-res recon UAVs & satellites.
Pakistani establishments and their proxies are prone to severe, predictable 7-year-itch. Each step up the escalation ladder buys India about this many years of deterrence on average.
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