The main services index rose to 12.6 in May after April's 5.4, data published by IHS Markit showed. The services sector accounts for more than half of India’s economy.
A survey done by Care Ratings Ltd. showed that banks, insurers, auto makers and logistics and infrastructure companies are among those hiring at a slower pace.
This would make the rupee stronger, further putting the manufacturing sector at a disadvantage. And that would mean lack of domestic jobs for millions of youth.
The Southeast Asian theatre is central to the Great Power contest between the US and China. It’s also a landscape where middle powers—France, the UK, Turkey—are shaping the strategic environment.
Mini deal will likely see no cut in 10% baseline tariff on Indian exports announced by Trump on 2 April, it is learnt, but additional 26% tariffs are set to be reduced.
Capable of being fired in plain and high-altitude areas, it has day-and-night capability and two-way data link to support post-launch target, aim-point update.
Public, loud, upfront, filled with impropriety and high praise sometimes laced with insults. This is what we call Trumplomacy. But the larger objective is the same: American supremacy.
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