Country Garden has reportedly defaulted on $15.4 million dollar bond interest payment, a first. This comes 2 months after the Evergrande Group filed for bankruptcy.
Corporate tax cut provides relief to our slowing economic engine, but Modi government must prepare a roadmap of how it can bridge the associated revenue loss.
India’s GDP has slipped to a six-year low, growing at five per cent in June quarter. Sectors like automobile, manufacturing and real estate are witnessing unprecedented slowdown.
Research paper, however, finds lowest indebtedness level among Muslims at 12.3% & highest among Hindus at 14.9%. Overall national financial inclusion level at 87.2%, indebtedness at 14.7%.
Fresh details of operation conducted by IAF, Army have come out in gazette notification giving citations of those who were awarded Vir Chakra for their bravery.
On 21 Oct, a buzz went up that the govt had released full list of gallantry award recipients along with Op Sindoor citations. I put an AI caddy on the job. It took me into a never-ending rabbit hole.
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