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.
Clean energy is “no longer the sideshow, it is the show”, BVR Subrahmanyam told the Odisha summit, warning India to lead the global shift or risk others’ tech dominance.
Dubai airshow crash & pilot death have rekindled concerns over pilot safety, and need for smarter automated systems that can step in when G-forces, temporary loss of consciousness hit the pilot.
None of Pakistan’s PMs has lasted 5 years. That the current PM has given Asim Munir 5 years shows that of all military dictatorships history has seen, Pakistan’s is most creative.
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