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.
If Rohini Godbole had a better collaborative environment, no doubt her name would have been in the mix for the JJ Sakurai Prize for Theoretical Particle Physics.
In Episode 1544 of CutTheClutter, Editor-in-Chief Shekhar Gupta looks at some top economists pointing to the pitfalls of ‘currency nationalism’ with data from 1991 to 2004.
Using this technology, IDF carried out fully robotic combat missions, drastically reducing risk to Israeli troops. The robotic combat task force also enhanced situational awareness.
While we talk much about our military, we don’t put our national wallet where our mouth is. Nobody is saying we should double our defence spending, but current declining trend must be reversed.
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