While bond yields tend to fall amid low inflation & interest rate cuts, market experts say they’ve been rising due to concerns over tax collections, fiscal deficit & potential impact of US tariffs.
It is one of the most advanced long-range air defence and anti-missile radars. It has been acquired under an about USD 145-million deal signed in 2020.
In its toughest time in decades because of floods, Punjab would’ve expected PM Modi to visit. If he has the time for a Bihar tour, why not a short visit to next-door Punjab?
I was eight years old in Calcutta when a family friend who supplied to government departments all over the country told my father that Kashmir was the most venal state he had to deal with. A similar situation obtains in the north east. Perhaps, where the Indian state feels it is less than entirely welcome, it allows local elites to milk the system, creating a class that has a stake in preserving the status quo.
I was eight years old in Calcutta when a family friend who supplied to government departments all over the country told my father that Kashmir was the most venal state he had to deal with. A similar situation obtains in the north east. Perhaps, where the Indian state feels it is less than entirely welcome, it allows local elites to milk the system, creating a class that has a stake in preserving the status quo.