A State Bank of India report says this will put pressure on these states’ infrastructure, and widen income distribution gap between the south and north.
The bank’s first quarterly profit in 12 months is no doubt an encouraging sign, though net income of $129 million on a $284 billion loan book is hardly worth celebrating.
By turning a blind eye to the snakes in his own backyard, Trudeau is setting the stage for a disaster of epic proportions for his country, his people, and the world at large.
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.
While there are patrolling points (PP) 10, 11, 12, 12A and 13 in the Depsang Plains, the patrol in the region Monday was carried out to only one point as decided by India and China.
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.
If the Ruias cough up what they owe to the banks, that should be welcomed with a shower of rose petals. The new bankruptcy procedure and structure should be seen not so much as a rule based, fair, transparent mechanism as a lever to twist a little / lot more compliance from borrowers. The reality of how the system works is known to all serious participants, including Shri Lakshmi Mittal. Unfortunate, but nothing has changed in recent times.
If the Ruias cough up what they owe to the banks, that should be welcomed with a shower of rose petals. The new bankruptcy procedure and structure should be seen not so much as a rule based, fair, transparent mechanism as a lever to twist a little / lot more compliance from borrowers. The reality of how the system works is known to all serious participants, including Shri Lakshmi Mittal. Unfortunate, but nothing has changed in recent times.