The letter, tweeted by Nirmala Sitharaman’s office, supports govt’s move to tax disability pension of military personnel who retired after full service.
Twenty states independently show more than a 14% increase in their revenues, courtesy the two years of GST, writes former finance minister Arun Jaitley.
The Italian term sprezzatura—a studied nonchalance that conceals intention—best captures the spirit of Trump’s foreign policy so far. The pattern is unpredictability, transactionalism, and disruption as diplomacy.
With 20.2 percent of its total loans in default by the end of last year, Bangladesh had the weakest banking system in Asia. Despite reforms, it will take time to recover.
This world is being restructured and redrawn by one man, and what’s his power? It’s not his formidable military. It’s trade. With China, it turned on him.
This article is bad in Spirit, it intentionally avoids to say why in UPA 2 why and how much fiscal deficit it reached and the burdon of clearing was left to NDA and massive bungling in PSU bank loans again left for NDA to settle…. please read Urjit Patel’s statement in one of the business schools in US . I would appreciate if such articles disclose all issues before drawing conclusions.
Running a primary deficit, ie, borrowing to pay interest on borrowings is the classic definition of a debt trap. A private company – plantations of teak, chit funds, etc – doing this would be called a Ponzi scheme. 2. The only justification required to breach the FRBM mandated ceiling is that there is an election to be fought, which is now the perpetual state India finds itself in. A general election comes in several notches higher than Assembly elections. Parliamentary oversight is meaningless when there is such an impressive majority. With deferential Speakers, everything is now a Money Bill. 3. That leaves the markets. The sanctity of official data is now gone. That makes the rating agencies more apprehensive. Some years ago, Goldman Sachs cooperated with the Greek government to cook its books. That story had a sad ending. Sincere efforts are imperative to avoid a Junk rating.
This article is bad in Spirit, it intentionally avoids to say why in UPA 2 why and how much fiscal deficit it reached and the burdon of clearing was left to NDA and massive bungling in PSU bank loans again left for NDA to settle…. please read Urjit Patel’s statement in one of the business schools in US . I would appreciate if such articles disclose all issues before drawing conclusions.
Running a primary deficit, ie, borrowing to pay interest on borrowings is the classic definition of a debt trap. A private company – plantations of teak, chit funds, etc – doing this would be called a Ponzi scheme. 2. The only justification required to breach the FRBM mandated ceiling is that there is an election to be fought, which is now the perpetual state India finds itself in. A general election comes in several notches higher than Assembly elections. Parliamentary oversight is meaningless when there is such an impressive majority. With deferential Speakers, everything is now a Money Bill. 3. That leaves the markets. The sanctity of official data is now gone. That makes the rating agencies more apprehensive. Some years ago, Goldman Sachs cooperated with the Greek government to cook its books. That story had a sad ending. Sincere efforts are imperative to avoid a Junk rating.