For all their colonial underpinnings, postcards from Hyderabad also inadvertently preserve a trace of local memory: a glimpse of a street, a face, a forgotten name.
Indian toymakers are now exploring new markets, but they want govt to negotiate a trade deal with US soon, introduce incentives and subsidies to make the industry more competitive.
The project is meant to be a ‘protective shield that will keep expanding’, the PM said. It is on the lines of the ‘Golden Dome’ announced by Trump, it is learnt.
Now that both IAF and PAF have made formal claims of having shot down the other’s aircraft in the 87-hour war in May, we can ask a larger question: do such numbers really matter?
The recent Rs Fall is not unprecedented. Comparing to 2008/2013. The economic nos are far better than those years. One of main reason of such type of volatility of currencies are restrictive currencyderivative market which augment arbitrage ROI at times it goes as high as 50-30%.it has been witnessed this time also . Crude price and Global scenario is not as bad in comparison to LEHMAN CRISIS in 2008 and 2013 when volatility and depreciation of INR much larger than now. Why NDF MARKET flourish mainly because of restrictive policy of RBI in currency market in garb of Speculation here as other window of Currency exchanges are open to encourage. Thus this is a cycle of every 5 years since 1997 of such bouts.
The recent Rs Fall is not unprecedented. Comparing to 2008/2013. The economic nos are far better than those years. One of main reason of such type of volatility of currencies are restrictive currencyderivative market which augment arbitrage ROI at times it goes as high as 50-30%.it has been witnessed this time also . Crude price and Global scenario is not as bad in comparison to LEHMAN CRISIS in 2008 and 2013 when volatility and depreciation of INR much larger than now. Why NDF MARKET flourish mainly because of restrictive policy of RBI in currency market in garb of Speculation here as other window of Currency exchanges are open to encourage. Thus this is a cycle of every 5 years since 1997 of such bouts.
dr Manmohan Singh in “walk the talk “show , admitted that he intentionally dropped the value of rupee by 25% ,,