Better highways mean trucks can carry bigger loads, so demand for trucks is falling. Such improved productivity must be taken into GDP consideration, but is it?
Central bank communication now holds as much significance as central bank action. A single clause in a press conference can move markets more than a 25-basis-point adjustment.
Order for 87 MALE drones will be split between 2 Indian firms in 64:36 ratio to ensure there are 2 independent manufacturing lines with at least 60% indigenous components.
The India-South Africa series-defining fact is the catastrophic decline of Indian red ball cricket where a visiting team can mock us with the 'grovel' word.
The real test of health of Indian economy is thriving middle class,that buys cars and invests it’s surplus in housing. Falling sales of cars and housing units is a pointer to grim reality
It will take a while to wrap one’s head around these insights. However, as far as railways is concerned, Shri Dinesh Trivedi had warned that large borrowings – including from the captive LIC – would lead the organisation into a debt trap. Investments were flowing into projects whose viability was unproven. The fact that both freight and passenger growth are static throws into question the need for these investments – barring those related to improving safety – and also points to economic sluggishness. 2. Less use being made of DG sets is good, also for the environment. But why is power generation not growing, why are PL factors not optimum ? Can Maruti’s 23% cut in production be explained by people making greater use of cabs? Frankly, there seems to be a lot of smoke and mirrors at work. We all knew that the Jan Dhan accounts have not led to financial inclusion. Now come reports that 60% of toilets do not have water. I would be happy to read a sparingly honest column that evaluates the success of rural LPG supply as well.
In this election season, the opposition would not like this article.
The real test of health of Indian economy is thriving middle class,that buys cars and invests it’s surplus in housing. Falling sales of cars and housing units is a pointer to grim reality
… searingly honest …
It will take a while to wrap one’s head around these insights. However, as far as railways is concerned, Shri Dinesh Trivedi had warned that large borrowings – including from the captive LIC – would lead the organisation into a debt trap. Investments were flowing into projects whose viability was unproven. The fact that both freight and passenger growth are static throws into question the need for these investments – barring those related to improving safety – and also points to economic sluggishness. 2. Less use being made of DG sets is good, also for the environment. But why is power generation not growing, why are PL factors not optimum ? Can Maruti’s 23% cut in production be explained by people making greater use of cabs? Frankly, there seems to be a lot of smoke and mirrors at work. We all knew that the Jan Dhan accounts have not led to financial inclusion. Now come reports that 60% of toilets do not have water. I would be happy to read a sparingly honest column that evaluates the success of rural LPG supply as well.