Union minister Arun Jaitley said the opposition's promises will be responsible for its rout for it effectively shows 'there is no alternative' (TINA) to Narendra Modi.
While the commission didn’t mention provisions under which IndiGo's market domination would be examined, Competition Act 2002 prohibits abuse of dominant position by any enterprise.
It is argued that India-Israel ties are moving from buyer–seller dynamic to one focused on joint development & manufacturing partnership, a shift 'more durable' than traditional arms sales.
Don’t blame misfortune. This is colossal incompetence and insensitivity. So bad, heads would have rolled even in the old PSU-era Indian Airlines and Air India.
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.