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.
Like China, India remains a big domestic market, which will continue to attract investment, but the US tariffs will make India unattractive for future investments.
New bill aims to fix key issues with IBC 2016, including delays & patchy implementation, and protect creditors, with window for genuine promoters to retain control of their companies.
Speaking at tri-service seminar, Major General SP Vishwasrao also said farmers’ protest, anti-CAA agitation & situation in Manipur was part of ‘larger ploy’ to destabilise India.
Putin sees this as a victory. Europeans have decided to deal with Trump on his terms for the sake of the larger Western alliance. We look at the lessons for us in 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.