Investment banks such as Goldman Sachs Group Inc. expect India to grow at 7.6 %. The pace is probably insufficient for PM Narendra Modi to create enough jobs in time for the national elections due next year.
The central bank's decision is expected to help extend a rally in the bond market, triggered last week when the government cut its first-half borrowing plans.
Report looks at imbalance between equity & corporate bond markets amid India’s growth ambitions and diverse capital needs, while outlining strategy to unlock full potential.
Of the total package, $649 million will be utilised for additional hardware, software, and support services, and the remaining for Major Defence Equipment (MDE).
None of Pakistan’s PMs has lasted 5 years. That the current PM has given Asim Munir 5 years shows that of all military dictatorships history has seen, Pakistan’s is most creative.
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