Chinese local government debt reaches ‘boiling point’
The local government of China has amassed debt of about 18.4 trillion Yuan (2.74 trillion dollars) by the end of 2018. The finance of local government is in shambles and it ...
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Loans to get cheaper as RBI cuts repo rates by 25 basis points
RBI has reduced lending rates for the second time in a row by 25 basis points. The repo rate stands at 6 percent after the latest rate cut. The rate cut ...
Government makes a smart call, refuses to bail out Jet Airways
The government has ruled out any intervention in the crisis ridden Jet Airways. The low cost airline holds more than 15 percent of market shares in civil aviation and therefore many ...
Sam Pitroda tells the middle class not to be selfish in the event of a tax hike
Sam Pitroda, one of the most powerful people in the Congress party has admitted that the burden of the NYAY scheme will fall on the middle class. When asked whether taxes ...
Nepal refuses to attend a meeting with Pakistan for the second time
The Nepal Government has cancelled meetings with the Pakistani Government due to the escalated tensions between India and Pakistan. The government has not only cancelled one but two meetings that were ...
Returns on the sensex have been much higher than those on gold and FDs
The 30 share benchmark index of the Bombay Stock Exchange (BSE) completed 40 years on 1st April 2019. The benchmark index was launched four decades back on 1st April 1979 when ...
Indian Railways targets 50% of freight traffic by 2030
The Indian Railways has set the target to get at least 50 percent share in freight traffic by 2030. The share of Railways in freight traffic has gone down to 33 ...
Cong promises to pull more people out of poverty then they exist
The Congress party has promised to bring more people out of poverty than they exist. “Between 2004 and 2014, 14 crore people were lifted out of poverty,” wrote the party in ...
Indian Army’s massive retaliation in Poonch: 10 Pakistani soldiers killed
The Indian Army has been continuously involved in a heavy exchange of fire along the LoC in the Poonch sector of J&K. This comes after Pakistan violated the ceasefire on Monday ...
Modinomics Vs Manmohanomics – Meritocracy Vs Mediocracy
The following chapter is an excerpt from Truth & Dare: The Modi Dynamic by Sanju Verma (Published by Blue Rose Publisher) “The difficulty lies not so much in developing new ...
Chidambaram threatened to quit Congress if Karthi was denied ticket
With a handful of days left to the Lok Sabha polling, Congress amongst several other issues has witnessed a surge of leaders leaving the party and a number of others refusing ...
The Congress manifesto of 2019 makes the same poll promises it did in 2009
In a career of more than 130 years, Congress party has mastered the art of making false promises. The party won election after election by promising a poverty free life to ...
