French President Emmanuel Macron's calculated decisions, including appointing a conservative prime minister and proposing a budget with spending cuts, aim to strengthen his centrist party and block the rise of the far-right National Rally, while also asserting EU influence.
When all else fails, judiciary has to shoulder the responsibility of upholding constitutional ideals; its shoulders clearly are not broad enough for this
The three things India’s government must do for the economy to break out of its torpor.
Cracking down on NBFCs disbursing small loans on the grounds they are charging usurious rates only pushes borrowers towards informal markets where rates are higher. Instead of removing barriers towards the flow of credit to the bottom of the pyramid, there are hurdles placed in the name of systemic stability when this risk can be tackled through other means
If the Ladki Bahin Yojana, that helped to curry favour with Maharashtra voters, is introduced to other states it will only add to India’s fiscal burden.
The evil that men do to gain the political upper hand lives on after their success, and threatens to savage the present and undermine the future