The RBI’s latest monetary policy and regulatory pronouncements are a strange mixture of caution and recklessness. The policy appreciates that with inflation depressed, not only because of well-behaved food prices but also because of deficient demand that has sent fast-moving consumer goods companies into depression, real interest rates in the economy are high.
The European Molecular Biology Organization (EMBO) is a prestigious international body established in 1964 to promote excellence in life sciences. Membership is granted to leading scientists in recognition of their outstanding research contributions.
Indian engineers have designed a three-nanometre chip. Another team of Indian engineers is hard at work developing a two-nanometre chip, right at the frontier of chip technology. So, India is taking great strides in the area of semiconductor design and manufacture, right? Wrong.
Nepal is in turmoil even though calm seems to have been restored with the army taking charge and installing an interim prime minister. Parliament has been dissolved and elections are to be held in six months.
Earlier this month, the Supreme Court ordered the government to set up a committee to evolve measures to help home buyers who find that the properties they have invested in are stuck in stalled construction, even as their builders go into insolvency.
The Trump administration’s latest salvo against immigration, a $100,000 fee for every H-1b visa granted, would sharply raise costs for American companies, especially for government projects that require on-site workers.
The Prime Minister’s Employment Generation Programme (PMEGP) is India’s flagship credit-linked subsidy scheme for promoting micro-enterprises in the non-farm sector.