Poor Treated as Hindrance to G20 Development
Cities across India are getting dressed-up to host G20 events, for which the poor have been removed from sight, their dwellings demolished, and their livelihoods hit
Cities across India are getting dressed-up to host G20 events, for which the poor have been removed from sight, their dwellings demolished, and their livelihoods hit
Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation's (BIMSTEC) journey since 1997 is reminiscent of many shared collective memories. Not only energetic engagements, the BIMSTEC activities underscored the benefits of staying together.
After much deliberation, consulting, feedbacks and review the Indian Space and Research Organization (ISRO) launched “Indian Space Policy 2023” which provides the much-needed impetus to Indian space sector, stimulating greater investments and participation of the private sector within the space economy.
In the wake of one of the worst train accidents last Friday at Balasore, Odisha, journalists have turned an unsparing spotlight on rail safety. Many unsavoury features of Indian Railways now stand exposed in the glare of public scrutiny, ranging from the systematic underfunding of the rail safety fund and the snail -pace rollout of the rail safety mechanism, Kavach, to the damning CAG report on train derailments, and the sorry state of the Railways' finances.
The official GDP growth data hides the reality of tepid growth and a decline in good employment.
BRICS on a mini-lateral level is focusing and yielding rather significantly on what other major groupings and multilateral organisations are aiming at. It has begun to provide an alternate avenue of cooperation from trade, and finance to resolving regional and global issues to counter-terrorism and capacity building. But, it is not free of issues.
The way to make AT1 bonds attractive again is to clarify the insurance-linked role that sets them apart from pure debt, revert to valuation as per the time period of call options, and vastly improve banking supervision via enhanced management of banking data.