Last year, the approximately 20 million Non-Resident Indians (NRIs) remitted $69 bn to India. That is 3% of the GDP. This ensured the Current Account Deficit remained within the 2% range, as opposed to what should have been 5%. Per Capital Economics, a research group, remittances will further rise by 5-6% in future and the Current account deficit will remain within 2.5% of GDP.
New 'intelligence' reports suggest that Russia "is weeks from attacking NATO." Details then say that it can happen anytime from 2026 to 2029. The very understanding of the Russian threat is a caricature. We unpack the reports and zero-in on the real scenario forward!
One has been listening to a jibe at the Modi government that is as lazy as it is ignorant. Why does the government give 5 Kgs of grains to the poor 80 crore when the Indian economy is growing? Has India become more "socialist" under Modi? Here is a detailed analysis.
