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.
Enthusiasts think BRICS is taking on the US-led West. Critics think it is just a weak wannabe. In reality, BRICS is undergirding the new global order that will bring together friends and foes alike. A Deep Analysis by Drishtikone.
Swami Dhirendra Shastri called for a meat-free Navratri in Bengal. Parties answered by invoking Shakta tradition. A restricted rite, stripped of its disciplines, has become “culture”, and Bengal uses its first taste of political freedom in decades to flaunt the very decay that helped undo it.
