The axe, therefore, is likely to fall on capital expenditure. Capex for the full year was budgeted to grow by 9.9%. Till November, growth has been a measly 4%. It is in this context that the debt markets are worried that the fiscal deficit will be overshot, which has resulted in bond yields bouncing off their lows. … [Read more...] about Quick Take | Govt faces tough choice ahead of polls – fiscal deficit or growth
28 year truck driver face
Craigslist’s policies can’t necessarily be imported to other platforms, and we might not want everything on the internet to look like it’s from the 1990s. But the steady march to a hypercommercialized internet where users trade their data for online community isn’t inevitable. Craigslist serves as a powerful reminder that some ideas from the early web are worth holding on to. … [Read more...] about At 25, Craigslist is a survivor of the more democratic web we lost
The sharp rise in frauds in public sector banks indicates that merely recapitalising them is not enough---at the very least, a wholesale change in their governance structures is called for.Exclusive offer: Use code "BUDGET2020" and get Moneycontrol Pro's Subscription for as little as Rs 333/- for the first year. … [Read more...] about Quick Take | With so many frauds in PCA banks, why take the risk of allowing them to lend?
With tongue not very firmly in cheek, Bloomberg’s digital staff cut together selected pieces of the debate to portray Bloomberg posing a question so profound and revealing as to leave the other candidates speechless. Bloomberg’s question? “I’m the only one here that I think that’s ever started a business. Is that fair?” … [Read more...] about Bloomberg’s debate video is part stale joke, part misinformation
That does not just include the thousands of government staff organising United States President Donald Trump and Prime Minister Narendra Modi's roadshow in Gujarat, or the security staff who have the gargantuan job of making sure the unthinkable remains exactly that. … [Read more...] about Summit of Power: Your cheat-sheet to 5 biggest takeaways from the Modi-Trump summit