Delhi is home to the second highest number of billionaires and millionaires of any city in India. Delhi ranks fifth among the Indian states and union territories in human development index. Delhi has the second-highest GDP per capita in India (after Goa). Although a union territory, the political administration of the National Capital
“Many state borrow and spend on unproductive projects which will send them into debt trap. Many politicians’ aim is to spend more in order to get more kick-backs or spend on popular dole out to get more votes. At least, Kerala is in trap; to give salary of government employees
As of June 2022, India’s installed power capacity is 403.76GW. In India, electricity generation primarily depends on thermal sources, coal, lignite, gas, and diesel. Thermal power generation accounts for 58.5% of the total installed power generation capacity. Of which, coal accounts
Following the alarming economic melt-down in neighboring Sri Lanka, there are voices in India predicting gloom and doom scenario for our economy. What is the reality on the ground? Because Sri Lanka is caught up in a debt-trap and a man-made economic crisis, should we worry about our own national debt? This essay
An eight-year-old high inflation, soaring energy and commodity prices due to the Russia-Ukraine war are threatening to squeeze the Indian economy. The only silver lining is that the monsoon has arrived. Good rains will not only help the agriculture sector but help cool off the soaring
Prime Minister (PM) Narendra Modi returned to New Delhi early morning on Wednesday after participating in the Quad Leaders’ Summit as part of his two-day tour in Japan and immediately held a Cabinet meeting. At this week’s meetings of Quad, Japan and Australia were
The Russian Orthodox Church (ROC) is the primary church in Russia. Legally known as the Moscow Patriarchate, it is one of the autocephalous Eastern Orthodox Christian churches. It has 194 dioceses inside Russia. The title of primate of the ROC is the Patriarch of Moscow..
The wait is finally over for the investors who were eagerly waiting for India’s biggest public issue, the Life Insurance Company (LIC) initial public offering (IPO). It hits primary markets on Wednesday, 4th May 2022. Government of India (GoI) is offering for sale 3.5% of its equity stake, totaling 22.1crore shares of face
n his speech declaring war on Ukraine, Putin said the goal of his “special military operation” was the demilitarization and de-Nazification of Ukraine and ridding it of drug addicts. He also said that it his moral and spiritual duty to protect the Russian speaking “brothers” in Ukraine from the
The so-called hijab row is brewing in Karnataka for several weeks now. In late December last year, six female students of Udupi Government Junior College were denied entry into their classrooms for wearing the hijab. Hijab is headscarf worn by many Muslim women and girls in public
The FY23 budget estimates an expenditure of Rupees 39,44,909 crore. Of which, largest share of Rupees 9,40,651crore is the interest burden on its outstanding debt. Unfazed, the GoI aims to borrow more by a whopping Rupees 16,61,196 crore during the year. The outstanding debt and other liabilities of the
Congress leader Rahul Gandhi on Saturday, the January 15th attacked the BJP central government with an online Twitter poll. He asked his followers to vote on what they think are its biggest shortcomings. Rahul Gandhi posed the question "What has been the biggest
There is no official data but estimates are that there are about 20 million crypto investors in India, with total crypto holdings of around Rs. 40,000 crores. Bitcoin, the world’s biggest cryptocurrency, is trading at around $60,000. Its price has more than doubled since the start of this year because hordes of new
Unpredictable that he is, Prime Minister Modi surprised the nation when he announced hat his government will repeal the farm laws in the Winter Session of Parliament. What were the farm laws that have been repealed? The Farmers Produce Trade and Commerce (Promotion and Facilitation) Act, 2020 which is
In order to be free from the confinement induced by Covid-19 lockdowns, I and my wife Regina availed the services of India’s premier Mumbai-based international tour operator – Veena World to visit Sikkim – Darjeeing – Gangtok – Lachung..