Cumulative losses at public sector banks (PSBs) were large enough to wipe out almost all of the government's capital injections of $13 billion in 2017-18. Capital assistance in FY18-19 will be close to Rs. 160 billion. https://t.co/OFBTcISHjR
The apparent confrontation with Papua New Guinea officials fits a pattern of Beijing demanding overt submission to its interests in exchange for trade and investment. https://t.co/btuCv4RRNO
“The fact that previous trade slumps have often coincided with U.S. recessions doesn’t mean the coming one will. The declines in volumes tracked by the CPB are more likely to have been consequences rather than causes of previous economic contractions.” https://t.co/O6gizwrZFC
This is one of the Big Wins of Modi’s leadership since last 4 years. Hope we will have many more billions and we will build a huge pile like China - trillions. And pray hard earned treasure never falls in wrong hands of a foolish juvenile leadership.