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https://economictimes.indiatimes.com/news/economy/finance/credit-offtake-from-scheduled-commercial-banks-to-msme-sectors-surge-cmie/articleshow/88875070.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

Fairly good summary of the last few scores of pages here: Turkey is one of the largest economies in the world and was up until recently growing rapidly every year. Why is it now driving itself into a hyperinflation crisis?

Boils down to knowing what you are good at and is it worth exchanging stuff for what others are good at. UK has long been a sea power and trading nation across those seas (marred unfortunately by the colonialism as well). It ought to have leadership class that is proficient in analysing and...

Consider Pakistan's national savings are 50% offshored (20 billion at home, 20 billion among Pakistanis living outside) i.e the extremely low base of the domestic saving/investment causing this kind of obscene ratio....leading to single digit capital formation. The data shows 20 years ago, this...

Heh...

https://www.usnews.com/news/business/articles/2022-01-13/india-britain-launching-talks-on-free-trade-deal India and Britain have launched talks on a free trade deal that is expected to boost bilateral trade by billions of dollars in one of the most ambitious negotiations after Brexit. By...

Finally got around to watching it, guy almost word for word says what i've been musing/murmuring for the last few years. In any case there are a million and one problems India has to deal with and make better at home. Pakistan establishment is a perpetual "pay attention to me" sociopathic...

https://timesofindia.indiatimes.com/india/isro-successfully-conducts-cryo-engine-test-for-gaganyaan-rocket/articleshow/88861681.cms NEW DELHI: Achieving another milestone in its ongoing Gaganyaan programme, Indian Space Research Organisation (Isro) on Wednesday successfully conducted the...

A new chairman has also been appointed: https://www.thehindu.com/news/national/eminent-rocket-scientist-somanath-appointed-isro-chairman/article38258497.ece

https://theprint.in/defence/china-wants-to-cement-status-quo-india-wants-de-escalation-as-14th-round-talks-begin-in-ladakh/800977/

Can only be taken seriously if they do a concrete move like handing over terrorists to face prosecution regarding their role in perpetrating crimes in India.....be it in Kashmir or Mumbai. Otherwise its just another word salad intended to deceive and seek some breathing room from growing...

IIRC, the Italian ones overall have more toughness + protection, especially below the waterline. The watertight integrity in the machinery spaces were some part of its final selection by USN for FFGX....as USN sees this class needing to be more survivable along with high range/endurance for a...

VLS number is fine....given things like armour, suvivability, endurance and accommodations made for future weapon systems, sensors and propulsion. It is trade-off decision depending on the doctrine/role you have picked for your naval assets and navy at large... in a batch of 30+ years or so...

https://www.livemint.com/opinion/online-views/indias-nuclear-arsenal-recently-went-up-the-sophistication-curve-11641833370514.html In the final months of 2021, India conducted two major missile tests. The first was the Shaurya hypersonic weapon test, which was conducted in October. The second...

Depends how they opt for the overhaul schedule even with LRU-only approach that will need testing and cert after as well. I would assume it will be a "do everything at once" kinda gig since you are putting the bird into downtime...rather than having to impact their regular MRO times in more...

Nepotism is just one part of what can take shape. The larger thing (that drives nepotism) is unaccountability....since the govt can do no wrong as there is little to no way to hold them (specifically unelected bureaucrat-mass) accountable in suitable detail as political + bureaucratic...