In tandem, the Union Budget allocated ₹1 trillion to the Urban Challenge Fund, aimed at catalysing fund flows to urban local bodies (ULBs) over the next five years
To facilitate retail participation in G-Secs, RBI came out in November 2021 with a scheme for direct retail participation in G-Secs through its own depository system and the NDS-OM trading platform
Oil imports account for 3.1% of gross domestic product, and according to Nomura, every 10% rise in oil prices worsens India's current account by 0.4 percentage point
As cities grow, the most important component of planning, its "spine", should be transportation, to connect the periphery and enable movement within the city
Indian IT firms are not uniform entities. Specialised companies, such as Persistent or KPIT, have constructed moats based on deep domain knowledge and long-standing customer relationships
Several elements have been introduced in the new series. For instance, the functions of multi-activity enterprises have been segregated, which will provide a clearer picture
To be fair, for Complan, Vaibhav is a good pick, for sure. But would sacrificing school exams, and, in a manner of speaking, putting studies on the backburner, go down well with ordinary parents?
The significance of these figures becomes even more striking when viewed against the backdrop of numerous methodological changes and use of new data sources in the base revision exercise
One way to look at the new series is as a shift from a grainy image to a higher-resolution one. The scene itself does not suddenly change, but the blur is reduced