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How India's middle class is rescuing Thailand's struggling tourism sector
At a beachfront hotel on the tropical island of Phuket, the occupancy rate from Chinese clientele has stalled, while bookings from India have begun to rise
 "How India's middle class is rescuing Thailand's struggling tourism sector")
China's buildings are monitoring how people shop, invest, cook and steal
The Huiyun technology now tracks conditions in about 280 Wanda Plazas across China, using more than 10,000 sensors in each of them
 "China's buildings are monitoring how people shop, invest, cook and steal")
How India's present drought-like situation is similar to 1943 Bengal famine
As in 1943, India's poor and landless (whether in urban or rural areas) are the ones who suffer, while the wealthy and landed prosper
 "How India's present drought-like situation is similar to 1943 Bengal famine")
In a fresh attack, Trump says US Federal Reserve 'doesn't have a clue'
Yields on two-year US Treasuries previously jumped to 1.87% from 1.76%
 "In a fresh attack, Trump says US Federal Reserve 'doesn't have a clue'")
Boeing 737 Max's Autopilot has problem, European aviation regulators find
System on jet was failing to disengage in certain emergencies
 "Boeing 737 Max's Autopilot has problem, European aviation regulators find")
Sitharaman picks fiscal discipline over calls for stimulus to economy
Sitharaman will be relying on an ambitious revenue target to narrow the deficit as the government reins in spending: she plans to increase taxes on the wealthy, raise duties on gold and gasoline
 "Sitharaman picks fiscal discipline over calls for stimulus to economy")
Winners and losers: Who received how much in Nirmala Sitharaman's Budget
In her maiden budget speech Finance Minister Nirmala Sitharaman announced plans to sell India's first global sovereign bonds and ease rules for overseas investors to help revive economic growth
 "Winners and losers: Who received how much in Nirmala Sitharaman's Budget")
Budget 2019: India gives Reserve Bank more power to regulate NBFCs
The decision follows concerns that a broader financial crisis may emerge as firms like Dewan Housing Finance Corp. and Anil Ambani's Reliance Capital Ltd. struggle to find fresh funding
 "Budget 2019: India gives Reserve Bank more power to regulate NBFCs")
Bond market rallies after FM proposal to float govt securities overseas
The administration also set the budget deficit target for the fiscal year at 3.3% of gross domestic product
 "Bond market rallies after FM proposal to float govt securities overseas")
Oil set for worst decline as demand concerns outweigh OPEC supply curbs
Futures are down in New York from Wednesday's close as anxieties over demand resurfaced this week following sluggish economic numbers from the US to China
 "Oil set for worst decline as demand concerns outweigh OPEC supply curbs")
Budget 2019: Govt to sell first global bond to fund infra and spur growth
The fiscal deficit goal for the year that began on April 1 was lowered to 3.3% of gross domestic product from 3.4% set in February's interim plan, Finance Minister Nirmala Sitharaman said.
 "Budget 2019: Govt to sell first global bond to fund infra and spur growth")
Congress demise can make India a one-party state and that's not encouraging
It's possible that India has space for just one national idea: Once it was the Congress' fuzzy, syncretic inclusiveness; now it is Modi's Hindu nationalism
 "Congress demise can make India a one-party state and that's not encouraging")
Thief robs a man of $1.3 mn watch in Ibiza; Azeris wonder who the victim is
The owner of the 50-03 McLaren F1 watch was walking by the sea in Ibiza at around 4:30 p.m. on June 19 when the thief shoved him and stole the watch
 "Thief robs a man of $1.3 mn watch in Ibiza; Azeris wonder who the victim is")
In water-stressed India, govt may push farmers towards efficient irrigation
India is one of the world's biggest users of ground water and its depleting levels are the main reason for the country's severe shortages
 "In water-stressed India, govt may push farmers towards efficient irrigation")
In China, even buildings are spying on how people shop, cook and steal
According to Jones Lang LaSalle Inc., investment into proptech startups from 2013 to 2017 totaled $7.8 billion, with China accounting for about 36% of that
 "In China, even buildings are spying on how people shop, cook and steal")
Singapore loses top spot to Switzerland as best place for expats: Survey
The average Swiss salary of $111,587 is 47 per cent higher than the $75,966 mean pay package across the 33 nations surveyed by HSBC
 "Singapore loses top spot to Switzerland as best place for expats: Survey")
British special forces seize oil tanker for busting Syria sanctions
The seizure, announced by Gibraltar's government, could inflame tensions between Iran and the EU just as the UK, France and Germany try to keep Iran from walking away from the nuclear deal
 "British special forces seize oil tanker for busting Syria sanctions")
EU objects to Hindalco's plan to buy aluminum producer Aleris Corp
Tata Steel and ThyssenKrupp AG abandoned their steel joint venture in May shortly before the EU formally vetoed it
 "EU objects to Hindalco's plan to buy aluminum producer Aleris Corp")
Europe, China playing a 'big currency manipulation game': Donald Trump
For market observers, the president seemed to suggest going beyond mere jawboning
 "Europe, China playing a 'big currency manipulation game': Donald Trump")
Pakistan's Imran Khan has $684,000 assets and four goats, no car: Report
The cricketer turned politician, who takes a chopper to work, doesn't own a car and the first lady doesn't possess any jewelry
 "Pakistan's Imran Khan has $684,000 assets and four goats, no car: Report")