By now making software development ineligible for discharge of offsets we might be depriving ourselves of what was considered necessary only a couple of months ago. This could also prove to be a setback for the Indian software industry.
It will be in keeping with the normative principles of India’s foreign policy to support a resolution that does not undermine Sri Lanka’s sovereignty but stipulates a time-bound and monitorable implementation by the SLG as well as UNHRC of remedial measures in accordance with the LLRC recommendations.
The Pakistanis are playing a high-stakes gamble, one in which they think the odds are stacked in their favour in a way that while they stand to gain a lot even if things don’t quite work in the way they imagine they won’t end up losing too much.
In its most candid form, the fundamental message is that the growth in the allocation for defence, as indeed for other sectors, may not always be consistent with the past trend or as per the long-term growth rates indicated by the Ministry of Finance.
If the BRICS Development Bank comes up, it will not only be a big moment for BRICS itself, but also for the global financial structure where the role, stake and space of the developing world will grow massively.
Along the short recent journey in discovery of friendly relations, Iran and Egypt have hit roadblocks that are not only ideological in nature but also illustrate their individual compulsions, conflicting national interests and complex regional dynamics.
For almost the last 50 years, space collaboration has significantly remained intact between France and India. They have worked together on a range of issues from satellite applications, developing small satellites to earth system science and weather satellites.
In the larger scheme of things, fiscal prudence is a good trait and the reduction in deficits desirable, yet an overtly ambitious approach of reducing deficits into a number game may lead to developments that may hurt us not only in the security arena but in economic growth as well.