Indian economy about to take-off
Prime Minister Manmohan Singh lauded the Central Bureau of Investigation as it completed 50 years during an address to senior officers at the at international conference on 'Evolving common strategies to combat corruption and crime.'
Sanjay Mathur, managing director and head of economics research for Asia Pacific (ex-Japan), Royal Bank of Scotland, tells Business Standard that in the emerging market pack, India needs to learn lessons from Korea and Taiwan, which have managed their economic situations well.
'This was not the cleanest game of cricket you've ever seen -- there were too many flubs and fumbles for that. But it was certainly the semi-final this mostly blah tournament has needed -- two tough, well-rounded teams, toe to toe, slugging it out, bleeding and drawing blood until there was only one left standing.'
In his penultimate State of the Union address, Barack Obama said that the economy is improving.
'Whether it's investments in Kashmir, building naval facilities, or selling top-of-the-range military equipment, Pakistan could well benefit more under Xi's watch.' 'Do Chinese concerns about the 'Islamisation' of Pakistan give it pause about how quickly to move forward with security and economic projects? At the moment the indication is quite the opposite: China is doubling down on its support to Pakistan, partly because of its fears about where the country is headed.'
Read the full transcript of President Obama's State of the Union address on Wednesday at the US Capitol in Washington.
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