How India scored over China this week

THE ECONOMIC TIMES Sat, Sep 09, 2017 | 01:29 PM IST Weekly News Platter

BRICS name global terror outfits in joint declaration, includes Jaish, LeT for first time ever China has probably for the first time acknowledged and condemned Pakistan-sponsored terror. readmore Doklam solution: How a three-hour meeting ended 73-day tension It took India-China three hours to hammer out a mutually acceptable resolution and, potentially, lay the foundation for a new beginning. Possible two-stage hydrogen bomb seen 'game changer' for North Korea North Korea claims its intercontinental ballistic missiles (ICBMs) tested twice in July can reach large parts of the mainland United States.

Editor's Pick Let India grow at 8-10% for 10 years before chest-thumping: Raghuram Rajan The former RBI governor courted controversy when in April last year he had called rising India a one-eyed king in the land of blind. North Korea's hydrogen bomb test ignites fresh worries in India Pakistan's 1,500-km range 'Ghauri-I' missile, for instance, was a derivative of the N Korean 'Nodong' missile. The nexus still continues. New India's sophisticated Doklam game, but watch out for new China For ten weeks, India and China provided a rare spectacle for the world. By the end, the number of ringside spectators had grown exponentially. Remember the debilitating crisis of 2008? Something scarier is heading your way As quantitative easing ends and rates go up, debt servicing will become increasingly tough and if growth is not forthcoming, all hell will break loose.

Most Popular This Week Lessons from Doklam: How China slices its neighbours like salami How government plans to make India an electric vehicle nation Flipkart, Amazon ready their battle rooms for the big sales season How Doklam dents China's bullet train chase against Japan in India

Story of The Week PM Narendra Modi gives a corporate touch to Cabinet reshuffle A team at the PMO meticulously monitored the performance of each ministry in a corporate style, with presentations made to the PM at regular intervals. read more

Money Government moves to rework direct tax law after PM Narendra Modi's nudge The Bill was never legislated and the Modi govt had dropped plans to rewrite the Income Tax Act as it got down to removing the clutter in indirect tax through GST. Here is why Indians are retiring poor with more debt and no pension Unlike advanced countries, Institutional borrowings by Indian families are low in early life and go on increasing leaving many retired persons with a debt overhang.

Stock Round Up Long-term wealth creators: 5 stocks that have soared & soared for 20 years Those who showed patience in domestic equity market became richer over time.

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