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The distress sale of national assets is unwise


The distress sale of national assets is unwise
Updated:
Updated:
March 04, 2021 12:45 IST
The government’s intent to offload public sector units and banks will only result in the long-term loss of public wealth
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The government’s intent to offload public sector units and banks will only result in the long-term loss of public wealth
The origin of the ongoing crisis in the Indian economy was the fateful night of November 8, 2016. Dr. Manmohan Singh’s prescient words in Parliament that demonetisation would lead to a 2% drop in the GDP were not heeded by Prime Minister Narendra Modi. On the contrary, a badly designed and hastily implemented flawed Goods and Services Tax (GST) followed, further devastating vast numbers of medium and small enterprises, as well as the vast informal sector of the economy. Together, these twin disasters robbed millions of their livelihoods and plunged the Indian economy into a prolonged slump tha ....

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CNN CNN Newsroom with Poppy Harlow and Jim Sciutto September 9, 2019 13:35:00

Mexican wireless business and questioned at&t s $85 billion purchase of time warner. in the letter to the board elliott called time warner a, quote, spectacular question, but then questioned at&t s strategy. here s the language. at&t has yet to articulate the clear strategic rationale for why at&t needs to own time warner while it s too soon to see if it can create value we remain cautious on the benefits of the combination. shares of at&t are up before the opening bell and up at the open here. big on the news because, you know, they re saying if you make these changes the stock could almost double. at&t was not immediately available for comment. at&t s media division, cnn s parent company. it looks in this long lengthy letter like asking for margin improvement, maybe management changes and reviewing some of what they see as noncore strategic assets and spinning those off. i was surprised when i read this morning. a huge investment. what s your read? my read is they see value in th ....

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Detailed text transcripts for TV channel - CNN - 20170922:23:53:00

Trump s campaign, but now he is ap peering with former washington lobbyist and interim senator luther strange who has been backed with millions of dollars along with senate majority leader mitch mcconnell. the irony is that most of the voters who are supporting moore are trump supporters, and i don t think that they are going to be coming off of moore because trump says to. and the race pits trump against senior adviser steve bannon whose firm breitbart has launched a campaign against him before thursday s vote. and strange is advising voters time and time again that he is the president s man. we have a close personal relationship and i have supported him 100% of the time and this is why the president endorsed me. reporter: and moore blast ed the president on core issues like the wall, and kicking the ....

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