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America is back,’ but Europe has moved
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File Photo: French President Emmanuel Macron attends a video-conference meeting with US President Joe Biden and German Chancellor Angela Merkel
(REUTERS)
William A. Galston
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President Biden set out to declare a triumphant US return to the trans-Atlantic alliance. “America is back, the president said in his speech this week to the Munich Security Conference. The leaders of France and Germany promptly made it clear that the four years of the Trump presidency had changed the relationship.
France’s President Emmanuel Macron renewed his call for Europe’s “strategic autonomy, which would require the Continent to be prepared to defend itself. Germany’s Chancellor Angela Merkel bluntly stated that the interests of the US and Europe wouldn’t always converge, which most listeners took as a reference to the European Union’s recent trade pact with China, along with Germany’s determination to comp
Discovery+ introduces kids content to boost genre in India
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The Discovery+ streaming service logo on a smartphone arranged in the Brooklyn borough of New York, U.S., on Thursday, Dec. 31, 2020. Discovery+ will launch in the U.S. on January 4 for $5 a month with commercials and $7 a month ad free, making it the latest traditional media company to rev up a rival to Netflix and Disney Plus. Photographer: Gabby Jones/Bloomberg
(Bloomberg)
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New Delhi: Discovery+, the subscription-based video streaming service owned by factual entertainment network Discovery, has introduced a genre devoted to kids content, with the launch of a show from the Little Singham franchise, modelled on the popular Bollywood film.
Life insurance to remain important than other investments: Survey
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The survey reached out to 1,369 respondents across nine centres in the age group 25-55
Unlike the pre-covid-19 times, people are more inclined to buy a term plan than a unit-linked insurance plan or a traditional policy
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The momentum of buying life insurance may have slowed down compared to the initial days of the covid-19 pandemic. However, it remains the top priority of those who have not purchased it yet or don t have adequate cover, according to a survey.
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India’s sprinting recovery faces some final hurdles going ahead
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Capital spending has a higher growth multiplier effect and public spending results in crowding-in of private capex.
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Bank balance sheets are still stuck with legacy bad assets and this could impact India’s revival
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The recent improvement in high-frequency data has boosted the prospects of India’s economic recovery. Electricity consumption, freight, commercial vehicle sales, manufacturing output and imports have all reached pre-pandemic levels. While rejoicing is warranted, analysts have begun to flag risks that lie ahead.
Policy measures from both the government and the Reserve Bank of India (RBI) have provided enabling conditions for the recovery to gain traction. So, what could go wrong?