RBI needs to cut interest rates to revive growth

India’s GDP growth is projected to hit a five-year low of 7% in 2018-19. Slowing government spending in the last quarter due to fiscal constraints and contracting rural demand can hurt it further. With inflation below the comfort level, RBI should cut interest rates again to encourage investment and growth.

Third-party intervention has trumped India-Pakistan bilateralism

After two decades — from Kargil 1999 to Pulwama 2019, through Op Parakram and 26/11 — it is good that one outdated postulate of subcontinental conflict-management lies dead and buried. It was called bilateralism. All these conflicts have been de-escalated by the once-dreaded “third-party intervention”. It’s working well for India.

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