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India can’t afford to go on a debt binge

India’s economy has suffered more than most from the pandemic and so have its people. The country has lost more than a year’s worth of growth and perhaps a decade’s progress in its efforts to reduce poverty. The economic contraction — the first in India since the 1970s — has put pressure on its government like so many others to ...

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Silicon Valley won’t last forever; Texas knows it

Is Texas really a serious rival to California as a destination for high-tech? The growing exodus of banner companies — Oracle Corp, Hewlett-Packard Enterprise Co, Tesla Inc’s Space-X and others — suggests that there’s something to the idea. Still, skeptics rightly point out that plenty of other places have made a bid to become the new Silicon Valley and never ...

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Deutsche Bank, its rival are stuck in a mire

In 2019, Deutsche Bank AG and Commerzbank AG explored (and abandoned) plans to fix their broken models by merging. Since then, they have been making some progress on their own and up against the pandemic. After five years in the red, Deutsche finally returned to a meager profit, while Commerzbank, the smaller rival, is at last embarking on a much-needed ...

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