 "Startup fever grips India: What economic challenges, surprises lie ahead?")
Factors influencing credit culture. Why capex is not picking up. And why most startups do not succeed
Tamal Bandyopadhyay: While lenders blame politicians in private, for spoiling credit culture, some lenders themselves are party to it. The RBI is aware of this.
Debashis Basu: Both private consumption and capex are weak and declining, despite strong balance sheets. If the government wants to know why this is so, it will have to get industry to talk frankly and implement many radical steps.
Ajit Balakrishnan explores what ails the startup world.
 "In July 2022, this column pointed out that artificial intelligence (AI) had done at least two pieces of research for which it deserved Nobel prizes. One was working out how to efficiently manage magnetic fields that enable controlled nuclear fusion.")
 "In May and June 2020, thousands of China's border guards and soldiers of the People's Liberation Army (PLA) emerged from the winter freeze in Tibet and Xinjiang and crossed the Line of Actual Control (LAC) into Eastern Ladakh, capturing Indian territ")
 "MGNREGS, labour, daily wages, rural worker, rural employment")
 "The US presidential elections, now a week away, could trigger a reordering in global trade, especially if Donald Trump is re-elected and ratchets up tariffs on China. This is raising expectations in India that it could benefit from an increase in US")
 "China recently introduced an aggressive monetary and fiscal stimulus to revive its flagging economy. Its 2024 growth target of 5 per cent was at risk, as reflected in a loss of momentum, with gross domestic product (GDP) growth slowing to 4.7 per cen")
