Justin Trudeau announced his resignation as the prime minister of Canada and leader of the Liberal Party on Monday. Trudeau’s Liberal Party, in all likelihood, would like to elect a new leader before March, but the process can take longer. While Trudeau put India-Canada relations on a diplomatic hot plate, the move also indicated his last-ditch and desperate attempt, amid …
The government has a $3-billion incentive plan to create electronics brands and boost private research spending on the sector. However, assembling operations typically have very little margins, and a significant part of it is earned by firms from China—leaving India with little value apart from being a market where access to labour is cheap. In comparison with mere assembly of …