Indonesian President Prabowo Subianto plans to discuss the purchase of BrahMos missiles during his upcoming visit to India for Republic Day, aiming to import the supersonic cruise missile developed by BrahMos Aerospace. Jakarta could become the third customer in Southeast Asia for the missile system, following the Philippines and Vietnam, with potential discussions on maintenance support for Indonesian Air Force Sukhoi30 fighter jets. Prabowo’s previous visit in 2020 included talks on BrahMos, but budget constraints delayed a deal, while current challenges in Su30 maintenance post Russia-Ukraine war may prompt seeking India’s assistance.
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Lend, baby, lend: Borrowers getting younger
MUMBAI: A study by Paisabazaar reveals that the average age of first-time credit borrowers in India has decreased by 21 years across three generations, with individuals born in the 1990s starting to borrow at age 25-28, primarily through unsecured loans. This shift from the past, where borrowing typically began at age 47 for those born in the 1960s, reflects increased accessibility to credit due to higher disposable incomes and technological advancements, such as the Jan...
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