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Screenshot 2024-07-25 161455
Business

Roving Periscope: Forced to quit, Biden claims he passed the torch to Harris to “save democracy”

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Virendra Pandit New Delhi: Four days after quitting the race under mounting Democratic pressure and falling health, and endorsing Vice President Kamala Harris for the November 5 presidential election as his successor, US President Joe Biden on Wednesday claimed that he has passed the torch to the next generation to “save democracy.” In his first […]
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Screenshot 2024-07-24 175927
Business

Roving Periscope: Security concerns prompt Trump to skip outdoor rallies

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Virendra Pandit New Delhi: Former US President Donald Trump, who survived an assassination attempt on July 13, is planning to stop holding poll campaign rallies outdoors, the media reported on Wednesday. A 20-year-old man, Thomas Matthew Crooks, opened fire at Donald Trump, which narrowly missed his face and grazed the Republican presidential nominee’s ear. The […]
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Screenshot 2024-07-24 165403
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Mishap: Pilot survives but 19 onboard dead in Nepal aircraft crash, fire

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Virendra Pandit New Delhi: At least 19 people, including two crew members, on board, died while the pilot survived when their aircraft crashed and burst into flames soon after it tried to take off at the Tribhuvan International Airport in Kathmandu, Nepal, on Wednesday, the media reported. The plane skidded off the runway soon after […]
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Screenshot 2024-07-23 181144
Business

Union Budget FY25: Defense gets highest priority, allocated over Rs. 6 lakh crore

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Virendra Pandit New Delhi: Given what the first Chief of Defense Staff (CDS), the late General Bipin Rawat, emphasized that India must prepare for a “two-and-a-half front war” (meaning China, Pakistan, and internal challengers), the FY25 Budget has allocated over Rs. 6 lakh crore this year—the highest allocation to any ministry. This is only 1.9 […]
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Screenshot 2024-07-23 172939
Business

Union Budget FY25: Modi 3.0 plays safe, tries to please all as key Assembly polls loom

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Virendra Pandit New Delhi: The first full budget of the NDA government for 2024-25 reflects the economic and political compulsion of the Narendra Modi regime—keeping the two key allies (JD-U and TDP) in good humor for political stability, constraints of drawing up plans for the remaining two quarters (October 2024-March 2025), and mopping up resources […]
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Screenshot 2024-07-23 154007
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Union Budget FY25: “Special aid” for Bihar and Andhra Pradesh

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Virendra Pandit New Delhi: In the first full budget of the NDA government for the financial year 2024-25, tabled in the Lok Sabha on Tuesday, Finance Minister Nirmala Sitharaman announced “special aid” for the Janata Dal (United)-ruled Bihar and Telugu Desam Party- ruled Andhra Pradesh, respectively. Sitharaman announced an allocation of Rs. 26,000 crore for […]
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Screenshot 2024-07-22 184632
Business

Business to politics: Before he became Republican, Trump donated to Biden, Harris!

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Virendra Pandit New Delhi: Soon after President Joe Biden decided to hang his boots and back Vice President Kamala Harris as a Democratic hopeful for the November 5 election, interesting details are tumbling out on how the Republican contender, Donald Trump, once used to donate to those he is fighting against now. Grapevine has it […]
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Screenshot 2024-07-22 174446
Business

Roving Periscope: Finally, under pressure, Biden quits the race; backs Kamala Devi Harris

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Virendra Pandit New Delhi: Under mounting pressure from within the Democratic Party and without, Joe Biden finally pulled out of his re-election bid on Sunday and backed his deputy, Vice President Kamala Devi Harris, for the US Presidential elections scheduled for November 5, 2024. Former President Donald Trump, the Republican candidate, believes that Harris would […]
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Screenshot 2024-07-22 162643
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Economic Survey: India predicts 6.5 to 7% GDP growth in FY25

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Virendra Pandit New Delhi: Asserting that inflation is under control and the Indian economy is on a strong footing, the Economic Survey 2023-24 on Monday highlighted the Narendra Modi government’s thrust on capital expenditure (capex), and said the sustained momentum in private investment has boosted capital formation growth. The survey, which Finance Minister Nirmala Sitharaman […]
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Screenshot 2024-07-20 172812
Business

Investments: Ahead of FY25 Budget, Goyal invites diaspora to invest in India’s bright future

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Virendra Pandit New Delhi: Emphasizing India’s relentless growth potential, Union Minister for Commerce and Industry Piyush Goyal on Saturday invited Indian-Americans and diaspora elsewhere to invest in India’s stock market, bond market, and other financial instruments. Virtually interacting with the Indian-Americans, three days ahead of Finance Minister Nirmala Sitharaman presenting the full Budget for 2024-25 […]
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