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Business

Roving Periscope: China criticizes India for not signing the SCO Summit Declaration.

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Virendra Pandit   New Delhi: It happens rarely when a nation hosting a key international summit refuses to sign the document issued at the end of the event. But that’s what exactly happened on July 4 when India declined to sign the New Delhi Declaration at the end of the Shanghai Cooperation Organization (SCO) Summit […]
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Business

Technology: Meta’s Threads challenges Elon Musk’s Twitter

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Virendra Pandit   New Delhi: Within 24 hours after its launch, Meta’s fresh-from-oven microblogging platform Threads has attracted over 30 million users worldwide, threatening big-boy Twitter, in what is seen as the latest revolution in the social media networking ecosystem. Marc Zukerberg’s Meta, which also owns Facebook and Instagram, launched the new platform on Thursday, […]
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Business

Roving Periscope: Pakistan Army has no fuel for tanks; suspends exercises!

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Virendra Pandit   New Delhi: Two years after then Pakistan Army chief General Qamar Javed Bajwa admitted that Islamabad cannot go to war against India as its tanks were not in working condition, the bankrupt South Asian country’s troops have also run out of fuel and suspended all military drills and war exercises until the […]
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Business

Economy: India’s growth sustainable, FinMin says, and cautions against headwinds

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Virendra Pandit   New Delhi:  Noting that the Indian economy grew by 7.2 percent in 2022-23, especially in its last quarter (January-March 2023), the Finance Ministry on Thursday said the country will continue to register sustained growth in a more durable way than before—but also cautioned about the possible headwinds that could pose major challenges, […]
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Business

Seasonal cycle: In some Indian cities, tomato is far more expensive than apples, and petrol!

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Virendra Pandit   New Delhi: The La Nina effect, which extended the onset of the Monsoon season, the Biparjoy cyclone in June, and an extremely hot, humid, and prolonged summer, adversely affected horticulture and floriculture in several Indian states, severely impacting supplies of vegetables and flowers. But tomato took the cake: its high prices in […]
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English

Global warming: Earth records hottest day ever on Tuesday, July 4

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Virendra Pandit   New Delhi: This week’s Tuesday (July 4), when the United States celebrated its Independence Day, was the hottest day ever recorded globally, according to data from the United States National Centers for Environmental Prediction. The average global temperature reached 17.01 degrees Celsius (62.62 degrees Fahrenheit) on Monday, surpassing the August 2016 record […]
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Defence

Roving Periscope: No country wants Japan to release Fukushima waters in the Pacific Ocean

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Virendra Pandit   New Delhi: Japan got a green signal from the United Nations’ International Atomic Energy Agency (IAEA) on Tuesday for its plans to pump out and release 1.3 million tons of treated radioactive water into the Pacific Ocean over the next few decades from the tsunami-wrecked Fukushima nuclear power plant, but no country […]
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Business

SCO Summit: ‘Don’t hesitate to criticize terror-supporting nations’, says PM Modi

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Virendra Pandit    New Delhi: Prime Minister Narendra Modi on Tuesday asked the members of the Shanghai Cooperation Organization (SCO) to actively criticize nations supporting cross-border terrorism. “Some countries shield terrorism. We have to fight together against terrorism,” he said, according to the media reports. Addressing the SCO Summit virtually, PM Modi, in the digital […]
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Business

Roving Periscope: Canada’s domestic politics spoiling its relations with India

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Virendra Pandit    New Delhi: Domestic political compulsions may have forced Canadian Prime Minister Justin Trudeau to go ‘soft’ on pro-Khalistani separatists in his North American country which has seen a recent spurt in violence by anti-Indian activists. The revitalized Khalistani separatists have resurfaced and attacked Indian interests in Canada, the US, and Australia, among […]
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Business

Dubious distinction: Pakistan is IMF’s fourth biggest debtor!

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Virendra Pandit   New Delhi: When Muhammed Ali Jinnah founded it in 1947, he argued that only by breaking away from a “poor” India could Pakistan become a prosperous nation. Seventy-five years later, his dream project has come crashing down on the planet. Bankrupt and poly-crises-ridden, Pakistan is now set to become the fourth biggest […]
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