Business

Business

Disaster: 65 POWs die as Russian aircraft crashes near Ukraine border

January 24, 2024 Vinayak Barot

Virendra Pandit New Delhi: A Russian military transport plane, Ilyushin II-76, carrying 65 Ukrainian prisoners of war, six crew, and three people accompanying them crashed on Wednesday morning in Russia’s Belgorod region near Ukraine, Russia’s Defense Ministry said. It wasn’t immediately clear if anyone survived or what caused the crash at around 11 AM, […]

Business

Roving Periscope: Trump wins NH, may trounce Haley in SC, and take on Biden

January 24, 2024 Vinayak Barot

Virendra Pandit New Delhi: With New Hampshire in his kitty, former US President Donald Trump, seeking re-election this year, is expected to trounce Indian-American Nikky Haley also in South Carolina in February to win the key Republican nomination which would enable him to take on the incumbent Joe Biden who is also taking a […]

Business

Was Hindenburg Report The Biggest Con Played on Indian Investors?

January 24, 2024 Vinayak Barot

“I am basically there to make money, I cannot and do not look at the social consequences of what I do,” -George Soros |in 2008, speaking about his role in financial collapse of Thailand, Malaysia, Indonesia, Japan and Russia Exactly a year ago, a seismic shock rocked the Indian stock market as US based short-seller […]

Business

The Gaza War: Israel wants more hostages released—without ending the conflict!

January 23, 2024 Vinayak Barot

Virendra Pandit New Delhi: Around 108 days after the ongoing Gaza War began, Israel is reported to be pushing for a deal with the Hamas terrorists for the release of the remaining hostages—without ending the war—as its Prime Minister Benjamin Netanyahu is under severe pressure at home and overseas. According to the media reports […]

Business

Ayodhya: With infra worth $ 1 bn developed, 50 mn tourists/ year expected

January 23, 2024 Vinayak Barot

Virendra Pandit New Delhi: With an estimated USD 1 billion (Rs. 83,000 crores) invested in enhancing infrastructure in Ayodhya, the holy town is likely to attract 50 million pilgrims per annum, making it among the topmost pilgrim-cum-tourist places in the world. According to a report by Jefferies, a global brokerage firm, the January 22 […]

Business

Adani Electricity And Adani Ports Outlook Revised To Stable From Negative; Ratings Affirmed

January 22, 2024 Vinayak Barot

S&P has affirmed the ratings of Adani Ports and Special Economic Zone Ltd. and Adani Electricity Mumbai Ltd., while revising its outlook to ‘Stable’ from ‘Negative’, due to strong business fundamentals and robust cash flows. The global rating agency said that the conclusion of most regulatory investigations into the Adani Group without evidence of wrongdoing […]

Business

Roving Periscope: Despite China brokering peace, Pakistan wary of Iran

January 20, 2024 Vinayak Barot

Virendra Pandit New Delhi: With China playing the peacemaker between two frenemies, the Pakistan-Iran tension after their tit-for-tat airstrikes against each other has blown over for now but Islamabad is still wary of Tehran’s next possible move. Both Shia Tehran and Sunni Islamabad are close allies of Beijing. And Pakistan is heading towards the […]

Business

Roving Periscope: Is the US trying to shift the M-E war from Gaza to Iran, via Pakistan?

January 19, 2024 Vinayak Barot

Virendra Pandit New Delhi: Can a nearly bankrupt Pakistan dare attack a relatively prosperous and better-armed Iran, suspected of having nuclear weapons as well? Did an unstable Pakistan, which is going to parliamentary polls on February 8 to potentially elect the army-supported Nawaz Sharif again, as the PM and is beset with multiple crises, […]

Business

Aviation: India will need over 2,500 new aircraft deliveries by 2042

January 19, 2024 Vinayak Barot

Virendra Pandit New Delhi: India, currently the first largest aviation market in the world, will need nearly 2,500 new aircraft deliveries by 2042. According to Boeing, India is the only big economy, a large market in Asia, which has evolved to pre-pandemic levels in terms of domestic and global demand. That reflects how important […]

Business

Agriculture: India’s wheat production in 2024 to be “good,” says Munda

January 19, 2024 Vinayak Barot

Virendra Pandit New Delhi: With the completion of sowing of wheat, the main rabi (winter) crop, its production this year is expected to be “good,” Union Agriculture Minister Arjun Munda said on Friday. The sowing, which began in October 2023, was completed in various states, including the three top producers—Uttar Pradesh, Madhya Pradesh, and […]