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Economy: Pakistan’s debt servicing cost may go up to PKR 8.5 trillion

November 7, 2023 Vinayak Barot

Virendra Pandit New Delhi: Nearly bankrupt, Pakistan has informed the International Monetary Fund (IMF) that its debt servicing costs may go up to PKR 8.5 trillion in the current financial year and that efforts are being made to lower this projection through adjustments in debt maturity profiles. A substantial portion of this debt is […]

Business

The Gaza War: Pro-Hamas Turks try to storm the US airbase in Turkiye

November 6, 2023 Vinayak Barot

Virendra Pandit New Delhi: Days after angry Muslim mobs ‘invaded’ a Russian airport right up to the runway to protest against an Israeli aircraft’s arrival, hundreds of pro-Palestinian protesters tried to storm an airbase that housed US troops in Turkey on Sunday, the media reported. Meanwhile, as Israel’s assaults on the Gaza Strip entered […]

Business

Adani Energy Solutions Limited, Consolidated Results for Q2 FY24 and 1H FY24

November 6, 2023 Vinayak Barot

Ahmedabad, 06 November 2023: Adani Energy Solutions Limited (“AESL”), part of the globally diversified Adani portfolio, the largest private transmission and distribution company in India with a growing smart metering portfolio, today announced its financial and operational performance for the quarter and half year ended September 30, 2023. Financial Highlights – Consolidated (Transmission and Distribution(1)): […]

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Economy: India’s GDP is up, but any hike in crude prices could dent progress

November 6, 2023 Vinayak Barot

Virendra Pandit New Delhi: As rating agency Fitch on Monday upgraded India’s mid-term GDP growth forecast from 5.5 percent earlier to 6.2 percent now, investment banker Morgan Stanley cautioned that any crude price hike above USD 110 per barrel might force the RBI to increase interest rates again. For 2023-24, Fitch said the Indian […]

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Roving Periscope: Amid Taliban’s protest and threats, Pak deports 170,000 Afghans

November 6, 2023 Vinayak Barot

Virendra Pandit New Delhi: Islamabad, which is shedding tears over the plight of fellow Muslim Palestinians of the Hamas-ruled Gaza Strip amid its war with Israel, has itself deported nearly 170,000 ‘unregistered’ poor Afghan refugees in about two weeks, despite the Taliban’s threats and approaching winter. The media reports, quoting Pakistan’s border officials, said […]

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Roving Periscope: Hamas ‘predicts’ the USA’s Soviet-type collapse!

November 4, 2023 Vinayak Barot

Virendra Pandit New Delhi: As Israel relentlessly encircled Gaza City in the northern Gaza Strip, killing many and wounding even more people, the Hamas terror outfit ‘predicted’ that the USA, the chief supporter of the Jewish state, would “collapse just like the USSR”, at a time US Secretary of State Antony Blinken returned to […]

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Testing own medicine: Terrorists attack Pak air force base, damage 3 aircraft, all 9 killed

November 4, 2023 Vinayak Barot

Virendra Pandit New Delhi: As Pakistan forced 1.7 million “illegal” Afghan refugees to flee home this week, supports the Hamas’ brutal attack on Israel, and heads to hold General Elections to the National Assembly in February next year, a little-known terror outfit, Tehreek-e-Jihad Pakistan (TJP) launched a massive attack on a major Pakistan Air […]

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Hezbollah: Now, Russia’s Wagner Group may arm the Iran-supported outfit with advanced missiles

November 3, 2023 Vinayak Barot

Virendra Pandit New Delhi: Iran and Russia are likely to unofficially enter the Hamas-Israel war through their proxies–Hezbollah and the Wagner militia–to expand the Middle East conflict into a wider area. Ever since Russia invaded its neighbor on February 24, 2022, the US-led West has been arming and funding the war-torn Ukraine to prolong […]

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Roving Periscope: AI the most ‘disruptive force’ in history, warns Elon Musk

November 3, 2023 Vinayak Barot

Virendra Pandit New Delhi: The world’s wealthiest person and among the foremost technology savants, Elon Musk, has dubbed Artificial Intelligence (AI) as the “most disruptive force in history.” “We will have something smarter than the smartest man,” he remarked, adding “As a result, there will come a point where no job is needed. You […]

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The Gaza War: India favors a two-state solution, says Oct 7 Hamas attack on Israel a “big terror act”

November 3, 2023 Vinayak Barot

Virendra Pandit New Delhi: Reiterating India’s time-tested policy of zero tolerance for terrorism in all its formats, External Affairs Minister S. Jaishankar said the October 7 attack on Israel by Hamas was an “act of terrorism,” as he emphasized a two-state solution on the Palestinian issue for ushering in peace in the Middle East. […]