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Neighbors: India for deepening civilizational ties, and economic integration with Sri Lanka

November 3, 2023 Vinayak Barot

Virendra Pandit New Delhi: Finance Minister Nirmala Sitharaman on Thursday said India favors deepening its civilizational ties and economic integration with India and will closely work with the island nation on debt restructuring attempts and economic recovery. Addressing the India-Sri Lanka Business Summit in Colombo on Thursday, during a three-day visit, she urged industry […]

Business

The Giving Pledge: HCL’s Shiv Nadar donated Rs. 5.6 crore every day in 2022!

November 2, 2023 Vinayak Barot

Virendra Pandit New Delhi: The long tradition of billionaires donating huge sums for philanthropic causes in the West is now catching up amongst the Indian rich and famous as well. In all, 119 Indian billionaires donated Rs. 8,445 crores in 2021-22, which was 59 percent more than they gave away in the year before. […]

Business

Technology: India to lead the world in 6G rollout, says PM Modi

October 27, 2023 Vinayak Barot

Virendra Pandit New Delhi: After seeing the fastest roll-out of the 5G across the country, India is poised to lead the world in the 6G as well, Prime Minister Narendra Modi said on Friday. Addressing the Seventh India Mobile Congress, he said the government is working on becoming a leader in 6G as well. […]

Business

Canada: “Trudeau incompetent…will restore ties with India,” says Oppn chief

October 25, 2023 Vinayak Barot

Virendra Pandit New Delhi: Canada Prime Minister Justin Trudeau is ‘incompetent and unprofessional’, Conservative Party and opposition leader Pierre Poilievre said on Tuesday and vowed to ‘restore relationship with New Delhi’ if he becomes the next PM. “We need a professional relationship with the Indian government. India is the largest democracy on Earth. And it’s […]

Business

Gaming: Centre asks online firms to cough up Rs. one lakh crore as GST

October 25, 2023 Vinayak Barot

Virendra Pandit New Delhi: A month after cracking the whip on several online gaming companies, the Centre has served show-cause notices to them to pay GST to the tune of Rs. one trillion (one lakh crore). India’s cricket maniacs, who fell for celebrities endorsing online games, have reportedly ended up losing billions of rupees […]

Business

Electricity: ‘By 2050, India’s ACs would consume more power than entire Africa’

October 24, 2023 Vinayak Barot

Virendra Pandit New Delhi: India is geographically larger than Europe, minus Russia’s European part, and the British called the South Asian country a ‘subcontinent.’ By 2050, however, the air-conditioners installed in a rising India will alone consume more electricity than an entire continent—Africa—will do. India’s demand for electricity for running household air conditioners is […]

Business

Khalistan: “Canadian diplomats misused powers, gave visas to separatists”

October 23, 2023 Vinayak Barot

Virendra Pandit New Delhi: Amid the month-long Canada-India row, and New Delhi packing off 41 Canadian diplomats in one go last week, the media reported on Monday that these envoys were “misusing their power and granting visas to Khalistan supporters.” According to reports, the Canadian diplomats had gone “very soft” on visas to […]

Business

Conflict: The Hamas-Israeli clash may spur inflation, hamper growth, says IMF

October 12, 2023 Vinayak Barot

Virendra Pandit New Delhi: Until now, the five-day war between Israel and Sunni terror outfit Hamas is limited to the Jewish state and Gaza Strip, but, if it widens, it may trigger a significant rise in oil prices and hamper growth, the International Monetary Fund (IMF) said on Thursday. The global lender’s First […]

Business

Economics: Claudia Goldwin wins the Nobel Prize 2023

October 9, 2023 Vinayak Barot

Virendra Pandit New Delhi: American economic historian and labor economist Claudia Goldwin won the Nobel Prize in Economics for 2023, the media reported on Monday. She won it for “having advanced our understanding of women’s labor market outcomes,” the Royal Swedish Academy of Sciences said. The prestigious award, formally known as the “Sveriges Riksbank […]

Business

Khalistan: British PM Sunak calls Canada’s Trudeau to de-escalate tension with India

October 7, 2023 Vinayak Barot

Virendra Pandit New Delhi: In a fresh move by the West to persuade Canada to get its bilateral relations with India back to normal, British Prime Minister Rishi Sunak called his Canadian counterpart Justin Trudeau on Friday to de-escalate tension with New Delhi. The two leaders underscored the importance of de-escalation of the India-Canada […]