Elections

Business

Roving Periscope: The subtle “M” word enters Trump’s campaign lexicon

May 24, 2024 virendra pandit

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Virendra Pandit New Delhi: Controversial former US President Donald Trump has done what none of his predecessors could. He stirred up the hornet’s nest by raising the influx of ‘Muslims’ into America, hinting at them without naming them, and promised he would deport them wholesale if he returned to the White House after the November […]

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Business

Markets: Expecting a Modi government return, Sensex up at 75,000k-plus, Nifty50 crosses 22,900

May 23, 2024 virendra pandit

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Virendra Pandit New Delhi: A day after the Reserve Bank of India (RBI), unlike many struggling central banks wordwise, announced a dividend (surplus) of Rs. 2.1 trillion to the Centre, the country’s stock markets reacted positively with Sensex and Nifty50 hitting record closing highs of 75.418 and 22,967, respectively, on the back of strong gains […]

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Business

Mid-term elections: PM Sunak keeps FinMin and Tories in the dark on July 4 polls

May 23, 2024 virendra pandit

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Virendra Pandit New Delhi: Indian-origin British Prime Minister Rishi Sunak surprised even his Chancellor of the Exchequer Jeremy Hunt on Wednesday when he announced snap elections to the 650-member House of Commons on July 4, staking his Conservative Party’s future amid a series of setbacks at home and abroad. His decision to hold mid-term polls […]

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Business

Surplus: As FinMin prepares the FY25 budget, RBI transfers Rs. 2.1 trillion to the Centre

May 22, 2024 virendra pandit

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Virendra Pandit New Delhi: The Board of the Reserve Bank of India (RBI), on Wednesday, approved the transfer of Rs 2.1 trillion (Rs 2,10,874 crore) as surplus to the Centre for the accounting year 2023-24. This significant transfer is expected to reduce the government’s borrowing requirements and positively impact G-Sec yields. During its 608th meeting […]

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Business

Roving Periscope: The US is stunned as 3 European allies recognize Palestine!

May 22, 2024 virendra pandit

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Virendra Pandit New Delhi: In a far-reaching disruption, the equivalent of a geopolitical temblor, three European allies of the United States—Norway, Ireland, and Spain—on Wednesday announced to recognize a separate Palestinian State, in a historic move that may potentially cripple NATO amid Russian challenge and diminish President Joe Biden’s chances of a second term in […]

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Business

Roving Periscope: “Genocide Joe” Biden slams ICC prosecutor’s plea for warrants against Bibi, others

May 21, 2024 virendra pandit

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Virendra Pandit New Delhi: Calling the death of over 35,000 Palestinians in the Gaza Strip as “no genocide”, Joe Biden on Monday slammed the International Criminal Court (ICC) prosecutor’s plea for arrest warrants for senior Israeli officials, including Prime Minister Benjamin Netanyahu, as the poll-bound US President called the move “shameful, outrageous.” Addressing a Jewish […]

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Business

Taiwan: New Prez seeks peace with China; Beijing sanctions US cos

May 20, 2024 virendra pandit

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Virendra Pandit New Delhi: Taiwan’s new President William Lai Ching-te, in his inaugural address on Monday, sought peace with China. In response, Beijing announced sanctions on leading US companies, like Boeing, for arms sales to Taiwan. Soon after being sworn in as the new President, Ching-te praised the self-governing island’s democracy and urged China to […]

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Business

Roving Periscope: Iran heads to uncertain future as President Raisi dies in chopper crash

May 20, 2024 virendra pandit

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Virendra Pandit New Delhi: Amid simmering conflict with Israel, tensions with the US and the Arabs, the killing of senior army generals, and a months-long women’s anti-clerical agitation, Iran on Monday headed toward an uncertain future as its President Ebrahim Raisi and Foreign Minister Hossein Amirabdollahian died in a helicopter crash in the dense fog […]

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Business

Hypocrisy: After several self-goals, the US suddenly ‘praises’ Indian democracy!

May 18, 2024 virendra pandit

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Virendra Pandit New Delhi: It’s election season even in the US and no party can afford to antagonize the powerful, 4-million-strong, Indian-American community. So, after threatening, warning, and condemning India on various counts—Russia, Khalistan, Canada, human rights, Iran, etc.– in the last few months under pressure from its Liberal-Democrat-Secular (LibDemSec) power brokers–the Biden Administration suddenly […]

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Business

“Brothers forever”: Presidents Putin and Xi cement their ties, again

May 17, 2024 virendra pandit

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Virendra Pandit New Delhi: In February 2022, days before Russia invaded Ukraine, President Vladimir Putin attended the Olympic Games in Beijing, returned with a promise of “limitless friendship” with his Chinese counterpart Xi Jinping, and ordered his armed forces to launch a “special military campaign” that has dragged on from his intended “48 hours” to […]

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