Elections

Business

EVs: Worried over falling sales, Musk’s Tesla sacks 2 more top officials; hundreds to follow

April 30, 2024 virendra pandit

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Virendra Pandit New Delhi: Tesla Inc CEO Elon Musk has dismissed two top officials and plans to sack hundreds of employees working under them because of dwindling sales of electric cars and the pace of job cuts globally, the media reported on Tuesday. At the end of 2023, Tesla had 140,473 employees globally. Those sacked […]

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Business

Economy: Without PM Modi’s vision, India won’t be the third-largest economy, says Nirmala

April 29, 2024 virendra pandit

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Virendra Pandit New Delhi: Finance Minister Nirmala Sitharaman on Monday said India emerging as the third-largest world economy is not an “arithmetic inevitability” but requires sound efforts and a visionary leader like Prime Minister Narendra Modi to accomplish it. Commenting on Former FM P. Chidambaram’s recent claim that India would, anyway, become the third-largest economy […]

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Business

Roving Periscope: Ex-RBI chief Rajan opposes inheritance and wealth taxes

April 29, 2024 virendra pandit

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Virendra Pandit New Delhi: While the Indian National Congress’s election manifesto hinted at redistribution of wealth and its overseas arm chief Sam Pitroda has favored levying of inheritance tax—which has spiced up the ongoing campaign for the Lok Sabha campaign–former Reserve Bank of India (RBI) Governor Raghuram Rajan has opposed this idea. In some countries […]

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Business

The US elections: Despite the assurance, China seeks to “influence and interfere”

April 27, 2024 virendra pandit

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Virendra Pandit New Delhi: US Secretary of State Antony Blinken said on Friday that America has seen “evidence” of Chinese attempts to “influence and arguably interfere” with the upcoming Presidential elections in America—despite Chinese President Xi Jinping’s earlier commitment not to do so. He made these comments in an interview with CNN on Friday while […]

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Business

Roving Periscope: As in India, professional protestors bring US varsities to a halt

April 26, 2024 virendra pandit

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Virendra Pandit New Delhi: Crowds seldom mean supporters. Many do not even know why they are part of a protest—wily professional protest managers selectively exploit and coax the media and the people, to support and join a protest, any protest, even without a cause. Indian Prime Minister Narendra Modi has aptly called them “Aandolanjeevi” (professional […]

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Business

Democracy: At Rs. 1,400 per vote, the LS 2024 election to cost Rs. 1.35 trillion

April 26, 2024 virendra pandit

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Virendra Pandit New Delhi: The festival of democracy comes with a cost and is often seen as an expensive exercise to keep an elected government in power. The ongoing Lok Sabha 2024 elections in India, spread over 45 days and seven phases between April and June to elect 543 representatives, will be the most expensive […]

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Business

Roving Periscope: Worried, the West prepares for Trump’s return to WH!

April 25, 2024 virendra pandit

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Virendra Pandit New Delhi: In the first indication ever that Donald Trump may, after all, return to the White House after the November 2024 presidential elections, the allies of the USA are now preparing to ‘meet the situation.’ Germany is waging a charm offensive inside the Republican Party. Japan is lining up its own Trump […]

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Business

Roving Periscope: To keep fires burning, US approves $95 bn package for Ukraine, Israel, and Taiwan

April 24, 2024 virendra pandit

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Virendra Pandit New Delhi: War is big business and supporting, even financing, wars elsewhere keeps democracy alive and kicking in America. Nothing proves it better than what the US Congress has done just now even as pro-Palestinian and anti-Semitic protestors have brought several elite universities to a halt amid raging protests. And this is in […]

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Business

Pakistan: Now, jailed Imran’s party denies it is “in talks” with the Army!

April 24, 2024 virendra pandit

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Virendra Pandit New Delhi: Wheels within wheels. That defines Pakistan and its politics. A week, after the Sharifs floated a trial balloon that crises-ridden Pakistan should re-engage its “neighbor”—meaning India—the nearly bankrupt country is agog with speculations that the ruling regime might reopen a way to New Delhi. And that the omnipresent Pakistan Army, to […]

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Business

Roving Periscope: In an election year, US varsities are plagued with JNU-type “students” protests!

April 23, 2024 virendra pandit

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Virendra Pandit New Delhi: In an election year, the United States, which loves to lecture the world on freedom and democracy, is testing its own medicines on college campuses over its pro-Israel policy in the Gaza War that has claimed nearly 34,000 people since the October 7, 2023, invasion of the Jewish state by Hamas […]

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