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Pakistan: “Mr. Ten Percent” Asif Ali Zardari returns as President

March 9, 2024 virendra pandit

Virendra Pandit New Delhi: Pakistan Peoples’ Party (PPP)’s top leader Asif Ali Zardari, infamous as “Mr. 10 Percent” because of his alleged corruption, on Saturday, became President for the second time—the only civilian to hold the post twice since the nation came into existence in 1947. In 2013, he also became the first President to […]

Business

Roving Periscope: India-EFTA deal on Sunday; likely with the UK after LS polls

March 9, 2024 virendra pandit

Virendra Pandit New Delhi: While India is set to sign a free trade agreement (FTA) with a group of four European nations on Sunday (March 10), its much-awaited deal with the United Kingdom is likely to be inked only after the Lok Sabha elections in April-May 2024. India and the European bloc EFTA will sign […]

Business

Roving Periscope: The US “revitalizing” ties with India, and others says Biden

March 8, 2024 virendra pandit

Virendra Pandit New Delhi: Firing on all cylinders and against all his foes within and without—ranging from his predecessor Donald Trump, and President Vladimir Putin of Russia to Xi Jinping of China—US President Joe Biden said on Friday that America is “revitalizing” ties with India and others. In his State of the Union address, Biden, […]

Business

Roving Periscope: Hanged ex-PM Bhutto didn’t get a fair trial, says Pakistan SC

March 6, 2024 virendra pandit

Virendra Pandit New Delhi: Indicative of the declining stranglehold of the Pakistan Army on the entire life of the South Asian country, its Supreme Court on Wednesday observed that ex-Prime Minister Zulfiqar Ali Bhutto, who was thrown out of power and then hanged by the military regime in 1979, did not get a fair trial […]

Business

Pakistan: PM Modi congratulates Shehbaz Sharif

March 5, 2024 virendra pandit

Virendra Pandit New Delhi: In the first response from India after the February 8 General Elections in Pakistan, Prime Minister Narendra Modi on Tuesday congratulated Mian Muhammad Shehbaz Sharif, a day after he took oath as the 27th Prime Minister of the South Asian nation facing an existential crisis on multiple fronts. In his very […]

Business

Price rise: CMIE’s inflation projections lower than RBI’s

March 4, 2024 virendra pandit

Virendra Pandit New Delhi: Contrary to the Reserve Bank of India (RBI)’s projections, the leading economic think tank, the Centre for Monitoring Indian Economy (CMIE), said on Monday the country’s inflation may decline for two years in a row. It is likely to fall to 4.3 percent in 2024-25 from 5.4 percent in 2023-24, which […]

Business

Economy: Moody’s ups India growth forecast to 6.8% for 2024

March 4, 2024 virendra pandit

Virendra Pandit New Delhi: Global rating agency Moody’s on Monday raised India’s growth forecast for the 2024 calendar year to 6.8 percent, from 6.1 percent estimated earlier, on the back of ‘stronger-than-expected’ economic data of 2023 and fading global economic headwinds. This forecast came a day after Prime Minister Narendra Modi, exuding confidence in the […]

Business

Roving Periscope: New PM Shehbaz reads the old Pak Army’s Kashmir script, again

March 4, 2024 virendra pandit

Virendra Pandit New Delhi: The day Prime Minister Narendra Modi, in the last Cabinet meeting on Sunday, directed the ministers and bureaucrats to draft a 100-day future-ready plan for implementation after his government returns to power in May 2021, his Pakistani counterpart Mian Mohammed Shehbaz Sharif told his past-ready lawmakers that it will be business […]

Business

Roving Periscope: Pakistan rejects US allegations of ‘poll rigging’

March 2, 2024 virendra pandit

Virendra Pandit New Delhi: Jailed former Prime Minister Imran Khan has urged the IMF not to sanction any loans to Pakistan without an audit of the just-concluded parliamentary elections. And US lawmakers have requested President Joe Biden and Secretary of State Antony Blinken to refrain from recognizing the Shehbaz Sharif-led coalition government set to be […]

Business

Roving Periscope: Courtesy his bete noire Nawaz, Zardari to return as President!

March 1, 2024 virendra pandit

Virendra Pandit New Delhi: Call it an irony, or a quirk of fate. Mian Mohammed Nawaz Sharif, whose party Pakistan Muslim League-Nawaz (PML-N), had once denounced then President Asif Ali Zardari (2008-13) as “Mr. Ten Percent,” and agitated against his alleged corruption, is now all set to re-install the same person as the Head of […]