Elections

Business

Markets: Ahead of June 4, Sensex, Nifty50 shed weight as S&P upgrades India

May 29, 2024 virendra pandit

Virendra Pandit New Delhi: Although S&P revised India’s outlook to ‘positive’ and maintained its ‘BBB-‘ rating on Wednesday, cautious stock markets shed some weight ahead of June 4 when results of the ongoing Lok Sabha election will be declared. The election campaign for the seventh and last phase of parliamentary elections will close on Thursday […]

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Business

Roving Periscope: “Plot to carve out a Christian state,” says Sheikh Hasina

May 27, 2024 virendra pandit

Virendra Pandit New Delhi: Bangladesh Prime Minister Sheikh Hasina Wajed has dropped a geopolitical bombshell by stating that the West is “plotting to carve out a Christian state” out of Muslim-majority Bangladesh and Buddhist-dominant Myanmar, and referred to an offer from a “White man” in this regard, the media reported on Monday. Accusing the West—without […]

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Business

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

May 24, 2024 virendra pandit

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

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

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

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

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

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

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

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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