Elections

Business

Roving Periscope: Uncertainty grips the US over its next President in 2024

December 20, 2023 Vinayak Barot

Virendra Pandit New Delhi: Who will be elected the next US President in November 2024? Nobody knows. Both the principal contenders are facing multiple controversies and health issues while the minor ones are what they are: minors learning to swim in tricky political splash pools. The Democrat incumbent, Joe Biden, is 81 and ailing. […]

Business

Additional spends: Parliament okays Rs. 58k crores, mainly for rural and farm sectors

December 19, 2023 Vinayak Barot

Virendra Pandit New Delhi: During the ongoing Winter Session, Parliament on Tuesday approved a net additional spending of Rs 58,378 crore in the current fiscal ending March 2024, with a large chunk allocated to MGNREGA and fertilizer subsidies. The gross additional spending would now be more than Rs 1.29 lakh crore, out of which […]

Business

Reforms: IMF praises India, says it can contribute over 16% to global GDP

December 19, 2023 Vinayak Barot

Virendra Pandit New Delhi: Praising India’s near-term fiscal policy and its central bank’s proactive monetary policy actions, the International Monetary Fund (IMF) has said the South Asian nation is likely to contribute over 16% to the global GDP soon, the media reported on Tuesday. In its annual Article IV consultation report on India, the […]

Business

Russia: President Putin to run as an “independent” in March 2024 polls

December 16, 2023 Vinayak Barot

Virendra Pandit New Delhi: Announcing that he will seek yet another six-year term in March 2024, Russian President Vladimir Putin has said he will “contest the elections” as an “independent” candidate. For Putin, 71, the so-called election is a formality. With the support of the state, the state-run media, and almost no mainstream public […]

Business

Petroleum: As the US eases sanctions, India to resume buying Venezuelan oil

December 15, 2023 Vinayak Barot

Virendra Pandit New Delhi: With the US easing sanctions against oil-rich Venezuela after over four years, India is ready to resume buying cheaper oil from the South American country, Union Petroleum Minister Hardeep Singh Puri said on Friday. Venezuela has the world’s largest proven oil reserves and a scaling back of US sanctions on […]

Business

Roving Periscope: Impeachment probe begins against US President Joe Biden

December 14, 2023 Vinayak Barot

Virendra Pandit New Delhi: The Republican-controlled US House of Representatives has launched an impeachment inquiry in alleged corruption cases against President Joe Biden, 81, who is running for next year’s presidential poll as the Democrat candidate for a second term of four years. Republicans have yet to provide evidence of corruption by the President […]

Business

Security breach: Parliament suspends 15 MPs, seven Lok Sabha staff

December 14, 2023 Vinayak Barot

Virendra Pandit New Delhi: Fifteen Members of Parliament (MPs) were on Thursday suspended for unruly behavior and disrupting proceedings in their respective Houses for the remainder of the Winter Session, over Wednesday’s incident of a major security breach when two youths were arrested inside the Lok Sabha and two outside the new building of […]

Business

Elections: As Indian democracy blossoms, women voters to outnumber men in 2029

December 14, 2023 Vinayak Barot

Virendra Pandit New Delhi: Women voters are projected to outnumber men voters in 2029, according to a report from the SBI Economic Research Department (ERD). As the nation heads to the scheduled Lok Sabha elections in mid-2024, the total voter turnout at the current rate of polling can touch 68 crores, of which 49 […]

Business

Economy: ADB upgrades India’s GDP growth to 6.7% in FY24

December 13, 2023 Vinayak Barot

Virendra Pandit New Delhi: Unlike China, whose GDP growth in FY24 is expected to slow down to 4.5 percent, the Asian Development Bank (ADB has raised India’s GDP growth forecast from 6.3 percent in September to 6.7 percent now. The ADB on Wednesday said India’s economy would grow 6.7 percent in Financial Year 2023-24 […]

Business

Security breach: Two miscreants arrested for intruding Parliament, creating ruckus in LS

December 13, 2023 Vinayak Barot

Virendra Pandit New Delhi: In a serious security breach on the 22nd anniversary of the terrorist attack on Parliament, two unidentified men were arrested after they intruded on the new building, jumped from the Visitors’ Gallery into the Lok Sabha, released a yellow smoke and shouted slogans, triggering disturbance, on Wednesday. Some MPs tried […]