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Roving Periscope: The US rejects Ukraine’s plea, says no sanctions against India

February 9, 2023 virendra pandit

Virendra Pandit   New Delhi: Apparently rejecting a recent plea from embattled Ukrainian President Volodymyr Zelensky to clamp sanctions on India for buying discounted Russian oil, the US has said it is not looking to sanction New Delhi, adding its ties with India are “most consequential.” Two weeks ahead of the first anniversary of the […]

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Business

Temblor: Death toll in Turkey, Syria crosses 11k; WHO fears it may go up to 20,000

February 8, 2023 virendra pandit

Virendra Pandit   New Delhi: With the recovery of a stream of bodies from the widespread debris, the death toll in the Monday earthquakes in Turkey, Syria, and adjoining areas has crossed the 11,000 mark as international teams of rescue and relief operators frantically searched for more survivors. “It is now a race against time,” […]

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Business

Temblor: Death toll mounts to 5,000-plus in Turkey, Syria as India, others rush help

February 7, 2023 virendra pandit

Virendra Pandit   New Delhi: With over 5,000 people dying, and many more bodies feared trapped in the rubble of thousands of collapsed buildings and other structures after Monday’s triple earthquakes in Turkey and Syria—the strongest of them was measured at 7.8 on the Richter Scale—India and several other countries rushed relief and rescue teams […]

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English

Double whammy: A massive, 7.8 temblor kills hundreds in civil war-torn Syria and Turkey

February 6, 2023 virendra pandit

Virendra Pandit   New Delhi: A very powerful earthquake, measuring 7.8 on the Richter Scale, hit southern Turkey and northern Syria early on Monday, destroying hundreds of buildings and killing at least 1.300 people, early media reports said, warning of a possible tsunami in the Mediterranean Sea. The death toll and the number of other […]

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Business

Roving Periscope: With the IMF rejecting the plea, Pakistan inches closer to default

February 2, 2023 virendra pandit

Virendra Pandit   New Delhi: With the International Monetary Fund (IMF) rejecting Pakistan’s revised Circular Debt Management Plan (CDMP) as “unrealistic,” the nearly bankrupt South Asian country has inched closer to default, a la Sri Lanka last year. The global financial institution, in Islamabad to throw a lifeline to a drowning economy, had asked Islamabad […]

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Business

Budget@24: Free ration for a year, push to the farm sector

February 1, 2023 virendra pandit

Virendra Pandit   New Delhi: With global geopolitical, economic, and Covid uncertainties persisting, and ahead of crucial elections to the nine Vidhan Sabhas and the Lok Sabha in the months ahead, the government on Wednesday extended free ration support to the urban and rural poor for another year. In her Budget speech, Finance Minister Nirmala […]

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Business

Roving Periscope: From this weekend, China may witness 36,000 Covid deaths, daily

January 18, 2023 virendra pandit

Virendra Pandit   New Delhi: Fears of a dark Covid-19  winter in rural China grew exponentially this week as the Asian country descended into uncertainty. Just four days ahead of the Lunar New Year (January 22-23), the media reported on Wednesday that China is likely to see nearly 36,000 Covid deaths a day during this […]

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Business

WEF: India, B’Desh may benefit in likely global recession in 2023

January 16, 2023 virendra pandit

Virendra Pandit   New Delhi: A global recession is likely this year but India and Bangladesh may benefit from global trends, the World Economic Forum (WEF) said on Monday. Pressures on food, energy, and inflation may peak in 2023, the WEF, in its Chief Economists Outlook Survey, said, according to the media reports. Some economies […]

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Business

Covid explosion: Finally, China admits 60,000 deaths in a month!

January 16, 2023 virendra pandit

Virendra Pandit   New Delhi: A week before the worried Chinese celebrate their Lunar New Year on January 22, and amid hundreds of millions of people crisscrossing China for this 40-day-long event, Beijing, on Saturday last weekend, admitted witnessing almost 60,000 Covid-related deaths in a month, as the tides of deadly infections swept the country. […]

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Business

Roving Periscope: ‘One percent of Indians own over 40% of the country’s wealth’

January 16, 2023 virendra pandit

Virendra Pandit   New Delhi: The wealthiest one percent of people in India now own more than 40 percent of the country’s total wealth, while the bottom half of the population together share just 3 percent of the wealth, the media reported on Monday. Releasing the India supplement of its annual inequality report on the […]

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