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Roving Periscope: World braces for the worst as 900 mn Chinese now Covid-infected

January 14, 2023 virendra pandit

Virendra Pandit New Delhi: With the internal migration of hundreds of millions of Chinese beginning on January 7 for the Lunar New Year on January 22-23, over 900 million people in the Asian country are estimated to have already contracted infections because of the fresh resurgence of Covid-19 pandemic, the media reported on Saturday. […]

Business

Global South: PM Modi advocates ‘equivalent voice’ at all forums

January 12, 2023 virendra pandit

Virendra Pandit New Delhi: Advocating an ‘equivalent voice’ for the countries of Global South on all international forums, Prime Minister Narendra Modi on Thursday said the voice of these countries and their priorities are also that of India. Addressing the inaugural leaders’ session of the “Voice of Global South: For human-centric development,” through video-conferencing, he […]

Business

Global economy: World Bank slashes growth forecasts to just 1.7% in 2023

January 11, 2023 virendra pandit

Virendra Pandit New Delhi: Painting a gloomy picture for 2023, the World Bank has slashed its growth forecasts for most countries and regions, and warned that new adverse shocks could tip the global economy into a recession. Global GDP will probably increase only 1.7 percent this year, about half the pace forecast in June 2022, […]

Business

Roving Periscope: ‘No safe limit for alcohol drinking’, says WHO

January 11, 2023 virendra pandit

Virendra Pandit New Delhi: Ten days after the New Year, 2023, kicked off—when liquor consumption worldwide is reported to be the maximum in a year—the World Health Organization (WHO) has said drinking alcohol is risky and there is no safe limit for its consumption for health. At least 200 million people in Europe alone […]

Business

The $9 bn lifeline: Emboldened, bankrupt Pak may now spike terror attacks in India

January 10, 2023 virendra pandit

Virendra Pandit New Delhi: With donors assuring a USD 9 billion lifeline to rescue the sinking economy of a failed Pakistan, an emboldened Islamabad may multiply terrorist attacks on India to divert its hungry people’s attention from the internal Taliban challenge to revanchist agenda in Jammu and Kashmir in the next few weeks. Bankrupt […]

Business

Clean energy: India approves an Rs.19.7 k crore mission for green hydrogen

January 4, 2023 virendra pandit

Virendra Pandit New Delhi: In a significant development, the Government of India on Wednesday approved the National Green Hydrogen Mission (NGHM) with an initial outlay of Rs 19,744 crore, aiming to make the country a global hub for manufacturing this clean source of energy. Prime Minister Narendra Modi launched this Mission on August 15, 2021, […]

Business

Global economy: Recession will hit a third of the world in 2023, warns IMF chief

January 3, 2023 virendra pandit

Virendra Pandit New Delhi: Warning that the global economy would face a tougher year in 2023 than the previous year, International Monetary Fund (IMF) Managing Director Kristalina Georgieva has said a third of the world would be hit hard. For much of the global economy, 2023 is going to be a tough year as […]

Business

Roving Periscope: Covid-19 surge forces President Xi to admit challenges ahead

January 2, 2023 virendra pandit

Virendra Pandit New Delhi: Ahead of the scary Lunar New Year on January 22 amid a Covid-19 tsunami across the land, Chinese President Xi Jinping said tough challenges remain in the country’s fight against the pandemic and acknowledged divisions in society that led to rare spontaneous mass protests in November across the land. […]

Business

Roving Periscope: Amid Covid-19 catastrophe, WHO team meets Chinese officials

December 31, 2022 virendra pandit

Virendra Pandit New Delhi: A team of experts from the World Health Organization (WHO) met with Chinese officials on Friday as the Asian country battled its worst-ever health crisis because of an unprecedented outbreak of the scourge this month that has left millions infected and thousands dead. In 2020, when Covid-19 assaulted the world, […]

Business

Roving Periscope: Is China following a ‘scorched earth’ policy on Covid-19?

December 29, 2022 virendra pandit

Virendra Pandit New Delhi: The way it rode the roughshod and stonewalled all attempts to investigate the cases when Covid-19 broke out in 2020, and then across the world, China’s current tactics and strategy have given rise to speculations whether it might be following a ‘scorched earth’ policy— a military strategy that aims to […]