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Business

Roving Periscope: Curbs gone, now China may face over two million Covid-19 deaths in 2023

December 20, 2022 virendra pandit

Virendra Pandit   New Delhi: For the first time since 1949, Communist-ruled China briefly became a ‘People’s Republic’ in November when, under extreme pressure because of the widespread protests against the Zero Covid policy across the country, it suddenly lifted brutal tactics to keep the potential and real pandemic victims behind doors. But this has […]

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Business

The Sunrise: India to be a $5-tr economy by FY25, says Gadkari; USD 30 tr by 2047, says Tata Sons chief

December 16, 2022 virendra pandit

Virendra Pandit   New Delhi: Union Road Transport and Highways and MSME Minister Nitin Gadkari on Friday said India, the world’s fastest-growing major economy, is all set to achieve a GDP worth USD 5 trillion by the financial year 2024-25. And Tata Sons Chairman N. Chandrasekaran said India can look forward to becoming a USD […]

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Business

Covid-19: As China’s pandemic numbers go up, economic numbers slide down

December 15, 2022 virendra pandit

Virendra Pandit     New Delhi: China is a classic example of the phrase: ‘You are damned if you do, and you are damned if you don’t!’ Its brutal Zero Covid policy kept the factories closed and people locked at home for weeks and months until protests forced the government to abandon it in November; […]

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Business

Tory Pariwar: Six weeks into office, British PM Rishi Sunak faces a fresh revolt!

December 12, 2022 virendra pandit

Virendra Pandit    New Delhi: A century ago, India was the ‘Jewel in the British Crown.’ In the 2020s, India’s Janata Pariwar experiments in political and economic instability, of the 1970s and 1990s vintage, may have shifted to Great Britain, which currently has an Indian-origin Prime Minister in Rishi Sunak Just six weeks into office, […]

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Business

Roving Periscope: With Finance Track, India starts rolling out year-long G20 meetings

December 12, 2022 virendra pandit

Virendra Pandit   New Delhi: After the inaugural Sherpa Track Meeting of India’s G20 Presidency, held on December 4 at Udaipur, Rajasthan, the first meeting of the Finance Track of the Group involving central bank officials and finance ministry bureaucrats of the member countries, or the Finance and Central Bank Deputies (FCBD), will start in […]

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Defence

Roving Periscope: No Zero Covid policy may now overwhelm China with infections!

December 9, 2022 virendra pandit

Virendra Pandit   New Delhi: After three years of stringent Zero Covid policy, China’s rapid abandonment of mass testing, lockdowns, and centralized quarantine may overwhelm the world’s most populous country with fresh waves of infections, ahead of the Chinese New Lunar Year on January 22, 2023, when millions of holidaying people traditionally migrate within the […]

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Defence

Ukraine: Western sanctions-hit Russia requests India to provide over 500 spare parts

November 29, 2022 virendra pandit

Virendra Pandit   New Delhi: Severely hit because of the West and its allies’ comprehensive sanctions, the invasion of Ukraine which Russia started on February 24 this year is now biting Moscow itself, forcing it to request New Delhi to deliver spare parts for hundreds of products urgently. According to the reports on Tuesday, Russia’s […]

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Business

Roving Periscope: China tries to douse nationwide fires of unrest, woo investors back

November 29, 2022 virendra pandit

Virendra Pandit   New Delhi: Worried over the security forces’ apparent reluctance to crush the widespread protests across the country—the Sri Lankan police officers joined protesters six months ago!—China is attempting to douse the countrywide protests against mounting multiple crises by adopting a combination of soft measures like subtly censoring social media and quietly easing […]

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Business

Roving Periscope: China trembles as the pandemic cocks a snook at Zero-Covid policy

November 28, 2022 virendra pandit

Virendra Pandit   New Delhi: As widespread protests against China’s brutal Zero-Covid policy multiplied across the country, where nearly 100 towns and cities are under lockdowns over the fresh outbreak of the infections, panicked investors readied for a dip as markets opened in Asia on Monday to grim reports of growing unrest in the world’s […]

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Business

Global slowdown: S&P hopeful, but cuts India’s growth forecast in FY23 to 7%

November 28, 2022 virendra pandit

Virendra Pandit   New Delhi: With shadows of global slowdown advancing across the planet like an eclipse, S&P Global Ratings on Monday cut the forecast for India’s economic growth in 2022-23 from 7.3 percent earlier to 7 percent now, but said the domestic demand-led economy, now the fifth largest in the world, will be less impacted […]

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