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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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Business

Energy terror: Russia weaponizes winter, begins to freeze defiant Ukraine

November 24, 2022 virendra pandit

Virendra Pandit   New Delhi: As Russia’s February 24 invasion of Ukraine entered the ninth month on Thursday, it has now weaponized bitter winter to freeze its war-torn neighbor, many of whose areas plunged into darkness amid water, food, and fuel shortages. Now, Russia is likely to tighten the screws on Europe as well. Moscow […]

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Business

Ukraine: “It’s the beginning of the war’s end,” says President Zelensky

November 15, 2022 virendra pandit

Virendra Pandit    New Delhi: Although Russia has only tactically retreated a part of its armed forces from Kherson it occupied months ago, Ukraine’s President Volodymyr Zelensky, in a surprise visit to the ‘liberated’ area, on Monday exuded confidence that it’s the “beginning of the end of the war.” According to reports, Russia pulled back […]

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Business

G20 Summit: India to get 50% of electricity from renewables by 2030, says PM Modi

November 15, 2022 virendra pandit

Virendra Pandit    New Delhi: India is pushing ahead with the target of generating 50 percent of its electricity from renewable sources by 2030, Prime Minister Narendra Modi said at the Group of 20 (G20) Summit at Bali, Indonesia, on Tuesday, as he ruled out “any restrictions” on energy supply and stability. The two-day Summit […]

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Business

Covid-19: Brutal lockdowns trigger rare protests in China’s Guangzhou City

November 15, 2022 virendra pandit

Virendra Pandit   New Delhi: From angry and widespread protests—accompanied by loud slogans like “Let it Rot”, to “Lie Down”—the Chinese people’s frustrations over the brutal implementation of the Zero Covid policy to confine them behind doors, found a vent in violence in Guangzhou City where hundreds of people clashed with police as they marched […]

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Business

Population Bomb: As the world now has 8 bn people, India to replace China in 2023

November 15, 2022 virendra pandit

Virendra Pandit   New Delhi: It is worrying that Earth now has 8 billion mouths of Homo sapiens to feed when the global climate is collapsing, the world is worried over international conflicts with new war theatres emerging, and the planet is facing a global recession in 2023, with food, fuel, and financing crises looming […]

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Business

Price rise: India’s WPI inflation the lowest in 19 months, eases from 10.7% in Sept to 8.39% in Oct

November 14, 2022 virendra pandit

Virendra Pandit   New Delhi: While many economies worldwide are fighting soaring inflation, and recessionary trends, India’s annual Wholesale Price-based Inflation (WPI) eased from 10.7 percent in September to 8.39 percent in October to 8.39 percent year-on-year, the lowest since March 2021, because of a fall in commodity prices, the government said on Monday. “Decline […]

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Business

Roving Periscope: Putin to skip; Biden, Xi meeting at G20 Summit in Indonesia next week

November 11, 2022 virendra pandit

Virendra Pandit    New Delhi: Nearly nine months after Russia’s invasion of Ukraine, amid reports he could be assassinated, President Vladimir Putin will skip the next week’s G-20 meeting in Indonesia, but the US President is all set to meet his Chinese counterpart Xi Jinping. In Beijing, Foreign Ministry spokesperson Zhao Lijian told journalists on […]

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