Healthcare

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 […]

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 […]

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 […]

Business

Covid-19: Over 20,000 Apple employees quit China’s Foxconn factory

November 25, 2022 virendra pandit

Virendra Pandit New Delhi: Of the 200,000-odd employees at the world’s largest Apple factory in China, nearly 20,000 have left their job in the wake of a fresh outbreak of Covid-19 and issues related to payment arrears, the media reported on Friday. The plant recently witnessed hundreds of employees suddenly fleeing the premises, by […]

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 […]

Business

Roving Periscope: China battles homegrown enemy—Covid-19—again

November 24, 2022 virendra pandit

Virendra Pandit New Delhi: In October, when President Xi Jinping directed the People’s Liberation Army (PLA) to be war-ready, he may not have expected China would have to, first, battle a homegrown enemy: Covid-19. On Thursday, Beijing and Shanghai shut down, and Zhengzhou locked down, amid an unprecedented outbreak of pandemic infections. According to […]

Business

Apple’s woes: Foxconn offers staff USD 1,400 to quit jobs!

November 24, 2022 virendra pandit

Virendra Pandit New Delhi: After Wednesday’s unprecedented violence showing the shape of things to come, the Foxconn Technology Group has taken an extraordinary step to encourage the employees to leave the world’s largest iPhone factory at Zhengzhou in China: it is offering a ‘severance incentive’ of 10,000 yuan (USD 1,400) to those quitting their […]

Business

No pay, Zero Covid: China’s frustrated Apple staff violently clashes with police

November 23, 2022 virendra pandit

Virendra Pandit New Delhi: With the fresh outbreak of the pandemic infections, the Chinese government’s brutal Zero Covid strategy has turned into a force multiplier for millions of people to vent their frustration over continued hardships, which manifested when hundreds of workers at Apple Inc.’s main iPhone-making plant violently clashed with security personnel on Wednesday. Tensions […]

Business

Covid-19: China reimposes curbs, reports 3 deaths, 28k-plus infections in a day

November 22, 2022 virendra pandit

Virendra Pandit New Delhi: Despite a brutal Zero Covid policy and widespread lockdowns confining millions behind doors to stamp out the bug, China reported the first three deaths in Beijing in the last six months and over 28,000 infections on Tuesday across the country, underlining its failure to eradicate the pandemic from the communist […]

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 […]