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

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 […]

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

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 […]

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

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 […]

What a fall! Amazon loses USD 1 trillion in market capitalization since July 2021

Virendra Pandit   New Delhi: That technology-enabled giant companies have lost money heavily this year is known. In India, for example, education technology companies are bleeding; in the US, social media behemoths are sliding swiftly. But who had imagined a technology-based e-commerce and cloud company like Amazon would also follow the same route? But it […]

Winter waves: Covid-19 forces a 7-day lockdown around the world’s largest iPhone plant in China

Virendra Pandit   New Delhi: Amid reports of a recurrence of Covid-19 in the northern hemisphere of the planet in the coming winter weeks—in the last three years, this coronavirus has evolved over 300 variants and sub-variants worldwide—China on Wednesday clamped a seven-day lockdown in Zhengzhou in the area around the world’s largest iPhone manufacturing […]
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