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Tesla’s EVs: Elon Musk postpones next week’s India visit to “later this year”

April 20, 2024 virendra pandit

Virendra Pandit New Delhi: Tesla chief Elon Musk, who was expected to announce an investment of around USD 3 billion to manufacture his electric vehicles and start satellite broadband services in India, has postponed his next week’s visit to the South Asian country to “later this year.” “Unfortunately, very heavy Tesla obligations require that the […]

Business

Defense: India delivers BrahMos missiles to China-wary Philippines

April 19, 2024 virendra pandit

Virendra Pandit New Delhi: India on Friday delivered BrahMos missiles to the Philippines, as its deterrent against China, as part of the USD 375 million defense deal signed bilaterally in 2022. The export of ground systems for the BrahMos supersonic cruise missile system along with the missiles started in March. The Indian Air Force sent […]

Business

Election year: IMF official applauds India for fiscal discipline

April 19, 2024 virendra pandit

Virendra Pandit New Delhi: An International Monetary Fund (IMF) official has praised India for maintaining fiscal discipline in an election year, saying the Indian economy is doing well and continues to be the world’s bright spot. “At this point, India’s economy is doing well. Growth at 6.8 percent is very good. Inflation’s coming down. We […]

Business

Roving Periscope: A ‘peaceful’ war Israel and Iran reluctantly fight under domestic compulsions

April 19, 2024 virendra pandit

Virendra Pandit New Delhi: Around the year 540 BC, Persian Emperor Cyrus the Great, founder of the Achaemenid Empire, one of the largest-ever domains anywhere, defeated the Babylonians and released the hapless Jews held captive for five decades, allowing them to return to Israel, that ensured they developed their religion, Judaism. The grateful Jews never […]

Business

Roving Periscope: India trying to catch Musk’s EV to reach the UNSC top seat

April 18, 2024 virendra pandit

Virendra Pandit New Delhi: The biggest stumbling block in India’s securing the Permanent Membership of the United Nations Security Council (UNSC) has been its first Prime Minister Jawaharlal Nehru’s shortsighted decision to pass on the offer to China instead. For over 75 years, India has paid heavily because of this strategic blunder of a romanticist […]

Business

Pakistan: “I’ll not leave the Army chief,” Imran threatens Gen Asim Munir

April 18, 2024 virendra pandit

Virendra Pandit New Delhi: “If anything happens to my wife, I will not leave Asim Munir as long as I am alive,” said former Pakistan Prime Minister Imran Ahmed Khan Niazi from behind bars in his latest rant against the Army chief whom he holds responsible for all his problems. Bushra Bibi, 49, was convicted […]

Business

2047: India to be a $34.7 trillion economy, with a per capita income of $21,000

April 18, 2024 virendra pandit

Virendra Pandit New Delhi: The Indian economy in 2047, when the South Asian country celebrates its Independence from the British Raj, will attain the size of USD 34.7 trillion, with a per capita income of USD 21,000. Industry body PHD Chamber of Commerce and Industry (PHDCCI) said in a report that the country’s economy is […]

Book Review

Release of Author Achal Rangaswamy’s new book “Don’t Courier That Engagement Ring- Stories from the Market”

April 17, 2024 Vinayak Barot

New book Don’t Courier That Engagement Ring- Stories from the Market by author Achal Rangaswamy has been released. Author Achal Rangaswamy said about this book, These are stories from the most challenging yet invigorating field of Selling. These stories are mostly real, have happened to the author or to his colleagues, peers, subordinates, and seniors. […]

Business

The Maldives: India imposes port restrictions for export of essential commodities

April 16, 2024 virendra pandit

Virendra Pandit New Delhi: Amid volatile bilateral relations with the Maldives, India on Tuesday imposed port restrictions on the export of essential commodities to the island nation in the Indian Ocean which has earned China’s friendship and debt-trap but lost India’s tourists and goodwill in the last six months. According to a notification issued by […]

Business

Roving Periscope: How UPA govt tried to make the RBI its cheerleader?

April 16, 2024 virendra pandit

Virendra Pandit New Delhi: Former Reserve Bank of India (RBI) Governor D. Subbarao’s recent memoirs have exposed the UPA government’s alleged pressure during his tenure (2008-13) on the central bank to paint a rosier picture of its performance. His book arrived when his successor, the former RBI chief Raghuram Rajan, was under attack in some […]