Political

Business

Refund: V-I wins Rs.1,128 crores battle as Bombay HC pulls up I-T for laxity

November 9, 2023 Vinayak Barot

Virendra Pandit New Delhi: The Bombay High Court has directed the Income Tax department to refund Rs. 1,128 crores to Vodafone Idea Ltd which the telecom firm paid in taxes for the assessment year 2016-2017. I-T’s assessment order, passed in August 2023, was “time-barred and hence cannot be sustained,” the HC ruled on Wednesday. […]

Business

Irony: Russia wants to buy back the defense stuff from clients to continue the war in Ukraine!

November 9, 2023 Vinayak Barot

Virendra Pandit New Delhi: When Russia invaded Ukraine on February 24, 2022, it self-assured to fold up the war in “48 to 72 hours.” Nearly 20 months on, as the longest war since the Second World War continues, the inconclusive conflict has turned into an embarrassment it can neither close nor continue without enough […]

Business

Roving Periscope: War being big business, 3 Hamas leaders amass USD 11 billion

November 9, 2023 Vinayak Barot

Virendra Pandit New Delhi: Amid the ongoing war between Hamas and Israel, while many amongst the 2.3 million poor Palestinians struggle to get a morsel of food and a bottle of water, leaders of the ruling terror outfit have amassed huge wealth. Many of them are war merchants, living in comfort in Qatar, their […]

Business

Economy: India to be among top three in ‘my third tenure,’ says PM Modi

November 8, 2023 Vinayak Barot

Virendra Pandit New Delhi: Exuding confidence of a win in the forthcoming Lok Sabha elections, due by May 2024, two-term Prime Minister Narendra Modi on Wednesday said India’s economy will be among the top three during his third tenure. Addressing a public meeting in Damoh town of Madhya Pradesh, amid a campaign for the […]

Business

E-commerce: Amazon, Flipkart, and others to make deliveries using EVs in India

November 8, 2023 Vinayak Barot

Virendra Pandit New Delhi: E-commerce majors Amazon and Flipkart, and other players, have launched programs in India envisaging cent percent deliveries using electric vehicles. Currently, Amazon India has a fleet of 6,000 EVs for making deliveries across 400 towns and cities in the country. It will increase the fleet to 10,000 in the next […]

Business

Roving Periscope: Amid peace efforts, rivals try to assassinate PA President Abbas in WB

November 8, 2023 Vinayak Barot

Virendra Pandit New Delhi: On the 33rd day of the war against Hamas, the Israeli Defense Forces (IDF) entered Gaza City, driving many civilians southward and planning to ‘reoccupy’ the Gaza Strip, while a rival terror faction tried to assassinate Palestinian Authority President Mahmoud Abbas on Wednesday amid international peace efforts. Meanwhile, attempts to […]

Business

Diplomacy: G-7 FMs to discuss Hamas, Ukraine, and Central Asia in Japan

November 7, 2023 Vinayak Barot

Virendra Pandit New Delhi: Ever since the Hamas terror group invaded Israel a month ago, the ongoing Russian invasion of Ukraine, which started on February 24, 2022, has virtually disappeared from headlines worldwide. Even Ukrainian President Volodomyr Zelenskyy had complained about this. Now the Group of Seven (G-7) foreign ministers meeting in Japan for […]

Business

Roving Periscope: No general ceasefire, as Israel prepares for the long haul in Gaza

November 7, 2023 Vinayak Barot

Virendra Pandit New Delhi: The cycle of death and destruction continues. The Israeli Defense Forces (IDF) are unlikely to return home anytime soon even if and after they ‘win’ the Gaza War. They are, instead, preparing for a long haul in the Palestinian enclave of 2.3 million poor people, 1.5 million of whom have […]

Business

Economy: Pakistan’s debt servicing cost may go up to PKR 8.5 trillion

November 7, 2023 Vinayak Barot

Virendra Pandit New Delhi: Nearly bankrupt, Pakistan has informed the International Monetary Fund (IMF) that its debt servicing costs may go up to PKR 8.5 trillion in the current financial year and that efforts are being made to lower this projection through adjustments in debt maturity profiles. A substantial portion of this debt is […]

Business

The Gaza War: Pro-Hamas Turks try to storm the US airbase in Turkiye

November 6, 2023 Vinayak Barot

Virendra Pandit New Delhi: Days after angry Muslim mobs ‘invaded’ a Russian airport right up to the runway to protest against an Israeli aircraft’s arrival, hundreds of pro-Palestinian protesters tried to storm an airbase that housed US troops in Turkey on Sunday, the media reported. Meanwhile, as Israel’s assaults on the Gaza Strip entered […]