Political

Business

Ukraine: ‘Russia unlikely to achieve results and war may drag on for decades’

May 26, 2023 virendra pandit

Virendra Pandit   New Delhi: When Russia invaded Ukraine on February 24, 2022, it fancied the war will be over in “48 to 72 hours.” It has not happened because, despite wanton destruction, Ukraine has refused to surrender and fought back with Western aid. Russia itself has suffered huge losses in the 15 months of […]

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Business

Roving Periscope: India, the fastest-growing economy worldwide in 2023, says WEF chief

May 26, 2023 virendra pandit

Virendra Pandit   New Delhi: While the Reserve Bank of India (RBI) recently pegged India’s GDP growth at 6.5 percent this year—and the government’s numbers expected next week may declare a 7 percent growth—the World Economic Forum is seeing the South Asian economy to clock the highest growth among the world’s biggest economies this year. […]

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Business

Roving Periscope: Amid Ukraine losses, Russia arrests missile scientist for ‘betraying secrets’ to China

May 25, 2023 virendra pandit

Virendra Pandit   New Delhi: On February 4, 2022, when Vladimir Putin inked a “limitless friendship” with Xi Jinping in Beijing, barely 20 days before invading Ukraine, little did the Russian President, perhaps, know that China was allegedly stealing state-of-the-art missile technology from Russia. Now, Russia has arrested a hypersonic scientist accusing him of ‘betraying […]

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Book Review

Multiple Whammy: Amid relentless political turmoil, Pakistan’s economy coming to a grinding halt

May 25, 2023 virendra pandit

Virendra Pandit   New Delhi: Amid continued political uncertainty, the Imran Khan factor, terror attacks on its Afghan borders, threats of a civil war or a military coup, and a bankrupt financial system, an already shattered economy in Pakistan is coming to a near-grinding halt by next month, which may finally force it to announce […]

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Business

Deadlier than Covid-19: WHO warns about the next pandemic

May 24, 2023 virendra pandit

Virendra Pandit   New Delhi: After warning that Covid-19 is far from over—in fact, it is threatening China once again with a new Omicron subvariant, XBB—the World Health Organization (WHO) has warned about the next pandemic “with even deadlier potential” than Covid-19, according to the media reports on Wednesday. When Covid cases are somewhat stabilizing […]

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Business

Roving Periscope: PM Modi invites Australians to invest in India

May 24, 2023 virendra pandit

Virendra Pandit   New Delhi: Prime Minister Narendra Modi on Wednesday invited Australian investors to take advantage of investment opportunities in India in key sectors like semiconductors, digital infrastructure, telecommunications, and others. PM Modi, who arrived in Sydney on Monday for the third and final leg of his three-nation tour, is visiting Australia as a […]

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Business

Roving Periscope: Post-terror era, India showcases J&K’s potential at G-20 meeting

May 23, 2023 virendra pandit

Virendra Pandit    New Delhi: Jammu and Kashmir Lieutenant-Governor Manoj Sinha on Tuesday said the Pakistan-sponsored terror ecosystem evolved in the last 30 years in the former border state has been isolated through developmental schemes. The new Union Territory, a land of peaceful co-existence of almost all religious sects, had to suffer state-sponsored terrorist attacks […]

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Business

Modi is “The Boss”, says Australian PM; India a “bright spot”, says Modi

May 23, 2023 virendra pandit

Virendra Pandit    New Delhi: Prime Minister Narendra Modi, who won accolades during his ongoing three-nation tour, reiterated on Tuesday the IMF’s recent observation that the Indian economy is a “bright spot” while his Australian counterpart Anthony Albanese likened him with rockstar Bruce Springsteen, adding PM Modi is “The Boss.” Addressing a massive gathering of […]

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Business

Covid-19 returns, again: China may witness a new wave, 65 mn infections a week

May 23, 2023 virendra pandit

Virendra Pandit   New Delhi: Barely 20 days after the World Health Organization (WHO) announced that Covid-19 is no longer a public health emergency, China, the epicenter of the pandemic, is bracing for a fresh wave which may peak with 65 million infections per week by June-end. According to a media report on Wednesday, a […]

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Business

Demonetization 2.0: Withdrawing Rs. 2,000 notes and launching digital INR

May 22, 2023 virendra pandit

Virendra Pandit   New Delhi: The Reserve Bank of India (RBI)’s withdrawal of the Rs. 2,000 currency notes from circulation after September 30 may be a precursor to the launch of India’s digital currency to make all monetary transactions as transparent as possible in a phased manner. The RBI launched the first pilot of the […]

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