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PNB scam: ‘Choksi may be deported to India soon,’ says Harish Salve

June 9, 2021 virendra pandit 0

Virendra Pandit New Delhi: With the Dominica High Court scheduled to hear Mehul Choksi’s case on June 11, and the Antiguan government reaching the court to revoke his citizenship, eminent Indian lawyer Harish Salve has said that the absconding diamantaire could be brought back to the country within weeks. The former Solicitor-General, who had also […]

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Economy: Now, the WB slashes India’s GDP growth to 8.3% in FY22

June 9, 2021 virendra pandit 0

Virendra Pandit New Delhi: At a time when coronavirus-affected economies, including India’s, are in a recovery mode because of receding pandemic numbers, the International Bank for Reconstruction and Development (IBRD), or World Bank, has taken an opposite view: it has slashed India’s GDP growth in FY22 from 10.1 percent forecast in April to 8.3 percent […]

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Covid-19: Centre to handle all vaccination; PM extends free ration for poor until Nov

June 7, 2021 virendra pandit 0

Virendra Pandit New Delhi: The Centre on Monday decided to handle the entire vaccination programme across India, once again, from June 21, and announced to continue the supply of food-grain free-of-cost to the poor and ration card holders until November, which will benefit 80 crore people. In his ninth Address to the Nation since March […]

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MSMEs: WB approves $500 mn loan to support India’s initiatives

June 7, 2021 virendra pandit 0

Virendra Pandit New Delhi: The International Bank for Reconstruction and Development (IBRD), also known as the World Bank,’s Board of Executive Directors has approved a $500 million loan program to support the Government of India’s nationwide initiative to revitalize the MSME sector, which has been heavily impacted by the Covid-19 crisis. The program targets improvements […]

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GMB to set-up India’s first IMS cluster at GIFT City

June 7, 2021 virendra pandit 0

Gandhinagar: Port sector regulator Gujarat Maritime Board (GMB) will set up India’s first International Maritime Services (IMS) cluster at GIFT City. The cluster will be developed as a dedicated ecosystem comprising of ports, shipping, logistics services providers, and pertinent government regulators, all present in the same geographic vicinity (GIFT City). It will also leverage the […]

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PNB scam: Antigua police probes Mehul Choksi’s ‘abduction’ claims

June 7, 2021 virendra pandit 0

Virendra Pandit New Delhi: Leaving nothing to chance and ensure that fugitive diamantaire Mehul Choksi, wanted in India for allegedly masterminding the Rs.13,500 crore scam involving Punjab National Bank (PNB), does not buy time or get benefits of any legal loopholes to skip his repatriation to India, the Antigua Police has launched a probe into […]

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Covid-19: ‘Non-BJP govts wasting, profiteering from vaccines’ says Puri

June 5, 2021 virendra pandit 0

New Delhi: Responding to Congress leader Rahul Gandhi relentlessly taking potshots at the NDA Government on the Covid-19 vaccine-related issues, Union Civil Aviation Minister Hardeep Singh Puri said the Opposition-ruled states are not only wasting vaccine doses but also profiteering on the procurement of vaccines by selling at higher prices. Addressing a press conference, he […]

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Indian economy: ‘Recovery to begin this month, gather pace in July’

June 5, 2021 virendra pandit 0

New Delhi: Days after the Reserve Bank of India (RBI) downgraded the nation’s GDP growth forecast from 10.5 to 9.5 per cent in FY22, Niti Ayog Vice-Chairman Dr Rajiv Kumar said on Saturday that growth projections will be revised once the economy starts recovery this month and gathers momentum in July. In a statement, he […]

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Global Indians: Rise and fall of South Africa’s Gupta brothers

June 5, 2021 virendra pandit 0

Virendra Pandit New Delhi: We have seen so many Non-Resident Indians (NRIs) becoming high-achievers in the countries they migrated to. This year, Kamala Harris, of Indian origin, became the first-ever woman, and colored, Vice-President of the United States. But this story about an NRI family is different. Sadly it comes from South Africa which had […]

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5-G tech: Delhi HC junks Juhi Chawla’s PIL, fines Rs.20 lakh

June 4, 2021 virendra pandit 0

New Delhi: Coming down heavily on those filing ‘public interest litigations’, the Delhi High Court on Friday dismissed actor-environmentalist Juhi Chawla and others’ petition against implementation of the proposed 5-G transmission network in India, and, while terming it as an “attempt to gain publicity”, imposed a fine of Rs.20 lakh on the petitioners. The court […]