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Covid-19: India’s second wave hampers vax campaigns in Africa, other countries

Virendra Pandit  New Delhi: The surging second wave of Covid-19 in India, which suddenly spiked the numbers of infections and deaths, is worrying more than 60 poorer countries in Africa and other continents which find it difficult to get free or affordable vaccines from New Delhi which has curtailed exports to meet the domestic demand. […]

India’s WPI inflation rises to over 8-year high of 7.39% in March

New Delhi: India’s wholesale price index (WPI) rose over an 8-year high of 7.39 percent in March 2021, data released by the Union Ministry of Commerce & Industry showed on Thursday. The WPI grew 4.17 percent during February, while for January it was revised to 2.51 percent from 2.03 percent, the data showed. The WPI […]

Amid serious threats, Paris asks French citizens to leave Pakistan

Virendra Pandit  New Delhi: Paris has advised the French citizens to leave Pakistan for their own safety after threats to their life and property by a far-right Islamist outfit, Tehrik-e-Labaik Pakistan (TLP), which was banned by Islamabad on Wednesday after large-scale violence and hostage-taking of policemen. Early this week, thousands of TLP Islamists, protesting against […]

Covid-19: RIL, BPCL to supply oxygen for needy patients

New Delhi: India’s biggest private sector company Reliance Industries Ltd (RIL), and state-run Bharat Petroleum Corporation Ltd (BPCL), are diverting oxygen produced at their oil refineries to help India battle a severe second wave of Covid-19 currently pounding the country, particularly Mumbai, due to exponential spike in daily new infections. RIL is sending 100 metric […]

India Inc.: ‘Despite Covid-19, 70% CEOs see revenue growth in FY22’

Virendra Pandit  New Delhi: At a time the second Covid-19 wave is wreaking havoc across India and other countries, 70 percent of Chief Executive Officers (CEOs), despite considering the pandemic as the uppermost threat to growth, see revenue growth in the financial year 2021-22. At least 93 percent of them are willing to invest in […]

Arrest of Islamist, ban on terror outfit: ‘Pakistan on brink of a civil war’

Virendra Pandit  New Delhi: Despite a surging second wave of Covid-19, the recent arrest of an Islamist leader and the government threat to ban his outfit has triggered massive protests across Pakistan, including its commercial capital Karachi, and the bankrupt nation is seen as being on the brink of a civil war after Islamist demonstrators […]

Economic recovery: Fundraising in FY21 defies Covid-19, up 115%

Virendra Pandit  New Delhi: That Indian economy is in an irreversible post-coronavirus recovery mode became clear yet again on Wednesday when numbers of the market response to raise funds in the financial year 2020-21 came: fundraising for public issues jumped by 115 percent in FY21. Right issues saw an increase of 15 percent. According to […]

Roving Periscope: Modi-led India may respond militarily to Pak provocation’

Virendra Pandit New Delhi: India led by Prime Minister Narendra Modi is more likely to respond with military force to Pakistan provocations, a US intelligence report has said. Ever since Modi came to power in 2014, India has effectively replied to Pakistan-sponsored terror attacks at least twice, and also conducted a minor military operation in […]

Roving Periscope: Fined but richer, Jack Ma ‘cocks a snook’ at Beijing!

Virendra Pandit  New Delhi: It is unheard of even in a capitalist country that a globally-known businessman fined by the government actually becomes richer as his investors stayed with him. But this has happened recently in China where Jack Ma, founder of Alibaba, became richer by over USD 2.3 billion after the government fined his […]

Buying life: Brazilians angry at the rich jumping the vaccine queue

Virendra Pandit  New Delhi: Most Brazilians are angry at their government’s decision to legally enable the largest South American country’s rich and famous to get a preference in vaccination, at a time when experts apprehend around 100,000 new deaths in April, most of them poor, and another 500,000 by mid-2021 due to the resurgent Brazil-origin […]
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