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Brazil
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Covid-19: Brazil fears 600,000 deaths by June-end

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Virendra Pandit  New Delhi: With the second wave of global pandemic relentlessly surging across the planet, Brazil, which recorded over 4,200 Covid-related deaths in 24 hours for the first time on Tuesday, is now bracing to a total of 600,000 deaths by the end of June. Dr. Miguel Nicolelis, who until recently was the co-ordinator […]
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Adani
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Adani Group India’s 3rd conglomerate to cross $100 bn in m-cap

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New Delhi: Despite the global gloom and plummeting economies in the wake of the devastating Covid-19 pandemic in 2020, the Adani Group leaped ahead to become India’s third conglomerate to cross the USD 100 billion mark in market capitalization. The Gautam Adani-led ports-to-energy conglomerate witnessed shares of four of its six listed companies soaring to […]
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GDP
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Indian economy: Amid Covid-19 spike, IMF sees 12.5% growth in FY22

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Virendra Pandit  New Delhi: Amid an unprecedented spike in Covid-19 infections in some states, which may potentially derail the economic recovery, the International Monetary Fund (IMF) has raised its growth projection for India by at least one percentage point for the current fiscal 2021-22, and also revised it upwards for the next financial year. In […]
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Mundra
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Logistics: Mundra replaces JNPT as India’s largest port

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Virendra Pandit  Mumbai: Mundra Port in Gujarat, the flagship port of Adani Ports and SEZ Ltd (APSEZL), has overtaken state-run Jawaharlal Nehru Port Trust (JNPT) near Navi Mumbai, to become India’s largest container gateway. Mundra Port, India’s biggest commercial port by volumes, run by the country’s largest private port operator, handled 5.65 million TEUs (Twenty-foot […]
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WW3
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Roving Periscope: ‘World War 3 may begin in a month’

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Virendra Pandit  New Delhi: Vladimir Putin, 68, has just signed a law giving himself two additional terms of six years each, which enables him to remain the Russian President until he turns 84 in the year 2036. He was, apparently, influenced by his Chinese counterpart Xi Jinping, who has, similarly, enabled himself to remain President-for-Life. […]
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sensex
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Covid-19 spike: Sensex plummets 870 points

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Mumbai: A countrywide panic triggered by an unprecedented jump in the Covid-19 positive cases in the country, nearly half of them in Maharashtra alone that forced the western state into lockdown-like restrictions, spooked investors on Monday, as market indicator Sensex fell by over 1,400 points in the morning session, closing at 870 points. Besides, a […]
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Byju’s-buys-Aakash
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Education: Byju’s acquires Aakash Edu for $ 1bn

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Virendra Pandit  New Delhi: In the biggest-ever stock-and-cash deal in the world’s education technology sector, decacorn Byju’s has closed a mega- strategic partnership deal to acquire competitive examination preparation company Aakash Educational Services Ltd (AESL) for nearly $1 billion (Rs.7333 crore). “I am happy to have Aakash Educational Services Limited (AESL), a market leader and […]
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LG PHONE
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Telecom: LG first smartphone to quit world market

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Virendra Pandit  New Delhi: In global and local businesses, products are usually launched with much fanfare, but a company officially announcing a complete withdrawal of products from the market is a rare phenomenon. South Korea’s LG Electronics Inc., has become perhaps the first company to announce the withdrawal of its loss-making smartphone from the global […]
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hasina_on_corona_1_0
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Covid-19: Week-long lockdown in Bangladesh from Monday

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New Delhi: On a day India registered nearly 90,000 fresh coronavirus cases on Friday—half of them in Maharashtra alone—over 6,800 Bangladeshis tested positive, prompting Dhaka to clamp a week-long nationwide lockdown, except for essential services, from Monday (April 5, 2021). The Bangladesh government took the decision on Saturday as Covid-19 cases and deaths have surged […]
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imran-khan-amul-cartoon-759
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Roving Periscope: How Indian media got carried away on Pak imports?

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Virendra Pandit  New Delhi: Contrary to claims carried this week by a section of the Indian media about Pakistan’s alleged ‘U-Turn’ on resuming sugar, yarn, and cotton imports from India, military-controlled Islamabad had never decided to resume trade activity with New Delhi in the first place. But sections of Indian media, unaware of Pakistan’s internal […]
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