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National highways: ‘Indian infra to match American, European in 5 yrs’

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Virendra Pandit  New Delhi: Despite the Covid-19 induced nationwide lockdown and other related constraints, the Ministry of Road Transport and Highways created a world record by constructing an average of 37 km per day of national highways in 2020-21 and now plans to build 40 km a day in FY22, Union Minister Nitin Gadkari said […]
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GST
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Recovering Indian economy: All time high GST collection of Rs.1.24 trillion in Mar 2021

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Virendra Pandit New Delhi: The new financial year (2021-22) began on Thursday on a positive note: at nearly Rs 1.24 lakh crore (Rs.1.24 trillion), the Goods and Services Tax (GST) revenue collection in March 2021 was the highest since the tax system was introduced in July 2017—indicating rapid recovery of Indian economy jolted by the […]
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H1B
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Roving Periscope: Biden lets Trump’s H-1B visa ban expire

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Virendra Pandit  New Delhi: Starry-eyed Indians and others, particularly IT professionals, can now heave a sigh of relief: their work travels to the USA, preparatory to a possible migration, have been made easier by President Joe Biden. On Thursday, he let a June 2020 executive order banning the issuance of new non-immigrant worker visas expire. […]
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BRI
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BRI-II: Biden’s ‘plan’ may bankrupt PRC, the way Reagan’s did to USSR

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Virendra Pandit  New Delhi: With the People’s Republic of China (PRC) finding it difficult to fund its ultra-ambitious Belt and Road Initiative (BRI) any longer, America’s latest proposal to create a global alternative to BRI may force Beijing to invest beyond means, and quickly, to complete the mega-project—something that may bankrupt Beijing the way Ronald […]
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GDP or gross domestic product in wooden block letters on Coins in Increasing order with Indian flag as a background.
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Economy: India’s GDP growth 7.25-12.5% in FY22, says WB

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Virendra Pandit  New Delhi: India’s growth in terms of Gross Domestic Product (GDP) in the financial year 2021-22 is estimated to be in the range of 7.5 to 12.5 per cent, the World Bank said on Wednesday. For the fiscal year 2020-21, which ended on Wednesday, GDP contraction was estimated at 8.5 per cent compared […]
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HK
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China begins to legally crush Hong Kong’s pro-democracy movement

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Virendra Pandit  New Delhi: Twenty-four years after the British handed back Hong Kong to China in 1997, Beijing is reneging on its promise of allowing “One Country, Two Systems” to the world’s fifth-largest financial hub: on Tuesday, its top decision-making body in the parliament unanimously adopted a controversial plan to “reform” Hong Kong’s electoral system […]
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Myanmar-trash
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Roving Periscope: Myanmar activists reply bullets with trash!

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Virendra Pandit  New Delhi: ‘Leave your garbage on the roads’, goes the slogan. In a unique form of civil disobedience movement in Myanmar, where more than 500 people have died in the military junta’s brutal crackdown in the last two months, pro-democracy activists are replying to bullets with accumulating garbage. Recently, some of the injured […]
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tech
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‘Sino-US friction may boost India’s chances as a global tech hub’

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Virendra Pandit  New Delhi: Escalating friction between the U.S. and China could give India a much-needed boost to emerge as a global technology hub, but, to make it possible, New Delhi will have to remove stumbling roadblocks like excessive red tape and government inefficiency. “Washington’s technology cold war with Beijing has resulted in strategic decoupling and […]
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burma
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Armed Forces Day: junta kills over 90 protesters in Myanmar, sparks outrage

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Virendra Pandit  New Delhi: Twenty-six days after a military coup ousted an elected government, Myanmar’s security forces shot and killed at least 90 people, including a five-year-old boy, in separate incidents in the country, sparking global outrage over brutal suppression of popular protest against the junta on Saturday, the Armed Forces Day. With these deaths, […]
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Amazon-Flipkart
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Digital taxes: US mulls tariffs against India, 5 other nations

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Virendra Pandit  New Delhi: America is mulling imposition of tariffs on goods imported from India and five other countries in retaliation for their digital services taxes, media reported on Saturday. U.S. Trade Representative Katherine Tai on Friday said Austria, Britain, India, Italy, Spain, and Turkey have imposed digital services tax. The US is mulling to […]
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