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virendra pandit

Roving Periscope: Zhang in jail, now Jack Ma goes ‘missing’ in China

Virendra Pandit  New Delhi: Suicide is as old as human existence. Individuals know when they kill themselves. But nations do not realize they are committing suicide. Even the Dragon does not! One can see the ground in the corridors of power slipping from under their feet when the rulers start taking revenge for their failures […]

COVID-19: All Indians to get free vaccine; shots to 30 cr people by July

Virendra Pandit New Delhi: Union Health Minister Harsh Vardhan on Saturday said all Indians will get the COVID-19 vaccine free of cost, as a dry run to the world’s biggest vaccination drive against a pandemic kicked off across all the states and Union Territories. At a time many countries are still grappling with the vaccine-availability, […]

SEBI impose Rs.70 cr fine on RIL, Mukesh, and two SEZs in 2007 case

Mumbai: The Securities and Exchange Board of India (SEBI) on Friday imposed penalties on Reliance Industries Ltd (RIL), its Chairman and Managing Director Mukesh Ambani, and two SEZs in Maharashtra for alleged manipulative trading in the shares of erstwhile Reliance Petroleum Ltd (RPL) in November 2007. The market regulator imposed fines of Rs 25 crore […]

Brexit: Finally, Britain moves out of European Union

Virendra Pandit  New Delhi:  On the day Prime Minister Boris Johnson celebrated Britain’s exit (Brexit) from the European Union, his father, Stanley, applied for French citizenship to mark his protest to what many believe a historical mistake of the United Kingdom. Britain is the first member state to leave the EU, which was formed in […]

Roving Periscope: “January sixth. See you in DC!”

Virendra Pandit  New Delhi: On December 31, 2020, at 12.36 AM, US President Donald Trump tweeted: “January sixth. See you in DC!” The six-word cryptic message to America by its President—outgoing or incoming?—has shocked the country like never before in its 244-year history. Rarely has Washing DC been so uncertain as to who will be […]

Desperate Dragon: China warns Indian media not to play the “Tibet card”

Virendra Pandit  New Delhi: A jittery China, annoyed at the world encircling it in a pincer movement, on Wednesday warned the Indian media from playing the “Tibet card”, claiming it as an “internal affair”. The year 2020 has seen China’s global reputation and standing plummeted to nadir after the COVID-19 outbreak, its failure to redraw the […]

Lone Wolf: ex-journalist in China now Asia’s richest businessman!

Virendra Pandit  New Delhi: A laborer-turned-journalist-turned-businessman, Zhong Shanshan has quietly replaced India’s top billionaire Mukesh Ambani as Asia’s richest man, media reports said on Thursday. He has been so off the world’s financial radars that he is often known locally as a ‘lone wolf’. He is a ‘private billionaire’ who rarely surfaced in the media […]

Bullion vault services begin in GIFT City

Gandhinagar: With Sequel Logistics inaugurating their FTWZ Vault for precious commodities, bullion vaulting services have commenced in GIFT City, India’s only operational smart city and International Financial Services Centre (IFSC). Sequel Logistics, a leading secure logistics company, commenced its state-of-the-art Precious Commodities Vault, for storage of gold and silver, at GIFT City’s multi-services Special Economic […]

COVID-19: After UK’s approval to AZ vaccine, India may follow suit soon

Virendra Pandit  New Delhi: With the United Kingdom granting approval to the coronavirus vaccine,  developed by Oxford University, and pharmaceutical major AstraZeneca, India is also expected to approve the much-awaited shots at the earliest. London’s approval came within days of detection of a new, highly-infectious strand in the coronavirus in the UK from where it […]

Roving Periscope: Alibaba’s ‘close sesame’ triggers bloodbath on Chinese bourses

Virendra Pandit  New Delhi: When Deng Xiaoping kicked off the four-pronged modernization of the People’s Republic of China (PRC) in the 1980s, he was focused more on making his country a superpower like the USSR and the USA, in that order. With his far-sightedness, China did emerge as the world’s second-largest economy by 2020. What […]
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