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Welcoming 2021: Fireworks likely as US frames laws on Tibet, Taiwan

Virendra Pandit  New Delhi: Barely three weeks before he lays down the office at the White House, the outgoing US President Donald Trump signed on Sunday into law a bill that calls for establishing a US consulate in Tibet and building a worldwide coalition to ensure that the next Dalai Lama is appointed solely by […]

Roving Periscope: India ‘bans’ entry of Chinese nationals

Virendra Pandit  New Delhi: In what may further escalate tension between China and India, New Delhi has ‘informally’ directed the airlines flying into India not to board Chinese nationals. This is seen as India’s response after recent reports that two cargo vessels with 39 Indians on board have not been allowed to unload their cargo for […]

Refugee crisis: Bangladesh to dispatch more Rohingya Muslims to remote island

Virendra Pandit  New Delhi: Exactly a year ago, all anti-government groups and parties had gathered at Shahinbaugh in the national capital to protest against what they claimed was the “discriminatory” Citizenship (Amendment) Act that empowered the government to evict alien intruders from neighboring countries. None of these ‘secular, liberal, and democratic’ groups have said anything […]

ASK Investment gets IFSCA nod to open branch in GIFT City

Gandhinagar: ASK Investment Managers Ltd, one of India’s oldest and largest portfolio management services (PMS), with an AUM of $3.90 billion, has become the first in the country to get a license from the International Financial Services Centre Authority (IFSCA) to set up a branch at GIFT City here. With a centralized regulatory body authorizing […]

‘COVID-19 will be around for 10 years; more outbreaks likely’

Virendra Pandit New Delhi: Vaccine, at best, seems to be a temporary relief. As the world races to start a humongous immunization drive against COVID-19 next month, the chief of a leading vaccine-maker has said the deadly pandemic will be around for the next 10 years, and that more outbreaks of contagion are likely, triggering […]

‘India may become 3rd largest economy by 2030’

Virendra Pandit Mumbai: India is likely to emerge as the world’s third-largest economy by 2030, a leading think-tank said on Saturday. The year 2020 has been bad to India as the United Kingdom pushed it back from the fifth (in 2019) to the sixth-largest economy. However, India will relegate the UK again to the sixth […]

COVID-19: Vaccination may face hurdles from faiths!

Virendra Pandit  New Delhi: The spark that ignited the fire of the First War of Indian Independence in 1857 was the “greased cartridges” supplied by the East India Company to its hired army, largely comprising Hindu and Muslim soldiers. These cartridges were rumored to have used tallow (animal fat) extracted from cow and pigs, revered […]

Economy: ‘Recovery faster; may go up by 14.2% in H1FY22’, says RBI

Virendra Pandit  Mumbai: The COVID-19 battered Indian economy is recovering faster than expected although inflation needs to be tackled, the Reserve Bank of India (RBI) said on Thursday. While making a faster recovery, the country’s economy may also post a minor positive growth in the third quarter (ending December 2020). However, efforts should be redoubled […]

Roving Periscope: Soviet Union’s glasnost to be China’s perestroika!

Virendra Pandit  New Delhi: The famous Murphy’s Law teaches us that ‘If anything can go wrong, it will.” Nothing elaborates it the way the dismantling of the Soviet Union in the late 1990s, or the ongoing rumblings in the People’s Republic of China do. When Mikhail Gorbachev launched his twin reforms—glasnost (political openness) and perestroika […]

Global Indians: Biden inducts two more Indian-Americans in team

Virendra Pandit  New Delhi: Nearly three weeks before taking oath as the next US President, Joe Biden announced the appointment of two Indian-Americans to key posts in his team at the White House. Announcing White House staff appointments on Tuesday, Biden said Gautam Raghavan and Vinay Reddy will be the new Deputy Director in the […]
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