Arun Kumar Shrivastav

By Arun Kumar Shrivastav Elon Musk’s financial muscle is being felt all over the world. After buying Twitter for $44 billion in cash a few days back, Musk is now joking that Coca-Cola is next on his shopping list. In a list of 2668 billionaires worldwide, India has 166 of them. But few Indian billionaires […]

The post The Missing Link Between Elon Musk And Indian Entrepreneurs first appeared on IPA Newspack.

By Arun Kumar Shrivastav International Monetary Fund (IMF) on Tuesday asked Sri Lanka to tighten its monetary policy, increase taxes, and adopt flexible exchange rates. “The requirement for fund lending will be progress toward debt sustainability,” said Anne-Marie Gulde-Wolf, acting director of the IMF’s Asia and Pacific Department. “Monetary policy has to be tightened to […]

The post Sri Lanka and Pakistan Pin Their Hopes On IMF Bailout Package first appeared on IPA Newspack.

By Arun Kumar Shrivastav Tesla  owner and currently world’s richest man, Elon Musk has finally had his way with the Twitter board and bought the publicly-listed company in one of the most expensive buy-outs in recent years. He is reportedly paying a staggering $44 billion in cash to make the “town square” of the world […]

The post Welcome To A Brave New World Of Twitter 2.0 Led By Elon Mask first appeared on IPA Newspack.

By Arun Kumar Shrivastav On Tuesday, Governor of the Central Bank of Sri Lanka Ajith Nivard Cabraal announced that the country would default on international debt payments until it receives a $3 billion bailout package it has asked for from the IMF. Sri Lanka’s external borrowings amount to $51 billion and roughly half of them […]

The post There Are Many Lessons To Learn From Sri Lanka’s Economic Collapse first appeared on IPA Newspack.

By Arun Kumar Shrivastav On April 6, The American Bazaar published an article that goes by the headline: Alphonsos arrive in America as USDA okays Indian mango Import. The news story talks about the excitement among the Asian communities in the US on the arrival of famous Indian mango varieties — Chausa, Dussheri, Langara, and […]

The post Politics Over Mangoes And Loudspeakers Doesn’t Make India Great Again first appeared on IPA Newspack.

By Arun Kumar Shrivastav After an economic crisis, Sri Lanka has plunged into a political crisis now. On Monday morning, news reports said that the entire Sri Lankan Cabinet has resigned. There were also rumors that Prime Minister Mahinda Rajapaksa had resigned or would resign soon but his office denied the rumours. Another rumor that […]

The post Economic Crisis In Sri Lanka Turns Into A Major Political Imbroglio first appeared on IPA Newspack.

By Arun Kumar Shrivastav Earlier this month, China announced a 7.1% increase in its defence budget to about $230 billion. The news generated concerns in relevant quarters in India. China maintains the highest number of active military personnel in the world and its defence budget is the 2nd largest in the world for many years […]

The post Rising Defence Budget Is Making The World A More Dangerous Place first appeared on IPA Newspack.

By Arun Kumar Shrivastav Almost 3 weeks into the war, the Russian invasion of Ukraine has numbed all of us. The recurring images of lofty neighbourhoods bustling with life and laughter turning into lifeless concrete with no signs of humans have left most of us unsettled. The idea of protection of the Russian people and […]

The post Bitcoin Is The Only Winner In The Foolhardy Russia-Ukraine War first appeared on IPA Newspack.

By Arun Kumar Shrivastav As the Russian invasion of Ukraine rages on and a catastrophe looks near than ever, Twitter is where the latest news, analysis, and perspectives can be found. These are coming from the powerful and the most cerebral people of our time. It’s fascinating and engrossing to read the tweets, for example, […]

The post Financial Sanctions: Bitcoin Is A Big Gainer In The Russia-Ukraine War first appeared on IPA Newspack.