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Anjan Roy

By Anjan Roy The latest set of figures on the fortunes of the  India’s  aggregate income, the  gross  domestic product or better known GDP, shows the Indian economy resilient and on course, despite some weaknesses. The latest GDP figures demonstrate the continuing successes, as well as failures of the Indian economy, its rigidities and flexibilities, […]

The post Indian Economy Has Resilience Despite Global Recessionary Trends first appeared on IPA Newspack.

By Anjan Roy A Christmas celebration has started at least on the global stock markets. The financial markets are showing a surprising buoyancy and climbing new heights. Indian stock markets jumped up. The representative BSE index rose by close to 1000 points and touched its historic record high of 62,412. The NSE index is also […]

The post Sign Of Easing Of Global Recessionary Trend Is Good For India first appeared on IPA Newspack.

By Anjan Roy Economists have ennobled their discipline by turning some basic common sense into highly esoteric and exotic body of intellectual exercise. Common housewife is the best economist for Aristotle. Economics for the Greeks was the knowledge of running a household’s balances. The economics Nobel prize this year effectively recognises works of three high […]

The post Economics Nobel This Year Celebrates Old Wines In New Bottles first appeared on IPA Newspack.

By Anjan Roy The Ukraine war is taking a turn after seven and a half months which is worrying strategic experts and militaries in Europe in new ways. If initially the worry was about an outright defeat of Ukraine and presence of Russia in eastern parts in a more aggressive posture, the prospect of an […]

The post President Putin Is Losing His Options In Ukraine After Latest Reverses first appeared on IPA Newspack.

By Anjan Roy Svante Paabo the Swedish Nobel Prize winner in Medicine in2022 had proved through hiswork that modern humans shared some of their genes with the ancient and now extinct Neanderthals. This meant early humans had come into contact with these human-like species, the Neanderthals, and they interbred. These children of Homo sapiens —that […]

The post Nobel Prize Winner Svante Paabo Has Revolutionised The Study Of Genomes first appeared on IPA Newspack.

By Anjan Roy Nearly seven-month old Ukraine war by Russia, could possibly now become a severe test for the warring countries as well as the world. as Ukraine has now taken upper hand in its fierce battle  with  its powerful invader. Ukraine has retaken 3000 square kilometres of land from the Russians and almost 10,000 […]

The post Russian Military Reverses In Ukraine War May Force Putin To Opt For Harder Option first appeared on IPA Newspack.

By Anjan Roy It is hard to think now of England without Queen Elizabeth II. She had been there for as long as anyone could remember. A reign of seventy years. This moment would have been somewhat similar to when Queen Empress Victoria had died in 1901. She had begun when England was still an […]

The post Queen Elizabeth Was A Witness To The Decline Of Britain’s Power In Global Arena first appeared on IPA Newspack.

By Anjan Roy Britain gets a new prime minister alright, but that also means the country shows its true colour — a total right wing swing. The new prime minister has won by support of less than 1% of British voters, just by some 20,000 more supporters among the Conservative party members. Liz Truss had […]

The post New British Prime Minister Liz Truss Is A Party Hopper With Limited Vision first appeared on IPA Newspack.

By Anjan Roy In the face of persistent inflationary pressures and tie in prices, the Reserve Bank of India has jacked up on Friday its basic policy rate —the repo rate— by 40 basis points to 5.4%. With this hike, the RBI policy rate now reaches what it was before the pandemic started. This is […]

The post RBI Should Insulate India From Global Fluctuations As It Did In 2008 first appeared on IPA Newspack.

By Anjan Roy The killing of Ayman al-Zawahiri by the US intelligence network is more about the lethal capacities that the US has developed than the elimination of one person. al-Zawahiri was singled out and killed so precisely that not another person in his extended household in a Kabul safe-house had died. Ayman al-Zawahiri was […]

The post The Killing Of Zawahiri Is A Marvel Of U.S. Intelligence Gathering And Planning first appeared on IPA Newspack.

By Anjan Roy For people life begins at forty. For the Indian rupee, life is beginning to be exciting at 80. The Indian rupee crossed the psychological barrier of 80 to a US dollar on Tuesday in trading on foreign exchange markets. On Wednesday, it recovered a wee bit. Now, it is becoming exciting to […]

The post Rupee Touching Rs. 80 Per US$ Is On Line With Global Developments first appeared on IPA Newspack.

By Anjan Roy The battlegrounds in eastern Ukraine are proving to be prey wars between two weapons systems — old Soviet type weapons and those advanced latest weapons developed in the west. The battle worthiness and the effective of the competing firepower would indicate a lot for the future of conventional warfare. These lessons from […]

The post Ukraine War Has Transitioned From Conventional To High Tech Targetted War first appeared on IPA Newspack.

By Anjan Roy It is symptomatic of the ultra-nationalistic indoctrination of China under Xi that news of the attack on former Japanese prime minister, Shinzo Abe, was greeted with celebrations on their internet social media. Shinzo Abe had reversed two of Japan’s self-inflicted restraints or flagellation. Shinzo Abe had visited the Yakusuni Temple and he […]

The post Shinzo Abe Played A Leading Role In Adapting Japan To Needs Of New Century first appeared on IPA Newspack.

By Anjan Roy Renowned US based bank, J.P. Morgan, has observed that oil prices could top $380 per barrel in a short time. The bank made its prediction on the basis of trends in the oil markets and supplies from major producers. The current geo-politics, in which Russia faces extensive sanctions from America and its […]

The post Further Steep Rise In Energy Prices Looms Large As Ukraine War Continues first appeared on IPA Newspack.

By Anjan Roy About a week back, Pakistan’s Finance minister was urging its citizens to consume less tea as the country was scraping the bottom of the barrel to organise even essential imports. Foreign exchange reserves had sunk to cover just a few days imports. Every leaf of tea consumed in the country has to […]

The post Pakistan Struggling Hard To Secure Emergency Financial Aid From IMF first appeared on IPA Newspack.

By Anjan Roy Is the world is staring at a recession? The question is coming up fast as there is serious concern that is going around. The global central banks’ policy moves to tame inflation could initiate a recession and larger unemployment. We have so far known of the Russian revolution of 1917 as “The […]

The post Brace For Global Recession? Close To It, But Not Just Yet first appeared on IPA Newspack.

By Anjan Roy The ruling NDA’s choice of the candidate for the presidential election must be conceded to be a political masterstroke. They have picked up an adivasi candidate now after choosing a scheduled caste candidate earlier. They have thus strayed away from the so-called upper caste elites and espoused the cause of the downtrodden. […]

The post Droupadi Murmu Enters The Presidential Campaign With Many Positives first appeared on IPA Newspack.

By Anjan Roy As the three big names of Europe rolled into Kyiv by train on June 16 of for a pow-wow with the Ukrainian president, Volodymir Zelensky, Russia had warned France, Germany and Italy of consequences. President Emmanuel Macron of France, Chancellor Olaf Scholz of Germany and Prime Minister Mario Draghi Italy had thought […]

The post Oil Diplomacy Has Assumed Critical Importance For Survival Of Economy first appeared on IPA Newspack.

By Anjan Roy Unabated rises in food and fuel prices have kept India’s retail inflation at elevated levels. Even without getting into the nitty-gritty of detailed figures, the price trend are hurting and needs to be tamed if only for maintaining overall stability. Several questions are now cropping up: first of all, how defiant are […]

The post Food Prices Have Gone Up To Unbearable Levels For Common People first appeared on IPA Newspack.

By Anjan Roy Reserve Bank of India has done a delicate pirouette in formulating its monetary policy in the context of extreme volatility and uncertain turn of events. All that RBI has done on Wednesday is to raise the policy interest rate —called the repo rate— by half a percentage point.  This rate hike comes […]

The post Rise In Interest Rate By RBI Again Is A Part Of Its Plan To Deal With Global Headwinds first appeared on IPA Newspack.

By Anjan Roy To talk of coincidence, ‘Geetanjali’ has got lucky for a second time in a hundred and ten years. In the first time, Rabindranath Tagore’s book of poetry, Geetanjali, won him a Nobel Prize in literature. Now, a century and more later, another Geetanjali, the Hindi writer of stories, is awarded the hugely […]

The post Geetanjali Shree’s ‘Tomb Of Sand’ Wins International Booker Prize first appeared on IPA Newspack.

By Anjan Roy The Economist newspaper of London, highly respected worldwide for its expertise and views on the global economy and issues, has predicted India to lead the economic recovery process as the fastest growing major economy. The paper refers to the India growth story in comparable terms to the remarkable rise of American economy […]

The post The Economist Of London Goes Gaga With Indian Growth Story first appeared on IPA Newspack.

By Anjan Roy Two days ago Russian President, Vladimir Putin, had warned the west of “unpredictable consequences” in case of continuing weapons supplies to Ukraine. What appears to be more and more unpredictable is the course of the war and its consequences. Russians are perhaps becoming impatient with Putin’s Ukraine war and voices are speaking […]

The post Russia’s Ukraine War Now Set To Be On A Long Term Course With High Tech Weapons first appeared on IPA Newspack.

By Anjan Roy The spring meeting of the World Bank and the International Monetary Fund in Washington has always remained a high point for those involved in the management of financial sector and public finance. For countries in a tight corner, the meeting is a lifeline.   This year’s Fund-Bank meet, just about started this […]

The post Fund-Bank Meet Crucial To Tackle Evolving Global Financial Risk first appeared on IPA Newspack.

By Anjan Roy The sinking of the flagship of Russia’s Black Sea flotilla MOSKVA is a significant turning point in the Ukraine war and also a lesson for military planners across the world. Russia does not yield the point that Ukrainian missiles would have downed the ship and maintains that an accidental fire on board […]

The post Sinking Of Russian Ship Moskva Is A Dangerous Turning Point In Ukraine War first appeared on IPA Newspack.

By Anjan Roy While a new prime minister has been elected by a rainbow coalition of opposition parties in Pakistan, it does not bode well for political stability in the country. Shehbaz Sharif, younger brother of former Pakistan prime minister, Nawaz Sharief, is an experienced political hand. But he would be hobbled by the same […]

The post Dealing With Debt Crisis Is The Foremost Task Of New Pakistan Government first appeared on IPA Newspack.

By Anjan Roy The Reserve Bank of India sees the prospects of higher inflation in the current year against the background of a volatile global economic situation. The RBI believes India will experience an inflation rate of close to 6% against 4.5% during the current fiscal year. RBI governor, Shakikanta Das, gave an assessment of […]

The post RBI Is Taking Higher Inflationary Pressures On Indian Economy Seriously first appeared on IPA Newspack.

By Anjan Roy The clawing back to the exchange rate of the Russian rouble to the US dollar in the recent  days is not too much of a mystery. It is simply because there is no demand for the US green back from the holders of the Russian rouble. Simply speaking, the Russians are not […]

The post The Mystery Behind Russian Rouble Reverting Back To Pre-Ukraine War Level first appeared on IPA Newspack.

By Anjan Roy The Reserve Bank governor, Shaktikanta Das, has reiterated that the primary objective of the monetary would continue to be price stability. In an environment of unprecedented uncertainty and flux, maintaining stable price line could be a daunting task. All principal variables which would critically determine the curse of prices in the economy […]

The post Ensuring Price Stability In Economy Must Be RBI’s Prime Focus first appeared on IPA Newspack.

By Anjan Roy Years from now, when the present will become history, generations will wonder how the world could have survived, if so lucky, with such hyper nationalists like Putin  in power. Russia’s Ukraine war is no longer a limited affair now. The distant thunder from the fringes of Eastern Europe is reverberating across the […]

The post Double Debacle Could Undo All Rational Calculations Made Before first appeared on IPA Newspack.