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By Nantoo Banerjee

By Nantoo Banerjee US President Donald Trump may have problems with Russia, Venezuela and a host of other states and has every right to decide on the US trade and diplomatic policies to deal with those countries. But he has no right to thrust upon other free nations his likes, dislikes and prejudices. Unfortunately, he […]

The article Trump Has Become A Threat To Free Trade appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).

By Nantoo Banerjee It is difficult to explain why the government took nearly 17 years to decide on launching a bill in Parliament to allow private participation in India’s nuclear power generation programme. The proposed Sustainable Harnessing and Advancement of Nuclear Energy for Transforming India (SHANTI) Bill to amend the civil liability law to shield […]

The article ‘SHANTI’ Act Alone May Not Fully Protect Nuclear Plants Against Liabilities appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).

By Nantoo Banerjee India’s domestic civil aviation market, the world’s third largest after the United States and China, nearly collapsed last week as its major private airline, IndiGo, boasting nearly 70 percent of traffic share, suddenly cancelled hundreds of flights on the ground of pilot shortages after it failed to adapt to new flight crew […]

The article India Must Clip IndiGo’s Wings To Protect Fast-Growing Domestic Aviation Market appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).

By Nantoo Banerjee It is encouraging to note that the government has decided to invest large sums of money in support of rare earth magnet manufacturing and substantially improve the country’s rare earth-based metals production to escape China’s global chokehold in this strategic sector. Presently, there are a few small Indian companies engaged in manufacturing […]

The article India’s Push For Self-Reliance In Rare Earth Magnet Making Is Laudable appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).

By Nantoo Banerjee The government may disagree but India’s persistent trade deficit is ruining the country’s economy despite its impressive growth. Last month, import-happy India’s trade deficit reached a record high level of US$41 billion as exports witnessed the sharpest monthly decline over a year. Unfortunately, a big surge in gold imports during October by […]

The article Behind India’s Rising Foreign Debt Is Growing Trade Deficit appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).

By Nantoo Banerjee It is difficult to grasp the fact that even 78 years after its independence, India, the world’s most populous country, continues to be heavily dependent on imported fertilizer to produce crops to feed its 1.46 billion-plus population. The prospect of a sudden fertiliser price surge ahead of its most important Rabi (winter) […]

The article Fertiliser Import Price Surge May Hit India’s Rabi Crop Output appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).

By Nantoo Banerjee   The majority government-owned Life Insurance Corporation of India’s detailed rebuttal to The Washington Post report claiming that the government directed LIC to invest $3.9 billion in the Adani group seems to lack the punch. A comparison of the lately sprouted Adani Group with some of India’s age-old business conglomerates such as […]

The article Adani Group’s Striking Rise Since 2014 Sparks Global Speculation appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).

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By Nantoo Banerjee If global oil giant BP plc’s ‘Energy Outlook 2025’ proves to be true, India will be a global leader in energy consumption, outpacing all other countries by 2050. The country will account for 12 percent of the global demand, up from seven percent from 2023, according to BP’s chief economist Spencer Dale. […]

The article India Is At The Heart Of Driving The Global Energy Process appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).

By Nantoo Banerjee     There is nothing to be particularly shocked about Tata Capital stocks declining 2.4 percent below the company’s IPO issue price of Rs. 326 per share a day after its debut in intraday trade on the Bombay Stock Exchange. Tata Capital, a Tata Sons subsidiary, made a flat debut on Dalal Street on […]

The article SEBI Fails To Prevent Aggressive IPO Pricing To Protect Investors appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).

By Nantoo Banerjee There is little to be excited about the recent inauguration of predominantly mountainous Arunachal Pradesh’s first commercial coal mine at Namchik-Namphuk in the Changlang district jointly by Union Coal & Mines Minister G Kishan Reddy and Arunachal Chief Minister Pema Khandu, marking the state’s first coal mine project. With an officially estimated […]

The article India Must Cut Down Coal Consumption appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).

By Nantoo Banerjee Few will disagree that India should keep investing substantially in both onshore and offshore oil search as the country is becoming increasingly dependent on the import of petroleum crude to meet its energy needs. Currently, almost 86 percent of India’s annual crude petroleum needs are being met through imports. During his recent […]

The article Higher GST Will Hurt Oil-Starved India’s Exploration Drills appeared first on Latest India news, analysis and reports on IPA Newspack.

By Nantoo Banerjee Union Labour and Employment Minister Mansukh Mandaviya’s recent claim of the country’s unemployment rate being the lowest among the G20 nations at two percent seems to lack credibility as per the records available with various government and non-government agencies connected with the matter. Mandaviya’s reference to India’s low unemployment rate came during […]
By Nantoo Banerjee One’s pain could be another’s gain. The phrase aptly describes those big business gainers across the world out of the three-and-a-half-year-old Russia-Ukraine war, killing thousands of soldiers and civilians on both sides. The list of such gainers may be short but very impressive. They include some of the giant US defence manufacturers […]
By Nantoo Banerjee Notwithstanding India’s current trade tariff spat with the United States, India should apply caution to further open up imports from China with which it already suffers from massive trade deficits – nearly $100 billion last year when China had severely cut down imports from India. The latter should also avoid the Chinese […]
By Nantoo Banerjee Come August 27, the picture of the Indo-US trade may show a considerable change. India’s merchandise exports to the US will be generally subjected to a 50 percent import tax from that date. A few categories, including drugs and pharmaceuticals, have been exempted. The reason advanced by US President Donald Trump for […]
By Nantoo Banerjee The regular news feed by India’s Enforcement Directorate on alleged massive money laundering by the Reliance Anil Ambani Group (RAAG), which is also known as the Anil Dhirubhai Ambani Group (ADAG), seems to have been designed more to create an abominable sensation around the flamboyant entrepreneur than any other serious purpose. The […]
By Nantoo Banerjee US President Donald Trump is becoming increasingly unpredictable, if not crazy, with his freakish combination of styles to deal with countries and issues – from trade to diplomacy. The 25 percent import tariff on India since last Friday may not considerably hurt India’s export trade with the US, but it threatens to […]
By Nantoo Banerjee The European Union seems to have arrogated itself with extrajudicial power to prevent outside nations from purchasing Russian oil. It has no locus standi to impose its will on countries which are not members of EU. Thus, the latest expansion of the EU sanctions targeting Russian energy exports can legally cover only […]
By Nantoo Banerjee Trade unionism seems to have lost focus in India. It has failed to reform itself to keep pace with economic reforms and globalisation, and changing job scenarios. It is also facing the biggest leadership crisis. The poor public and industry response to the nationwide strike call by 10 central trade unions on […]
By Nantoo Banerjee It is difficult to believe that India, the world’s fourth largest economy by gross domestic product (GDP) and a major military power, ranks below even the tiny states of Kuwait and Greece when it comes to defence spending as a percentage of GDP. Considering the tricky geo-political situation in the south Asian […]
By Nantoo Banerjee The techniques of traditional warfare seem to be fast changing. Attack drones are increasingly playing a significant role in military aggression alongside missiles. The 12-day Israel-Iran war and the ongoing Russia-Ukraine battle showed how devastating the role of drones in modern wars is. In one of the most daring attacks, Ukraine said […]
By Nantoo Banerjee It may be wrong to believe that Israel and the United States of America are the only two countries strongly against Iran’s bid to become a nuclear-armed country. The entire world is concerned about nuclear proliferation and nuclear smuggling and its falling into the wrong hands. The nature of the Iranian regime […]
By Nantoo Banerjee With the country’s consumer price inflation rate hovering around 3.20 percent in the last two years, the Reserve Bank of India’s latest decision to cut the bank rate by 50 basis points, the third consecutive reduction since February this year, may be understandable. However, it seems to have come at the wrong […]
By Nantoo Banerjee India’s economic growth figures seem to be getting increasingly delinked with domestic manufacturing, industrial output, and job generation. The manufacturing sector had a very little contribution to the country’s 6.5 percent GDP growth during the last financial year, the slowest in four years. Despite a good monsoon last year, the country’s agriculture […]
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