By Nantoo Banerjee Democratically elected governments often think their electors are idiots. They may have good reasons to build such a notion as a good number of them don’t deserve to be there in terms of their personal background and characteristic traits. Many of them are booked for even criminal offences. Voters have little choice […]
By Nantoo Banerjee Union Finance Minister Nirmala Sitharaman’s advice to government-controlled banks to launch special drives to step up deposit mobilization to catch up with the demand for loans may give a wrong impression that the public sector bank (PSB) management does not know the basic principles of banking. How can a PSB mobilise enough […]
By Nantoo Banerjee The United States of America or the People’s Republic of China may have nothing much to do with the massive public demonstrations in Bangladesh that began last month over governmental job quotas forcing the fall of Sheikh Hasina as the country’s longest serving prime minister and her government. Sheikh Hasina had […]
By Nantoo Banerjee The sudden and sharpest cut in the import duty on gold and gold doré seems to be quite confusing since even at a 15 percent import duty on gold India’s import of the yellow metal surged nearly 30 percent amounting US$45.54 billion in the last financial year. The gold import in the […]
By Nantoo Banerjee At a time when one after another foreign firms are abandoning China in protest of repression, the Indian government is, instead of inviting these global firms to start operations in the country, freshly looking at foreign direct investments (FDIs) from China. India is believed to have decided to relax visa restrictions on […]By Nantoo Banerjee At a time when one after another foreign firms are abandoning China in protest of repression, the Indian government is, instead of inviting these global firms to start operations in the country, freshly looking at foreign direct investments (FDIs) from China. India is believed to have decided to relax visa restrictions on […]
By Nantoo Banerjee The annual government budget is all about the expenditure and its direction. Income is generated generally through tax and non-tax revenues and borrowing to take care of the expenditure. Normally, the expenditure part comprises seven main aspects – the government’s own maintenance cost, defence, healthcare, social security, education, elderly care, and debt […]
By Nantoo Banerjee The US Ambassador to India, Eric Garcetti, may have exceeded his brief by issuing a warning to India that the country can’t take its improved relationship with the United States for granted in the context of Prime Minister Narendra Modi’s talks with Russian President Vladimir Putin in Moscow, last week. The ambassador, […]By Nantoo Banerjee The country’s industrial outlook for the current year as well as the next few years will depend on the stability of the new government and how the Bharatiya Janata Party deals with its alliance partners and the opposition, which will have a formidable presence in the newly-elected Parliament. At stake are several […]
The post India’s Industrial Progress Will Depend On Government Stability first appeared on Latest India news, analysis and reports on IPA Newspack.
By Nantoo Banerjee Contrary to the wide publicity that the latest X-Putin agreement will push for “a comprehensive, sustainable and just settlement” of the Ukraine-Russia conflict through peaceful means, the document throws little light on how to solve the situation within a possible timeframe. China merely talks about a dialogue on a peaceful Ukraine war […]
The post Xi-Putin Pact Aims To Control The US Hegemony More Than Ukraine Conflict first appeared on Latest India news, analysis and reports on IPA Newspack.
By Nantoo Banerjee Any prediction of the possible outcome of the ongoing Parliamentary election is becoming increasingly tough in the absence of a visible wave in favour of either the rightist Bharatiya Janata Party-led National Democratic Alliance (NDA) or its principal opposition, a 26-party political combine, Indian National Development Inclusive Alliance (INDIA). The latter is […]
The post Large FPI Pullout, Gold Import Surge Portend Political Power Change At The Centre first appeared on Latest India news, analysis and reports on IPA Newspack.
By Nantoo Banerjee It is good to note that India’s defence manufacturing industry is fast emerging as a major contributor to the country’s economy and quietly supporting the latest stock market surge. Defence manufacturers have never had it so good. The private sector defence manufacturing enterprises are doing extremely well alongside the traditional government-run publicly […]
The post India’s Arms Industry Is Witnessing A Big Market Boom first appeared on Latest India news, analysis and reports on IPA Newspack.
By Nantoo Banerjee Who is afraid of corruption? Certainly not India’s political parties battling against each other in the current Lok Sabha election campaign. Nor are the general public, who have been, more nilly than willy, part of the country’s vicious system of corruption for years. Raids at premises and arrests of select opposition state […]
The post Corruption Seems To Be A Non-Issue Before The Public In Coming Lok Sabha Polls first appeared on Latest India news, analysis and reports on IPA Newspack.
By Nantoo Banerjee President Vladimir Putin’s record fifth term in office is good news for both Russia and India although there was absolutely no doubt about Putin’s registering thumping victory in the election, last month. Diplomatically, India has always maintained a pro-Russia stance in international forums despite its growing coziness with the United States in […]
The post Mutual Respect For Each Other Is Key To India-Russia Relations first appeared on Latest India news, analysis and reports on IPA Newspack.
By Nantoo Banerjee At a time when India is baffled by China’s preposterous and farcical claims over the state of Arunachal Pradesh, its government-owned Sanghai Automobile Industry Corporation, commonly known as SAIC Motor, has joined hands with billionaire Sajjan Jindal-led JSW Group to manufacture passenger cars and commercial vehicles in India. China is aspiring to […]
The post Border And Business Expansion: China’s Twin Pressure On India first appeared on Latest India news, analysis and reports on IPA Newspack.
By Nantoo Banerjee On the face of it the controversial citizenship amendment act of 2019 may appear to be purely humanitarian. It provides the government with a special provision to expedite the citizenship process for non-Muslim migrants – including Hindus, Sikhs, Jains, Buddhists, Christians, and Parsis — to India from the neighbouring Muslim countries such […]
The post CAA’s Implementation Just Before National Election Looks Purely Political first appeared on Latest India news, analysis and reports on IPA Newspack.
By Nantoo Banerjee The Election Commission of India (ECI) may be trying hard to control questionable electioneering practices which have been increasingly corrupting the process of free and fair election over the years, but it is unlikely to find it easy to influence or direct the behaviour of ruling political parties and their candidates. The […]
The post The 18th Lok Sabha Election May Witness Record Cash Spending By Candidates, Political Parties first appeared on Latest India news, analysis and reports on IPA Newspack.
By Nantoo Banerjee Two ongoing devastating wars – one in Ukraine and the other in the Gaza strip – have so far killed and injured tens of thousands of civilians since last year. The Ukraine-Russia war started in February 2022. As of February 15, this year, the Office of the United Nations High Commissioner for […]
The post The United Nations Has Failed To Keep Peace And Security In The World first appeared on Latest India news, analysis and reports on IPA Newspack.
By Nantoo Banerjee India’s defence secretary Giridhar Armane’s outburst at the INDUS-X defence summit against China, last week, on the continuing troop face-offs in the Ladakh region exposed, if anything, the ministry’s frustration in dealing with the People’s Liberation Army (PLA) along the Line of Actual Control (LAC). The defence secretary described Beijing as a […]
The post Non-Tariff Import Barriers May Be Used As A Weapon To Protect National Security first appeared on Latest India news, analysis and reports on IPA Newspack.
By Nantoo Banerjee It is difficult to understand why the government is silent on job creation while it has been continuously bragging on record infrastructure spending year after year. For fresh job seekers, opportunities are shrinking regularly. The constant growth of unemployment for both men and women is becoming a cause of worry. Currently, the […]
The post Modi Government’s Silence On Job Creation Is Raising Questions first appeared on Latest India news, analysis and reports on IPA Newspack.
