By Nantoo Banerjee With geopolitical tensions rising in Europe and Asia and central banks across the world buying gold like never before are mainly behind the near continuous rise in gold prices since last year. The surging gold price trend may continue through the coming months unless peace and economic stability soon return to the […]
By Nantoo Banerjee Domestic issues often override international commitments in diplomacy. China’s preference of Kamala Harris to Donald Trump as the next US president may look unusual but not entirely illogical from the world’s second largest economy’s business point of view. China may not mind if such a possibility could enhance diplomatic discomfort to its […]
By Nantoo Banerjee It is good to note that the proposed India-UAE food corridor has already roped in a third partner, Israel. The project is expected to eventually involve the United States as well. The US was a key initiator of the historic four-nation I2U2 virtual summit in July 2022 bringing together leaders of India, […]
By Nantoo Banerjee It is heartening to note that global lenders are increasingly coming forward to strongly support India’s ongoing clean and green energy expansion programmes. India, the world’s third largest energy consumer after China and the United States, has set a target to reduce the carbon intensity of the nation’s economy by less than […]
By Nantoo Banerjee Union Road Transport & Highways Minister Nitin Jairam Gadkari may be right to say that electric vehicles manufacturers do not need any more government subsidies, as consumers are now opting for EVs and CNG vehicles independently. The minister reasoned that the drop in production costs and the lower GST on EVs make […]
By Nantoo Banerjee The oil price decontrol — at first, the retail prices of petrol by the Manmohan Singh-led government in 2010 and, thereafter, diesel prices by the Narendra Modi-led government in 2015 – to link the local retail market prices with global price trends seems to be meant more to mislead the general public […]
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 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.
