Articles written by
K Raveendran

By K Raveendran The decision by OPEC+ to enforce no official cuts, and yet a voluntary cut by swing producer Saudi Arabia, has had only limited upside price pressure, but the long-term price development will hinge on macroeconomic sentiment and the possible extension of the voluntary Saudi Arabian production cut beyond July. After more than […]

The post Oil Market Hinges On Possibility Of Saudi Production Cut Extension Beyond July first appeared on IPA Newspack.

By K Raveendran The Law Commission has taken a political stand in its report about sedition rather than a policy stand, which a body of its very nature was expected to do. The commission’s non-statutory status does not preclude it from having an independent mind, which the present panel under the chairmanship of retired high […]

The post Law Commission Parrots Views Of BJP, RSS Rather Than An Expert View first appeared on IPA Newspack.

By K Raveendran There is a marked slowdown in the containerized exports from India, attributed mainly to a decline in consumer demand for Indian goods in the US, EU and the UK markets, according to data from Container xChange, a leading online platform for container logistics. This trend has impacted the volume of orders received […]

The post Slowdown In Containerized Exports Poses Setback To Pro-Export Agenda first appeared on IPA Newspack.

By K Raveendran After establishing complete dominance in global solar supply chain, China is all set to maintain a firm grip of the global wind manufacturing market share. The new opportunity has been presented to Beijing on a platter, thanks to certain developments in the wake of a new law issued by the United States […]

The post China All Set To Extend Its Solar Dominance To Global Wind Energy Sector first appeared on IPA Newspack.

By K Raveendran The abrupt announcement by RBI, withdrawing all Rs 2,000 notes from circulation, seems to have much more than what meets the eye. Going by the explanations provided so far, it is increasingly clear that there is plenty of room for the regulator to be more forthcoming on the decision. The RBI is […]

The post RBI Needs To Be More Forthcoming On Withdrawal Of Rs 2000 Notes first appeared on IPA Newspack.

By K Raveendran The withdrawal of Rs 2,000 notes by the Reserve Bank of India and the brief window allowed to exchange the notes until September 30 will provide another opportunity for black money holders to launder their ill-gotten wealth just like its infamous precedent seven years ago did. In fact, the surprise RBI move […]

The post Another Great Opportunity For Black Money Holders For Laundering first appeared on IPA Newspack.

By K Raveendran The call by ChatGPT founder Sam Altman a US Senate committee meeting for heavy regulation of the use of artificial intelligence by governments across the world to mitigate the risks from the new technology takes the current debate about generative AI to a new dimension. While the potential of the new technology […]

The post Job-Taking Is Only A Small Part Of Threat Posed By Generative Artificial Intelligence first appeared on IPA Newspack.

By K Raveendran Contrary to what is considered to be the general perception, post-millennial Gen Z-ers, meaning those who are aged between eight and 23 years, are more likely than other generations to cite negative feelings about social media. They are also more likely to report having poor mental health. These are among the findings […]

The post Gen-Z More Aware Of Negative Aspects Of Social Media Platforms Than Other Generations first appeared on IPA Newspack.

By K Raveendran The Supreme Court has thwarted a move by market regulator SEBI to delay its investigation into the alleged manipulation of shares by the Adani group and issues that have been raised against the group in the wake of the Hindenburg report, which saw the share price of Adani companies nosedive. In March, […]

The post Supreme Court Sees Through SEBI’s Delaying Tactics In Probe Against Adani first appeared on IPA Newspack.

By K Raveendran The decision by the Union government to tie local gas prices to international prices comes at a time when global prices are on a downward trend and this is great news for consumers who have hitherto been at the receiving end of higher prices as well as their administration. Under the new […]

The post New Pricing Mechanism, Market Downtrend Bring Big Relief To Gas Consumers first appeared on IPA Newspack.

By K Raveendran A reported impasse in the use of rupee for trade between India and Russia is seen more as posturing rather than a failure of the arrangement as both sides cannot manage without each other in the context of the prevailing global political situation. There have been reports that India and Russia have […]

The post Trouble In India, Russia Talks On Rupee Trade Mostly The Result Of Posturing first appeared on IPA Newspack.

By K Raveendran Even five years after the historical ‘national duty’ press conference by four judges alleging undesirable practices including ‘bench hunting’, the problem continues to be the bane of Indian judiciary. All the four judges have retired for long, but many of the problems they raised persist, undermining people’s faith in the system. Bench […]

The post Bench ‘Hunting’ Continues To Hound Delivery Of Justice And Fairness first appeared on IPA Newspack.

By K Raveendran India’s integration into the global value chains and favourable container pricing trends are making the country an ideal choice as an attractive ‘China plus one’ alternative. The improvement in container availability, coupled with falling rates, is offering a great opportunity for container trading and leasing in the Indian sub-continent as the world […]

The post India Emerges As Key Player In ‘China Plus One’ Strategy Of Global Container Trade first appeared on IPA Newspack.

By K Raveendran The Narendra Modi government, facing persistent criticism that the poor has become poorer and rich richer under its policies, couldn’t have asked for anything better. The IMF has literally ‘come to the aid of the party’ asserting that India’s achievement in financial inclusion is truly remarkable. The certificate will be of great […]

The post IMF Provides A Shot In The Arm For Modi’s Campaign For 2024 Polls first appeared on IPA Newspack.

By K Raveendran A graph tweeted by Rahul Gandhi, sourced to ‘India’s Consumer Economy 360 Survey’, and showing that between 2016 and 2021 income of the poor class decreased by about 50 per cent has put the focus on the think-tank that produced the survey report.  Rahul cited the graph to back his claim that […]

The post Minefield Of Labour Statistics: Confusing Signals And Conflicting Claims first appeared on IPA Newspack.

By K Raveendran An IMF working paper has commended India’s digital public infrastructure (DPI), which is known by the term India Stack, as a great success and recommended it for other countries, but with a rider that these countries may not have India’s enabling factors such as a vibrant ecosystem that includes a huge pool […]

The post IMF Paper Recommends India’s Digital Infrastructure For Adoption By Other Countries first appeared on IPA Newspack.

By K Raveendran With the US Federal Reserve set to continue raising interest rates to combat record inflation rates, the highest in 40 years, there are calls that the Reserve Bank of India deviate from its traditional policy of mirroring the US interest rate hikes. The RBI has effected six consecutive rate hikes despite an […]

The post It May Be Time For RBI To Decouple From Policies Set By U.S. Federal Reserve first appeared on IPA Newspack.

By K Raveendran It is increasingly becoming clear that the crisis in global banking has not played out even a small part. While the immediate fallouts leading to bankruptcies and similar consequences appear to have been contained somewhat, fears are lingering. The prospects of a recession in the global economy stand more pronounced than before. […]

The post Global Banking Crisis To Further Hit India’s Problematic Tech Job Situation first appeared on IPA Newspack.

By K Raveendran Incumbent ruling dispensations disfranchising former rulers and banning them for life from contesting elections is something that one often associates with countries with fragile democracies. Indians are used to news about politicians losing their seats in parliament and being debarred from contesting elections on account of corruption and other offences from across […]

The post Rahul Disqualification Puts India In Unenviable League Of Nations first appeared on IPA Newspack.

By K Raveendran Post-1947, life in jail during independence struggle was considered a decoration for any politician or even common citizen. After Indira Gandhi’s Emergency, it was a jail term during the dark days that recognized one’s political mettle. During Modi’s era, the attribute of a good opposition politician is a raid by Enforcement Directorate […]

The post Choksi Challenges The Might Of Indian Nation To Get Himself Struck Off Red List first appeared on IPA Newspack.

By K Raveendran Gold is within striking distance of $2,000 per ounce in the international market and seems set to revisit its historical high, which was $2067 in August 2020.  The latest price is around $1962 and is showing no signs of any immediate correction. In India, the precious metal has already touched a lifetime […]

The post Gold Near $2,000 And Fast Approaching Its Life-Time High Amid US, Swiss Banking Crisis first appeared on IPA Newspack.

By K Raveendran A question to ChatGPT whether a Silicon Valley Bank-type bank failure could happen in India produced a very reassuring answer. While noting that any bank, including SVB type bank, can fail due to various reasons such as mismanagement, fraud, economic turmoil, etc, ChatGPT believes the Reserve Bank of India (RBI) will ensure […]

The post ChatGPT Response To U.S. Bank Failures Discounts Impact On Indian Banks first appeared on IPA Newspack.

By K Raveendran The International Monetary Fund (IMF), which is in principle opposed to all forms of subsidies, has favoured a gradual increase in subsidies by India on the use of renewable energy, while collecting higher taxes on emissions. IMF considers energy subsidies as wasteful expenditure and estimates that as much as 6.5 percent of […]

The post IMF Favours India Increasing Subsidies On Renewable Energy For Net Zero Success first appeared on IPA Newspack.

By Arun Srivastava There is a famous Sanskrit adage, “Ati Barjayet”; meaning excess is forbidden. But looking at the practices and politics of Narendra Modi it could safely be construed, though he claims to follow principles of Sanatan Dharma and Hindutva that it does not apply to him. Else instead of pursuing wisdom of political […]

The post Narendra Modi Govt Is Pursuing Its Opposition Mukt Bharat By Using Central Agencies first appeared on IPA Newspack.

By K Raveendran This week was momentous for democracy, freedom, liberty and corporate governance in the Supreme Court, a week that saw a number of landmark decisions that made democracy more meaningful being squeezed into the relatively short period. The first and foremost was of course the decision to change the procedure for the appointment […]

The post Momentous Week For Indian Democracy As Supreme Court Orders Course Correction first appeared on IPA Newspack.

By K Raveendran Western nations, led by the US, slapped economic sanctions against Russia, targeting its financial system, oil and gas exports, and thousands of oligarchs in the hope that Moscow will be brought down to knees for having invaded Ukraine. In fact, the World Bank, International Monetary Fund, and Organisation for Economic Cooperation and […]

The post Gallup Survey Shows Russian Economic Outlook Better Than Pre-Ukraine Scenario first appeared on IPA Newspack.

By K Raveendran Notwithstanding the symbolism of President Joe Biden’s unannounced visit to Ukraine, the fact remains that America’s claim to be the world policeman has suffered serious drubbing as the world marks the first anniversary of Russia’s Ukraine war this week. Ukraine has put to test the US resolve, raising fundamental questions about its […]

The post Russia Emerges Relatively Unscathed From Embargo As Ukraine War Completes One Year first appeared on IPA Newspack.

By K Raveendran The Supreme Court this week pronounced a few home truths about the state of our nation. The ‘confession’ came by way of oral remarks in a petition seeking to debar persons against whom charges have been framed in serious offences from contesting elections. But the court’s observations, though making distressing reading, cannot […]

The post Supreme Court Laments Loss Of Values, Morals As Major Failing Of Nation first appeared on IPA Newspack.

By K Raveendran The global electric vehicles (EV) industry is facing a slow down after two years of vigorous growth. The trend is also getting reflected in the Indian industry. Globally, this is forcing manufacturers to cut prices and India does not seem to be an exception. According to Rystad Energy EV specialists, from the […]

The post Dip In Demand, Tax Changes Prompt Price Cuts By Global EV Industry first appeared on IPA Newspack.

By K Raveendran Nirmala Sitharaman’s budget has played truant with the gold trade, which is in the throes of a crisis for what the finance minister has not done rather than any act of commission in her last full-fledged budget of her current tenure. The gold trade had been looking for a cut in the […]

The post Budget Shock Tricks Gold Trade, Imports Plunge To 32-Month Low first appeared on IPA Newspack.