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By Nantoo Banerjee The international financial system governed by western powers no longer offers safety to foreign currency deposits in their chests from other parts of the world.  Even foreign private deposits and investments in assets are being frozen. The latest financial sanction imposed on Russia and its oligarchs freezing their accounts may appear to […]

The post Parking Funds In Foreign Banks, Treasuries Now Look Less Safe first appeared on IPA Newspack.

By K Raveendran There is virtually a scramble for coal from non-Russian sources following a self-imposed ban by the European Union on coal imports from Putin’s sanctions-hit country. But as far as New Delhi is concerned, the opportunity will go abegging as India is by itself struggling to tie up enough supplies. The EU ban […]

The post India Has To Let Go Of Huge Coal Export Opportunity first appeared on IPA Newspack.

In a strong message to China, Defence Minister Rajnath Singh has said that if harmed, India will not spare anyone, as he asserted that India under Prime Minister Narendra Modi has emerged as a powerful country and is headed to be among the top three economies of the world. Singh, in his address to the […]

The post India does not believe in ‘zero sum’ diplomacy: US, China told first appeared on IPA Newspack.

By Arun Kumar Shrivastav On Tuesday, Governor of the Central Bank of Sri Lanka Ajith Nivard Cabraal announced that the country would default on international debt payments until it receives a $3 billion bailout package it has asked for from the IMF. Sri Lanka’s external borrowings amount to $51 billion and roughly half of them […]

The post There Are Many Lessons To Learn From Sri Lanka’s Economic Collapse first appeared on IPA Newspack.

By Sushil Kutty The elephant in the room at the virtual Modi-Biden talk on Monday evening Indian time did not allow a free and fair discussion in the ‘Virtual Room’, which is different from the ‘Oval Room’. That said, there aren’t any elephants in Russia, only Siberian bears and the fossilized remains of the sabre-tooth. […]

The post Narendra Modi Has Played Well In The Present Diplomatic Game Over Ukraine War first appeared on IPA Newspack.

By Nantoo Banerjee Russian Foreign Minister Sergei Lavrov’s offer to India to consider a rupee-ruble mechanism to settle trade in goods between the two countries to avoid sanctions imposed by the US-led NATO comes at a time when the Indian economy is reeling under high prices of oil putting the country’s energy security at risk.  […]

The post India’s Energy Security Can Not Be Compromised first appeared on IPA Newspack.

By K Raveendran The Pakistan Supreme Court has virtually shown the door to another prime minister. Apparently, it might take longer for Imran Khan’s fate to be decided for good, but the action of a five-member bench of Pakistan’s apex court to strike down the controversial decision of deputy speaker of the national assembly to […]

The post Judicial Independence: An Area Where Pakistan Enjoys An Edge first appeared on IPA Newspack.

By Sushil Kutty Prime Minister Narendra Modi waxed eloquent on April 6, the 42nd foundation day of the Bharatiya Janata Party, dwelling deep into ‘parivaarvad’ and ‘rashtravaad’, besides pointing out that the rise and rise of the BJP is also centred round India’s growing global clout. Who he was giving a pat on the back […]

The post The Rise And Rise Of The BJP In Indian Polity In Last 42 Years first appeared on IPA Newspack.

By K Raveendran The emergence of Sri Lanka as a template for the fallout of infrastructure development with Chinese funding will save thousands of diplomatic man-hours for India in checkmating the Chinese ‘String of Pearls’ agenda. New Delhi has tried to counter the Chinese Belt and Road Initiative with its own ‘Look East’ policy, but […]

The post Sri Lanka A Template Of Risks In Chinese Debt Trap Diplomacy first appeared on IPA Newspack.

By Arun Kumar Shrivastav After an economic crisis, Sri Lanka has plunged into a political crisis now. On Monday morning, news reports said that the entire Sri Lankan Cabinet has resigned. There were also rumors that Prime Minister Mahinda Rajapaksa had resigned or would resign soon but his office denied the rumours. Another rumor that […]

The post Economic Crisis In Sri Lanka Turns Into A Major Political Imbroglio first appeared on IPA Newspack.

Russian Foreign Minister Sergei Lavrov is travelling to Delhi today for talks. The U.S. and Australia criticized India for considering a Russian proposal that would undermine sanctions imposed by America and its allies, showing a deepening rift between the emerging security partners as Foreign Minister Sergei Lavrov traveled to Delhi for talks. “Now is the […]

The post US says India’s Russia talks ‘deeply disappointing’ first appeared on IPA Newspack.

By K Raveendran As predicted, the ’synchronised’ fraud by the Modi government and the petroleum marketing companies has resumed even before the state assemblies which went to poll in the recent round have been officially constituted. The open market policy, which has been kept in ‘suspended animation’ has come alive and the results are already […]

The post ‘Synchronised’ Fraud By Government And Oil Companies Is Back first appeared on IPA Newspack.

By Dr. Gyan Pathak World Air Quality Report 2021 has unmasked the Modi government showing its ugly face which has been masked since April 7, 2015 by a so called flagship scheme to monitor air pollution in the country with the launch of National Air Quality Index. Despite the big claims, air quality in the […]

The post World Air Quality Report Unmasks Modi Government’s Incompetence first appeared on IPA Newspack.

By Nantoo Banerjee There were writings on the wall. Only India’s official economists seemed to have failed to read and report to the government. Oil rally was expected to continue through 2022 as demand outstripped supply. By January 29, this year, oil posted its sixth straight weekly gain as a growing global chorus predicted the […]

The post Surging Inflation Can Upset India’s Economy first appeared on IPA Newspack.

By Sushil Kutty We’ve heard of Prime Minister Narendra Modi’s 56” chest, and we’ve heard of how Modi can stand on one leg and give Baba Ramdev a run for his Yoga. Modi’s superhuman exploits would fill a tome the size of a NYT bestseller, and if people never tire of ‘Modi hai toh mumkin […]

The post Narendra Modi, The Superhuman Who Only Works And Rarely Sleeps first appeared on IPA Newspack.

By Arjavi Indraneesh New policies relating to the mining sector have the potential to kickstart gold mining in India in a big way, according to an assessment of the World Gold Council has concluded. India has a long history of mining gold, but at a low level: the 2020 gold mine production was just 1.6 […]

The post India Has Potential To Kickstart Gold Mining In A Big Way first appeared on IPA Newspack.

The United States has “deep concerns” about “alignment” between Russia and China, a senior US official said Monday after high-ranking US and Chinese officials met for seven hours on the Ukraine war and other security issues. Russia unleashed a barrage of airstrikes Monday on cities across Ukraine as the warring sides traded blame for a […]

The post US ‘concerned’ over China’s alignment with Russia first appeared on IPA Newspack.

By Nantoo Banerjee The Russian attack on Ukraine seems to have given a wakeup call to countries in Europe and Asia to substantially step up their annual defence expenditure to protect themselves from possible external assault. Given the ominous security situation in Europe, a number of countries, including Germany, Sweden, Romania, Latvia, Finland, the Netherlands […]

The post Several Countries Plan To Step Up Military Spending first appeared on IPA Newspack.