No OPEC Or A New OPEC? (Opinion)
By Asad Mirza
After working on devising methods to counter moves by OPEC (Organisation of the Petroleum Exporting Countries), the largest consortium of oil producing nations across the globe, over the last two decades considered detrimental to the US interests and having failed several times, the US lawmakers have at last succeeded in bringing about a legislation, which could effectively counter the OPEC hegemony and any challenge to the American authority on global issues.
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General Opinion/Comment 01:58 PMMarkets likely to recover some lost ground
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General Insight 09:10 AMIndia's thrust at the global stage (Column: Spy's Eye)
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Multi-sectoral development program changing the destiny of Muslims in 90 districts
By Dr. Shujaat Ali Quadri
Conditions are changing in 90 districts of India because of the developmental plans in the minority-majority districts.
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An intermeeting RBI/MPC surprise: Hits, misses and takeaways
By Suyash Choudhary
New Delhi, May 4 (IANS) In a surprising turn of events, RBI / MPC made an intermeeting decision to hike repo rate by 40 bps and CRR by 50 bps. Though since the April policy market has been pricing for a faster normalisation (interest rate swaps had been factoring in front loaded normalisation and cumulative hikes of 275 bps over 2 years), almost no one at all was prepared for an intermeeting action.
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France rejects far-right (Opinion)
By Asad Mirza
French President Emmanuel Macron clinched another five-year term in the Elysee Palace, becoming the third politician to achieve this feat. His victory also bought sighs of relief, from Brussels to Washington. Macron beat out far-right nationalist Marine Le Pen in the presidential elections, a contest that risked shattering the Western alliance against Russia, and jeopardising the very survival of the European Union (EU).
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Market waiting for global cues to decide trend
By Arun Kejriwal
The week that ended on April 29 was full of both sided sharp moves. The week began with an expected fall, rose the next day, fell the next day and kept on alternating between gains and losses all through the week. At the end of the week, it had lost on three of the five days. What was eventful was the fact that Friday was the day of reversal where markets gained initially and in the last hour just cracked.
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Growing importance of intelligence (Column: Spy's Eye)
By D.C. Pathak
End of the Cold War marked the beginning of an era of covert offensives, externally instigated insurgencies and proxy wars. Interestingly, even a military intrusion like the one ordered by President Putin in Ukraine two months ago, was couched in the description of an 'army operation compelled by Russia's security concerns' -- the fact of world opinion going totally against a one sided 'open war' was perhaps being acknowledged here.
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Allahabad HC judge recuses himself from Ashish Mishra case
Lucknow, April 27 (IANS) An Allahabad High Court judge has withdrawn himself from hearing the bail plea of Union Minister of State for Home Ajay Mishra's son Ashish Mishra in the Lakhimpur Kheri violence case.
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Indo-UK ties on a new track? (Opinion)
By Asad Mirza
In Persian there is an old proverb: "Amad'an, nashist'am, ghuft'am, barkhas'tam'", meaning "they came, they sat, they talked and then dispersed". It actually means to say that nothing substantial was achieved by the visit or the talks. The same could be said about UK Prime Minister Boris Johnson's recent visit to India, after his two previous trips scheduled last year were cancelled due to Covid-19 pandemic.
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Weak opening and expiry to dominate markets
By Arun Kejriwal
Markets continued their volatile ways in the five-day week gone by. They lost on the first two days, gained on the next two and lost again on the final day. At the end of the week, BSESENSEX was down 1,141.78 points or 1.96 per cent to close at 57,197.15 points. NIFTY lost 303.70 points or 1.74 per cent to close at 17,171.95 points. The broader markets saw BSE100, BSE200 and BSE500 lose 1.67 per cent, 1.58 per cent and 1.74 per cent respectively. BSEMIDCAP was down 1.15 per cent while BSESMALLCAP was down 0.93%.
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Exclusivism deepens cultural divide, leads to communal confrontation (Column: Spy's Eye)
By DC Pathak
In a democratic dispensation a citizen lives in three dimensions - personal, socio-cultural and political. Religion, mode of worship, food, health and family care - all fall in the personal domain and the democratic state grants an almost total freedom of choice there.
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Covid knocks again: Proactive individual approach might knock it out
By Pavan Kaushik
It was April 2021 when I was also found to be infected with Covid, after a first dose of vaccine. My oxygen levels were fluctuating and fever was now coming down. It was a panic situation for me as well as my family. I dont know for how many hours I had to lie on my stomach to bring back my oxygen levels and how many medicines I had to take to be alive. I dont remember how many times I drank the Ayush Kadha and had everything that the doctors suggested.
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China's military sales in India's neighbourhood: South Asian nations be wary!
By N.C. Bipindra
Of late, China has raised security concerns in the Indian Ocean region with strategic military sales like submarines to Bangladesh and Pakistan. China contends to be a key defence exporter to many Asian and Southeast Asian countries in Indias neighbourhood.
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Cong LS leader's criticism of Nagaland CM brings state's fragile peace back in focus (Opinion)
By Nirendra Dev
New Delhi, April 19 (IANS) Peace has been like an illusion for Nagaland. After decades of violence and subsequent years of negotiations, reportedly a breakthrough was achieved when all stakeholders held parleys in October 2019.
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Tough Days Ahead for India?
By Asad Mirza
The regional economic and political developments may have a near-immediate effect on the Indian economy, apart from the internal pressures.
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Ahead of PM's J&K visit, rise in targeted terror and glimmers of hope (IANS Column: FairPoint)
By Deepika Bhan
Ahead of Prime Minister Narendra Modis visit to Jammu and Kashmir on April 24, the first after the abrogation of Article 370 in 2019, a contrasting picture has emerged in the union territory.
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Markets precariously poised - looking for triggers
By Arun Kejriwal
It was a tough week for the markets and contrary to expectations, they lost ground last week. It was a short trading session of a mere three days and markets lost on all the three sessions. BSE Sensex lost 1,108.25 points or 1.86 per cent to close at 58,338.93 points. NIFTY lost 308.70 points or 1.74 per cent to close at 17,475.65 points.
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Astro Zindagi (Weekly Horoscope)
By Neeraj Dhankher
Here is a guide to the week ahead for you. This is your forecast for April 18-24
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Pakistan is back on the US side of the fence (Column: Spy's Eye)
By D.C. Pathak
The April 7 ruling of the Supreme Court of Pakistan delegitimising the Deputy Speaker's action of annulling the No Confidence Motion tabled in the National Assembly by the combined opposition and the dramatic course of events that followed in the House on April 9 culminating in the ouster of Prime Minister Imran Khan through a midnight voting on that motion and the subsequent election of leader of the opposition Shehbaz Sharif as the new Prime Minister -- all significantly mark the emergence of a new geopolitical profile of Pakistan.
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The 'Haqqani Generals' and the threat of Fascism in Pakistan
By Dr Amjad Ayub Mirza
Imran Khan was finally booted out of power on the early morning hours of April 10. This is the first time in the political history of Pakistan that a sitting prime minister has been unseated through a vote of no confidence. This illustrates how deeply the Pakistani political and military establishment is divided. The fundamental cause for this division is two folds - one reason for the above mentioned division is the unstoppable downward spiral of Pakistan's economy and the other is the denial of rights of oppressed nations living under the iron clad of the federation of Pakistan.
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NASA's Hubble Space Telescope confirms largest comet nucleus ever seen
Los Angeles, April 13 (IANS) NASA's Hubble Space Telescope has confirmed the largest comet nucleus ever seen by astronomers, the agency has said.
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The clash within the civilization (Opinion)
By Asad Mirza
It seems as if the Russia-Ukraine war has rendered the seminal work by Samuel Huntington "The Clash of Civilizations", as completely wrong. As the narrative painted by him 30 years earlier, and which occupied the central place in the world politics particularly by the western liberals has not happened. Instead of a clash of the civilizations, it is now a clash within the civilization i.e. white, European and Orthodox Christians fighting amongst them.
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'Azadi' slogans in Kashmir mosque do not augur well (IANS Column: FairPoint)
By Deepika Bhan
A video that went viral from the historic Jamia Masjid in Srinagar after the Friday prayers may be a manifestation of the bitter truth that all is not hunky-dory in Kashmir.
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Markets to continue to gain ground in truncated three-day week
By Arun Kekriwal
Markets opened with a bang on unexpected news of the HDFC Bank and HDFC Limited merger announcement on Monday morning. Thereafter markets corrected themselves and gained again only on Friday. At the end of the week, they closed with gains.
