By Sankar Ray In mid-December this year, foreign exchange reserves of the State Bank of Pakistan’s (SBP) dropped to $6.1 billion, the lowest level since April 2014, meaning that the SBP had reserves, just enough to meet five weeks of imports needed. The reserves of commercial banks declined by...
By Arun Kumar Shrivastav The startup scene has been substantially subdued in 2022. Compared to 542 in 2021, only 244 new unicorns were created in 2021. Indian startups have not been aloof from the global trend, and compared to 44 in 2021, the country produced only 23 new unicorns...
By James M Dorsey Prime Minister Benyamin Netanyahu’s far-right, Jewish nationalist, ultra-conservative coalition government threatens to put the Jewish state on a collision course with Jewish Diaspora Jewry and could weaken or undermine a pillar of Israeli national security: unquestioned US support. The looming crisis with two of Israel’s...
By Prakash Karat A look back at the year 2022, which is ending this Saturday, shows that it has been a year in which the Indian economy struggled to come out of the deep trough it was plunged into in the years 2020 and 2021. Rising inflation, growing unemployment,...
By Sushil Kutty Why should it surprise anybody if Telugu Desam Party supremo Chandrababu Naidu wants his son Nara Lokesh to replace him at the head of the TDP table? CBN is doing nothing that is unusual. Besides, it is classic Congress. Nara Lokesh will also undertake a ‘padayatra’,...
By Arun Srivastava None can deny that the Central Bureau of Investigation (CBI) is the storeroom of the best imaginative and fertile brains. Earlier the CBI sleuths had come out with the revelation that Bihar Deputy Chief Minister Tejashwi Yadav owned the Gurugram mall constructed from the illegal money...
By Krishna Jha Communist Party of India was formed on December 26, 1925. It has been a day that makes us remember how the suffering Indian masses were united against the forces of British imperialism. The commitment to fight to end the class divided society, to end exploitation, and...
By Dr. Gyan Pathak Farmers in India began 2022 with great hope but are ending it with greater despair. The year started with peace after the year-long historical farmers’ movement was called off in December 2021, but a year later December 2022 witnessed re-emergence of agitations of all hues...
By Ashis Biswas As the pre-election campaign for state assembly polls in Tripura and Meghalaya warms up, new entrant Bengal-based Trinamool Congress (TMC) faces unexpected challenges. For a state-based party still chasing a ‘national’ status, the first priority for the Mamata Banerjee-led outfit is to win a respectable number...
By W. T. Whitney Jr. “Pedro Castillo emerged from that deep, excluded, and marginalized Peru that has been the primordial object of nefarious consequences of treason by the elites,” according to an observer. Castillo was the first progressive candidate ever to win a presidential election in Peru. After harassing...
By K Raveendran Judicial academicians will do well to bring out the correlation, if any, between the tenure of Supreme Court chief justices and the quality of decisions pronounced during their respective tenures. The year 2022 would be a rich resource for any such study as it saw three...
By Sushil Kutty As 2022 rolls over for 2023 the Opposition has to declare a PM-face. There is no other option for the opposition parties but to fight Narendra Modi unitedly. Consider it a fait accompli, something that has been decided, and all that remains is to make it...
By Dr. Gyan Pathak New rules are set in 2022 for an entirely new dynamics of education in India. Implementation process of National Education Policy (NEP) 2020 were reviewed in a meeting in May 2022 chaired by Prime Minister Narendra Modi which elicited detailed plans from educations leaders for...
By Arun Srivastava It is indeed a tough proposition to decode the political moves of Bihar Chief Minister Nitish Kumar and to put in public domain. Even his close friends vouch that it is his political acumen not to allow his left hand to know what his right hand...
By K R Sudhaman The vision of founding fathers has ensured that the Indian economy developed wherewithal and resilience to weather the storm from time to time. The economy has developed unique ability to convert challenges into opportunity, be it food shortage of the 1950 and 1960s that led...
By P. Sreekumaran THIRUVANANTHAPURAM: The Kerala CPI(M)’s decision to undertake a massive rectification campaign has energized the party like never before. The drive, undertaken after a nine-year gap, is aimed at curbing the rise in bourgeois tendencies among the party leaders and cadres, especially after the CPI(M)-led Left Democratic...
By Arun Kumar Shrivastav Thanking Indian Prime Minister Narendra Modi on December 27 for getting the UNO to announce 2023 as the International Year of Millets, Haryana Chief Minister Manohar Lal Khattar said, “The more the practice of eating millets increases, the more the side effects of crops produced...
By Harihar Swarup The transition has been relatively smooth. Enough for P T Usha to flash that trademark smile at everyone present at Olympic Bhavan, headquarters of Indian Olympic Association in Delhi. Dressed in a beige tussore salwar kameez with a smart floral jacket on a wintry Saturday, Usha...