Articles written by
k raveendran

By K Raveendran When 14 political parties together approached the Supreme Court alleging misuse of central agencies including CBI and Enforcement Directorate (ED) to cow down political opponents, the court rejected the plea on the ground that politicians cannot be placed on a pedestal for special treatment and that they can only be treated like […]

The post Another Batch Of Petitions Before Supreme Court Against Drastic Powers Given To ED first appeared on IPA Newspack.

By K Raveendran Apple has become the first company to hit a market value of $3 trillion. Although largely symbolic, the milestone is nearly as much as the GDP of India, the country that the tech giant hopes will drive its new future as it seeks to diversify its manufacturing base away from China. Apple […]

The post Nearly Matching Its Value To Indian GDP, Apple Elevates Country As Future Growth Partner first appeared on IPA Newspack.

By K Raveendran The standard definition of crony capitalism is the existence of an economic system characterised by mutually advantageous relationships between business leaders and government officials. Going by this, at least two major decisions this week are India-centric, though with linkages to domestic as well as international. The International Cricket Council ICC), over which […]

The post Gujarat Gets Status Of First Among Equals In Line With Modi’s Love For Home State first appeared on IPA Newspack.

By K Raveendran Prime Minister Narendra Modi may be presumed to have done well in Washington despite a tinge of doubt in his response to pointed questions about Indian democracy and minority rights, but the embarrassing questions were not the only source of sour taste in the otherwise impressive visit, for which president Joe Biden […]

The post U.S. Probe Against Adani Group Sours Taste During Modi’s White House Dinner first appeared on IPA Newspack.

By K Raveendran Even as the world weighs the ethical issues of the potential use of artificial intelligence, ironically disclaimed by even its originators, companies are treading cautiously, taking measures on one hand to cope with the implications of the increased use of the pathbreaking technology and on the other for reaping maximum benefits from […]

The post Overawed By AI, Companies Make Early Moves To Join It Rather Than Fight first appeared on IPA Newspack.

By K Raveendran The heavy impact of the disclosures made by former Twitter CEO Jack Dorsey about alleged armtwisting by the Modi government to force the microblogging giant to block criticism of the government in connection with the farmers agitation has overshadowed the disastrous data leak relating to Covid vaccination. The latest controversy has taken […]

The post CoWin Breach Defence By Minister Shows Disdain For Privacy Of Citizens first appeared on IPA Newspack.

By K Raveendran The pullback in gold prices has generally been attributed to investor caution surrounding the Federal Reserve’s interest rate strategy and other economic cues, but the immediate trigger is believed to be the US debt deal, which averted a default, thereby lowering the risk perception. Gold soars when risks intensify. Gold prices in […]

The post U.S. Debt Deal Pressures Gold Down, Central Banks Turn Net Sellers first appeared on IPA Newspack.

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.