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OIL AT $20s NO MORE A DREAM BUT DISTINCT POSSIBILITY

MARKET HAS ONLY ONE WAY TO GO, WHICH IS DOWNWARDS
K Raveendran - 2020-03-12 11:04
A heady cocktail of ego, frustration, power struggle and one-upmanship is what has led to the current commotion in the oil market, which is of course welcome news for consuming countries like India. After shedding a third of its value, crude has since made some marginal recovery, but the overall trend continues to be downward, with new predictions putting the price in the early $20s.

VIRTUALLY QUARANTINED INDIA URGENTLY NEEDS EMERGENCY FISCAL MEASURES

FINANCING HEALTH AND ECONOMY IS THE NEW CHALLENGE
Gyan Pathak - 2020-03-12 09:55
With invocation of the provisions of Disaster Management Act, Epidemic Diseases Act, and other rules, India has virtually quarantined itself from the world until April 15. WHO has declared the spread of coronavirus (COVID-19) pandemic due to alarming levels of, its spread from 48 to 114 countries of the world within seven days, its increased severity, and inaction on the part of many governments. WTO has to cancel all its meetings after one of its officials found to be infected with the virus. IMF has come out with some new fiscal policies to deal with the new situation saying that governments should protect people from the economic impact of this global health crisis. Those who are hit the hardest should not go bankrupt and lose their livelihood on account of local shutdown of business and industries because of local quarantine needs. It is in this scenario, India urgently needs a new series of fiscal policies to effectively deal with the situation.
INDIA: SPORTS

FOOTBALL ISL: TWIN MENACE TROUBLE FOR ATK, CHENNAIYIN

Special Correspondent - 2020-03-11 18:06
Goa: ATK and Chennaiyin are chasing their third Hero Indian Super League crown, and leading the charge for the outfits will be two potent strike-forces who have scored a combined staggering 33 goals this season.
INDIA: UTTAR PRADESH

SAMAJWADI PARTY WORKING ON RAINBOW COALITION WITH SMALLER PARTIES

AKHILESH ENCOURAGING INDUCTION OF DALIT LEADERS
Pradeep Kapoor - 2020-03-11 15:53
LUCKNOW: Samajwadi Party is working with smaller parties and different cast groups to form a rainbow coalition to take on BJP in 2022 assembly polls. Samajwadi Party founder Mulayam Singh and son Akhilesh Yadav who is national President of the party are in touch with various leaders of smaller parties and caste groups.
INDIA: MADHYA PRADESH

CONGRESS FACTIONALISM LED TO SCINDIA’S EXIT

KAMAL NATH IGNORED THE YOUNG LEADER IN RECENT MONTHS
L.S. Herdenia - 2020-03-11 15:50
BHOPAL: It was a tsunami for the Congress. March 9 greeted the Chief Minister Kamal Nath and the party with the shocking news that MLAs and ministers loyal to former union minister Jyotiraditya Scindia were not traceable. Soon it was discovered that they were all in Bengaluru with their mobiles switched off. It was soon clear that Scindia had unfurled the flag of revolt.
INDIA: MADHYA PRADESH

CONFUSION STILL PREVAILS IN MADHYA PRADESH POLITICS

BJP IS STILL NOT SURE OF FULL SUPPORT OF ITS LEGISLATORS
Arun Srivastava - 2020-03-11 15:46
Gwalior royal scion Jyotiraditya Scindia quitting Congress has not come as a surprise. Ever since Kamal Nath became the chief minister of Madhya Pradesh with the blessings of Sonia Gandhi he has been feeling uneasy in the Congress. Enjoying the trust of Rahul Gandhi he nursed the feeling that Nath cannot be his boss and rule over him. Like other Congress leaders who switched their loyalties to the BJP, Scindia has his basic right to join the BJP or any other party of his choice.
INDIA

INDIA-CHINA RIVALRY IN INDIAN OCEAN IS A REALITY

DELHI HAS BIG PLANS TO IMPROVE ITS NAVAL PRESENCE
Barun Das Gupta - 2020-03-11 13:12
Earlier this month, India was made an observer of the Indian Ocean Commission, recognizing India’s dominant role in the Indian Ocean. The Commission, set up in 1982, has on it Madagascar, Mauritius, Comoros, Seychelles and the Reunion Island. Four countries have observers’ status – the European Union, the International Union of La Francophonic (OIF) and two Asian nations – China and Malta. Now India, too, has been admitted to it.