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GREECE HEADS FOR SECOND NATIONAL ELECTIONS AS COALITION TALKS FAIL

RIGHT WING NEW DEMOCRACY PARTY IS EXPECTED TO GET MAJORITY INNEXT BID
Satyaki Chakraborty - 2023-05-27 13:09
Greece is heading for another general elections next month, possibly on June 25 as the ruling National Democracy Party refused to form a government with the other contending parties and pitched for holding another general election to allow the party with the largest seats to get majority and run the new administration smoothly. The other parties with smaller seats also declined to make any attempt to form the government. The general election to the 300 member Parliament was held on May 21 which did not give majority to the ruling NDP. The party was short of five seats from majority mark.NDP got 146 seats as against 71 by leftwing Syriza, 41 by socialist PASHOK and 26 by the communist KKE.

CHINA ALL SET TO EXTEND ITS SOLAR DOMINANCE TO GLOBAL WIND ENERGY SECTOR

WEAKNESS OF INFLATION-HIT U.S. MANUFACTURING BOOSTS CHINESE PROSPECTS
K Raveendran - 2023-05-27 13:07
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 as part of the plan to fight inflation.

FORCED LABOUR IN INDIA HIGHEST IN THE WORLD AT PRESENT

GOVT POLICIES DRIVING WORKFORCE TO MODERN DAY SLAVERY
Dr. Gyan Pathak - 2023-05-27 13:04
Forced labour in India is the highest in the world. About 11 million are presently under forced labour in the country, according to the Global Slavery Index 2023, released by Walk Free Foundation. The Global Slavery Index is a national breakdown of the extent of modern slavery in 160 countries.

KARNATAKA ELECTION RESULTS HAVE GIVEN THE CONGRESS SOME USEFUL LESSONS

GOOD GOVERNANCE HAS EMERGED AS A KEY CONSIDERATION TO VOTERS BEFORE POLLS
Harihar Swarup - 2023-05-27 11:58
What are some of the implications of the Congress’s emphasis and creditable win in Karnataka for national politics? At one level it would be unwise to extrapolate from state to national elections. The logic of these elections is not always aligned. Nevertheless, the Karnataka results have implications for how we understand the evolution of national politics.
SPORTS

MOTOGP TEAM CONDUCTS SUCCESSFUL ADVANCE RECCE OF BIC

Harpal Singh Bedi - 2023-05-26 17:49
New Delhi: A 12-member team from the global MotoGP™ commercial rights holder, Dorna Sports, concluded their successful advance reconnaissance to assess race preparations at the Buddh International Circuit (BIC) in Noida.
SPORTS

FIH HOCKEY: BELGIUM OVERPOWER INDIA 2-1

Harpal Singh Bedi - 2023-05-26 17:46
New Delhi: Belgium halted India's winning spree in the FIH Hockey pro league as the Olympic Champions. overpowered Men in Blue 2-1 as the Europe leg commenced at the Lee Valley Stadium in London on Friday.

APPROVAL OF MiCA REGULATION LEADS TO A NEW DAWN FOR CRYPTOCURRENCIES IN EU

INDIA IS STILL MONITORING DEVELOPMENTS IN OTHER COUNTRIES BEFORE TAKING FINAL DECISION
Arun Kumar Shrivastav - 2023-05-26 14:24
The European Union's Markets in Crypto Assets (MiCA) regulation has achieved its long-awaited final consent from the council. This groundbreaking legislation, aimed at harmonizing cryptocurrency laws across all 27 EU member states, has undergone several delays but has emerged triumphant.

EXCHANGE RATE DEPRECIATION LEADS TO LOWERING OF THE REAL WAGES RATE

THE TYPICAL RECIPE FOR REDUCING TRADE DEFICIT HURTS THE WORKING CLASS MOST
Prabhat Patnaik - 2023-05-26 14:20
Most people, including even trained economists, fail to appreciate the fact that an exchange rate depreciation, if it is to work in reducing the trade deficit in a capitalist economy, must necessarily hurt the working class by lowering the real wage rate. A capitalist economy, looking at it differently, improves its trade balance, for which it must improve its competitiveness, by lowering the real wage rate; and an exchange rate depreciation is one way of doing so.

SOURAV GANGULY HAS GIVEN A SIGNAL BY ACCEPTING POSITION OF BJP GOVT OF TRIPURA

THE FORMER INDIAN CRICKET TEAM CAPTAIN IS KEEPING HIS OPTIONS OPEN IN DIRECT POLITICS
Tirthankar Mitra - 2023-05-26 14:13
Standing bare-chested at Lord's cricket ground pavilion and waving his shirt at the crowd in celebration of his team's success, Sourav Ganguly, then Indian cricket team captain courted controversy and was comfortable with it. Little did he know that he will be squirming with unease when controversy came calling again recently when he found himself in public glare after accepting the assignment as tourism brand ambassador of the BJP government in Tripura.