By Pepe Escobar The Panama Papers psyops revealed that – ailing – King Salman of Saudi Arabia is among a roast of notorious offshore profiteers “in relation” to “associates”. The House of Saud used British Virgin Islands shell companies to take out at least $34 million in mortgages for lavish houses in London and “a luxury yacht the size … Continue reading
By K.N. Pandita After concluding the Nuclear Security Summit meet in Washington (31 March – 1 April), Prime Minister Narendra Modi will be visiting the Kingdom of Saudi Arabia. Objective analyses of Modi’s visits abroad reveal his penchant for reassessing India’s regional and global relationships with a view of infusing new vitality in the tenets of … Continue reading
By Robert Shines India has shifted its strategic focus from the army to navy, seeking to counter potential Chinese encirclement and secure maritime energy routes. India has recently emphasized the role that its navy will play in enabling the country to pursue its geopolitical ambitions. The primary driver in India’s naval focus will be to … Continue reading
By Asma Chandani, DaWall Street After a tumultuous Q1 for global stock markets, investors are increasingly seeking to take advantage of attractive valuations. Bolstered by strong macro fundamentals, the SENSEX closed on Friday with its highest weekly gain in seven years, and the NIFTY just shy of 7,450. This week, Goldman Sachs reaffirmed its overweight position … Continue reading
Despite the tough times for most emerging markets, India continued its economic expansion becoming the fastest growing economy of 2015. With a growth rate of 7.5 percent India outpaced China’s 6.9 percent. India’s growth was 7.3 percent in the last quarter of 2015, according to official government figures. New Delhi says it expects growth for … Continue reading
By Raghbendra Jha On the back of expanding global trade and buoyant exports the Indian economy managed to grow at more than 9 per cent annually between 2005–6 and 2007–8. But following the global financial crisis, and subsequent sluggish world output and trade trends, economic growth in India has been lacklustre and remains well below … Continue reading
By Paul-Martin Foss India’s newest gold monetization scheme has been a colossal failure. After one month, it has netted only one kilogram (2.2 pounds avoirdupois) out of an estimated 20,000 tonnes (44 million pounds avdp) of privately-held gold. Why is that? Well, let’s look at how the program works: *Gold-holders turn their gold over to … Continue reading
By Alasdair Macleod The Indian government made headlines recently with its attempts to obtain possession of the gold held by its citizens. It claims it is in the national interest to restrict gold imports, which would reduce India’s trade deficit. Accordingly, Indians are being asked to deposit their physical gold in the banks for a promised … Continue reading
By Geethanjali Nataraj India has pulled ahead of China and United States as the most favoured destination for foreign direct investment (FDI). According to the Financial Times (FT), India received US$31 billion in FDI in 2015, which is US$3 and US$4 billion more than China and the United States respectively. Moving from fifth place in … Continue reading
By Pepe Escobar, originally posted July 23, 2015 on TomDispatch Let’s start with the geopolitical Big Bang you know nothing about, the one that occurred just two weeks ago. Here are its results: from now on, any possible future attack on Iran threatened by the Pentagon (in conjunction with NATO) would essentially be an assault on the planning … Continue reading