Wednesday, 29 June, 2022

Saleha Mohsin

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On Camera

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Biden calls on Congress to suspend gas tax for three months

Will US craft a new oil compact with Saudi Arabia? Joe Biden may have to eat his own words

Like many, India will be anxiously watching the US-Saudi Arabia summit in Jeddah—knowing its fate is tied to the decisions King Salman and Joe Biden make.
A toy figurine of the Ant Group Co. mascot sits on a desk at the company's headquarters in Hangzhou, China, on Monday, Sept. 28, 2020. Jack Ma's Ant Group is seeking to raise $17.5 billion in its Hong Kong share sale and won't seek to lock in cornerstone investors, confident there will be plenty of demand for one of the largest equity deals in the financial hub, according to people familiar with the matter. Photographer: Qilai Shen/Bloomberg

US plans to hit China harder, explores tough restrictions on Ant Group & Tencent Holdings

Discussions around payment platforms of Ant Group, Tencent have been held up in part by debate over what authority govt would use to restrict them & how quickly measures could be implemented.

Defence

Nirmala Sitharaman being sworn in as defence minister by President Ram Nath Kovind

The biggest challenges Nirmala Sitharaman will face as India’s new Defence Minister

Sitharaman, who is only the second woman defence minister in India's history, is expected to work closely with the Finance Minister to take key industry-related decisions

With Agnipath, Modi govt’s shock & awe doctrine may have misfired a vital reform, yet again

Modi govt's biggest flaw has been its disinclination to accept limitations of electoral majorities. This ruined land acquisition and farm reform, stalled labour codes.
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