-
Despite domestic priorities, RBI will have to follow the U.S. Fed
India will have to respond by increasing interest rates further sooner rather than later. Higher U.S. interest rates make global capital abandon other countries and rush to American bonds whose market yields have doubled at the shorter end.
-
Despite the evidence, courts yet to take note of spyware used against Elgar Parishad accused
The evidence of malware use has now come in from multiple studies, but the accused remain in jail and the trial is yet to begin.
-
‘India after Naxalbari: Unfinished History’
Bernard D’Mello’s India After Naxalbari: Unfinished History is simultaneously a history of India’s political, economic and social development since the British Raj to the present; a historical retracing of the different attempts to build a revolutionary movement in India; and a political intervention into contemporary debates within the Indian left.
-
India to boost Sakhalin-1 oil output
After Sakhalin-2, Moscow also plans to nationalise Sakhalin-1 oil and gas development project by ousting U.S. and Japanese shareholders. But Moscow will make an exception for India so that OVL which holds 20% stake will remain & continue to work.
-
“Heads I Win, Tails You Lose”
To look at neo-fascism withoutits economic moorings, to ignore the fact that the neo-fascist government is actually based on a neo-liberal-neo-fascist alliance, and, in general, to look at politics as a self-contained sphere unconnected to the economy, is a liberal trait that the Left must not imitate.
-
The Indian economy is heading for a stationary state
ADAM Smith and David Ricardo had been haunted by the idea of capitalism ending up in a “stationary state”, by which they meant a stable state of zero growth.
-
Culture and existence: the message from Silger
It is quite common to think of the black man in the United States who finds himself in a moment of danger. But let us talk about the adivasi people in India who are in a similar situation. Not just danger, but they — their life, culture, forests and land — are facing a situation of accelerated danger.
-
Economist Michael Hudson on decline of dollar, sanctions war, imperialism, financial parasitism
Economist Michael Hudson discusses the decline of the U.S. dollar, the sanctions war on Russia, his concept of “free-trade imperialism,” and financial parasitism.
-
Ecological rift and alienation: Field notes from Goa and Sikkim
For years, the loss of land and livelihood has been upheld as the sacrifice people would have to make in order to get jobs and money later on. It does not seem to matter that any sort of prosperity has failed to trickle down to the people till date, barring those few who get to fatten their pockets.
-
A difficult return – race, class, and politics in Rodney’s Guyana
In 1974 Walter Rodney and his family returned to Guyana. Rodney immediately faced a country divided between the Indian and African working class, and the brutal and divisive regime of Forbes Burnham. Rodney produced an impressive body of historical work which provided a Marxist explanation for the divide of the country’s working people. Chinedu Chukwudinma continues the story of Rodney’s revolutionary life.
-
India and Pakistan’s brutal heat wave poised to resurge
2022 will likely be one of the coolest years Earth will experience in the foreseeable future; much more intense heat waves are in India and Pakistan’s future.
-
Fall-out of the Ukraine conflict on India’s economy
The Problem Is Actually At Home
-
U.S. narrative won’t survive defeat in Donbass
An extraordinary thing about British diplomacy is that it continually looks for ways to stay ahead of the curve and provide added value to its customer across the Atlantic, the United States. That makes the remarks on Ukraine conflict by the UK Prime Minister Boris Johnson at his press conference in New Delhi on Friday highly significant.
-
U.S. suddenly pretends to care about rights abuses in India
While it is true that India’s right-wing government is guilty of human rights abuses and has been for years, it is also true that the US State Department does not actually care about human rights abuses.
-
‘After all, my name is Stalin’: in a Speech at CPI(M) Congress, a roadmap to counter BJP
The DMK’s chief’s speech at the CPI(M)’s congress has reflected the assonance between communist and Dravidian politics.
-
‘Indian Rivers are in ICUs, Drying up Fast’ — Waterman Rajendra Singh
“Twenty-one Indian cities are going to be waterless very soon,” Rajendra Singh tells me in an interview for NewsClick conducted last week in Delhi. Singh is alluding to a prediction in a Niti Aayog report on water. He says, “It means that the underground and surface water availability will become zero.” Another report says 72% of water reservoirs are in overdraft.
-
India, U.S. have different priorities
An extraordinary week has passed for the Modi government’s dalliance with the Quad. Call it a defining moment, a turning point or even an inflection point—it has elements of all three.
-
Dangers of teaching the Bhagavad Gita in educational curriculums
The Hindu right wing forces are planning for a while to make the Bhagavad Gita as a national scripture and access to absolute state power is allowing them to fulfil their long-time dream.
-
India should quit Quad now!
This is a moment of truth, therefore, as the U.S. unsheathes the sword to bleed and dismember Russia, and gives an ultimatum to China to stay out of it.
-
Sanctions within a regime of neo-liberalism
Before joining the neo-liberal order, India used to have “rupee payment arrangements” with the Soviet Union and Eastern European socialist countries under which the main international reserve currency, the U.S. dollar, was used neither for settling transactions nor even as the unit of account in terms of which the trade-related transactions were denominated.