currency

Dollar and Gold Smuggling up: More Trouble for Shaky Rupee

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Spread the love           The Directorate of Revenue Intelligence (DRI) has launched a nationwide crackdown on foreign exchange smuggling, particularly of US$. For long, legal gold inflow occupied an important position, after petroleum and natural gas, in the country’s total import basket. Weakening Rupee seems to have further pushed the domestic demand for gold, especially among the […]


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Do the Lions Have Their Own Storytellers?

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Spread the love           Arindam, our Editor-in-Chief, talks about the ownership of the narrative of Africa, by its people, using the ‘lion’ metaphor, by Chinua Achebe. He tells us how he discovered Africa within him, during his formative years. Four insightful edits by the Africa Special Issue editors, Michele Baron, Luz María López, Olaitan Maryam Mojisola, and Swati […]


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Unworthy Political Manoeuvrings at the Cost of the Nation – I

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Spread the love           This undeniable fact of black money being the basis of our proud democracy is sad. For all of the elections and land acquisitions are done by utilising this undeniable acquisition through various allocations, be it coal or spectrum, opines Dr. Kulmeet, in part one of his opinion piece, exclusively for Different Truths. The […]


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Cop and Copper are the Villains of Thoothukudi

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Spread the love           Tamil Nadu’s AIADMK chief minister Palanisamy says the ‘opposition in Tamil Nadu’ is to blame and he places Tamil Makkal Maiyam founder actor Kamal Haasan in the opposition camp, rubbing shoulders with MK Stalin of the DMK. FIRs have been lodged against both Haasan and Stalin for breaking a number of laws, including […]


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More Rhetoric than Action in US-China Trade Negotiations: India Should Lie Low Without Taking Sides

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Spread the love           The trade negotiations between the two countries ended last week, with China declaring its honest intent to increase US imports and the world breathed a sigh of relief that the trade war was averted. But no roadmap of the strategic measures to reduce the trade deficit was drawn up. A report, for Different […]


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Maduro Re-Elected President of Venezuela: Trump Threatens to Impose Economic Sanctions

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Spread the love           This election season has been a wild ride for Maduro and Venezuela. After the death of President Hugo Chávez in March 2013, Maduro, a former bus driver and labour union activist, succeeded him with a mandate to continue the “Bolivarian Revolution” that had transformed political life in Venezuela and in the whole Latin […]


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Consolidation of Anti-BJP Forces is the Need of the Hour

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Spread the love           All the top leaders of Left parties who greeted the Congress of Communist Party of India held at Kollam, Kerala, too confirmed the urgent need to unite all secular, democratic forces to save the nation and people from the onslaughts of the communal, fascist forces in power at the Centre and in 15 […]


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Fiscal 2019 on Chaotic Start with Cash Squeeze: One More Blow at Desperate Poll Moves of BJP

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Spread the love           Highly disturbing for the immediate, and potentially damaging for the economy is the sudden outbreak of what is called “cash crunch” in several states, even the State Bank of India being no exception, with all their ATMs going dry. Ordinary customers going to bank counters must be having their own problems of not […]


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Less Prospects of a Full-Fledged Global Trade War: China Moderates Opposition to Trump Tariffs

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Spread the love           The Chinese had, in fact, stated that “politeness demands that China comes out with measures in response to unilateral US announcements of tariffs.” The pitch was further hyped by the US President imposing later rounds of imposts on $100 billion imports into the US, over and above those he had announced earlier. One […]


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China has Lessons to Learn from US-Japan Trade Tiff: India Could Benefit from Shift in Chinese Policy

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Spread the love           To circumvent the trade war, China should increase its overseas investment in low-cost countries and re-route its exports to the USA. India can become a preferred destination for Chinese investment. For the past few years, China has emerged as a big-ticket investor in India, despite security concerns. In 2015, Chinese investment in India […]


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