Articles written by
k raveendran

By K Raveendran The proposed rupee-rouble trade for oil will be a key ingredient, along with Russian insistence on rouble payments from European gas customers, in Putin’s sanctions-busting programme. The Biden administration has obviously seen the implications of an India-Russia oil deal and it is no surprise, therefore, that Washington is trying to put pressure […]

The post Rupee-Rouble Oil Deal Could Be Key Plank Of Putin’s Sanctions-Busting first appeared on IPA Newspack.

By K Raveendran The currency stand-off in the global gas market, triggered by Russian president Vladimir Putin’s announcement that Russian gas will henceforth have to be paid in roubles instead of dollar and euro is keeping the market on tenterhooks. It has upset the calculations of all important stake holders, including India, which has been […]

The post Putin’s Gambit In Demanding Rouble Payments Takes Issues Beyond Pricing first appeared on IPA Newspack.

By K Raveendran As predicted, the ’synchronised’ fraud by the Modi government and the petroleum marketing companies has resumed even before the state assemblies which went to poll in the recent round have been officially constituted. The open market policy, which has been kept in ‘suspended animation’ has come alive and the results are already […]

The post ‘Synchronised’ Fraud By Government And Oil Companies Is Back first appeared on IPA Newspack.

By K Raveendran The massive humanitarian crisis caused by Russia’s invasion of Ukraine is engaging the attention of all concerned. The pain and suffering caused by the war to innocent people, manifesting in some three million seeking refuge in Ukraine’s European neighbour states provide unbearable visuals. But away from public gaze, vulnerable sections even far […]

The post Ukraine Aftermath To Hit Vulnerable Populations Around The World first appeared on IPA Newspack.

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By K Raveendran The impact of Russia’s Ukraine war on the energy sector, particularly oil and gas, as well as commodities, has been too dramatic to be missed by anyone, including consumers in the remotest part of the world. But what is causing new concern is how the war is pushing coal prices to unprecedented […]

The post Coal Prices Set To Double Under Impact Of Russia’s Ukraine War first appeared on IPA Newspack.

By K Raveendran The ‘Z’ marking seen on Russian battle tanks and other military equipment as a coding for the Ukraine invasion is fast acquiring an evil meaning, similar to the evil that the Nazi symbol of Swastika denotes. In India, Swastika connotes exactly the opposite, as the Hindu symbol of auspiciousness. But for most […]

The post How ‘Z’ Has Come To Acquire An Evil Meaning Similar To Nazi Swastika first appeared on IPA Newspack.

By K Raveendran Forgetfulness is bliss. Of all faculties, the ability to forget is the basis of human progress, whether for an individual, institution, or a nation. It is the fountainhead of forgiveness, perhaps the greatest of all virtues. And Indians are particularly endowed with it, whether it is due to their obsession with spirituality, […]

The post Narendra Modi Flourishes On Indian People’s Short Memory first appeared on IPA Newspack.

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By K Raveendran Making one of the worst fears come true, Brent crude, the benchmark oil price, has hit an intimidating $110 a barrel as the Russian invasion of Ukraine is showing no signs of a possible resolution. This is the highest price for oil in more than seven years, which by itself should send […]

The post Oil Prices Refuse To Be Tamed By Emergency Releases By IEA Members first appeared on IPA Newspack.

By K Raveendran The Russian invasion of Ukraine has provided yet another instance of gold proving its safe haven value. As Russian forces entered Ukraine and pressed towards Kiev, gold price surged to an intra-day high of US$1,974 per ounce on Thursday, corresponding to Rs 52,797 per 10 grams on India’s MCX. Hectic buying was […]

The post Gold Shines Again As Safe Haven As Ukraine War Intensifies first appeared on IPA Newspack.

By K Raveendran With the Russian invasion of Ukraine already playing out, it is clear that the war between US and allies on one side and Russia on the other would be fought not just at the military and economic levels, as already manifested by the western sanctions, but with another strategic weapon as well: […]

The post Energy Is A Strategic Weapon In Russia’s War Against Ukraine first appeared on IPA Newspack.

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By K Raveendran Tensions over Ukraine have combined with record-high gas prices to raise questions about the long-term security of gas imports through Russian-operated pipelines, giving coal a new place of importance in the energy mix. European countries have been gradually decommissioning coal infrastructure over recent years, as the power market moves towards a greener, […]

The post Ukraine Tensions Bring Coal A New Lease Of Life In Energy Mix first appeared on IPA Newspack.

K Raveendran The scene at the Central Committee meeting of the CPI-M the other day in Delhi ran like this: the committee members are huddled together, pens poised, brows furrowed and looking askance at how and why the sand under the feet of their party got washed away in the Lok Sabha elections in the only remaining backyard of the Marxist party. Mash the Great, the intellectual […]

K Raveendran In the tumultuous realm of Indian politics, few narratives are as gripping and revealing as the rise and fall of communist parties. Among these, the travails of the Communist Party of India (Marxist), or CPI-M, in Kerala and Bengal offer a compelling study in contrasts – one marked by systemic decay, moral erosion, and the predictable consequences of hubris. The saga begins in West Bengal, […]

K Raveendran The Indian electorate, that mystical blend of wisdom and mischief, have done it again. They have yet again proclaimed they can never be taken for granted. Picture this: silk kurta-clad rulers strutting through constituencies like peacocks on a catwalk. Their arrogance defies both physics and good taste. They believe they’re heaven-sent, not elected. And their entourage? A trail of sycophants thicker than Kerala’s monsoon air. […]

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Party is withering away its goals, accountability, and its very ability to comprehend anything definitive K Raveendran Pinarayi Vijayan and his fellow comrades have achieved a lofty Marxist ideal: the withering away of the state, which Engels had envisaged as the ultimate success of socialism, but could not live to see happen. In the glorious land of Kerala, where the red flag flutters proudly and coconuts fall […]

So, let the drums roll and trumpets blare, for Indian politics is nothing if not a spectacle of surprises K Raveendran The issue of level playing field never came to the fore as it did during the 2024 elections. But it was mostly about political parties fighting out an unequal battle in terms of resources, partisan treatment by the Election Commission, sizzling summer heat at some parts […]

K Raveendran The following is an account of an imaginary comrade visiting Singapore, provided by an imaginary reporter purportedly accompanying the comrade and his family: Firebrand Comrade X (apologies to all those who are named X) puffed out his chest as his plane touched down in the gleaming metropolis of Singapore. Here, in this capitalist paradise, he would witness the excesses of untamed free markets firsthand. He imagined […]

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K Raveendran In the lush greenery of Kerala, where the backwaters meet the sky, there’s a whisper among the coconut palms. It’s about the tagline “God’s Own Country,” a clever bit of branding done by an ad agency for Kerala Tourism that has stuck so well, even the heavens above have given it a celestial nod of approval. Imagine the scene: celestial beings gathered around a cosmic […]

K Raveendran The biggest joke or hoax of the campaign for the 2024 Lok Sabha elections is the CPI-M advertisement on television channels claiming that if India is to survive, the Left’s voice has to reverberate in Delhi. Going by whatever has happened in the 17th Lok Sabha, where the CPI-M had just three MPs, two of them from the communist-weary territory of Dravida land, where the […]

A K Antony stood tall, his silver hair catching the golden rays. Beside him, his son, Anil Antony, clad in saffron, exuded confidence, while Nandakumar with his insidious airs played his part exquisitely. K Raveendran It is an infinitely open question as to whether one’s body language is more expressive than the verbal language. While […] The post Body versus the other language appeared first on Business […]

K Raveendran Without mincing …….. by K Raveendran Chief minister Pinarayi Vijayan loses no opportunity to blame all the troubles of the state on the Centre. For everything that is not to his or his party’s liking, from the fiscal constraints on borrowing to the distribution of the humble Bharat rice, the blame is invariably put at the door of the Modi government. To add further effect […]

Without Mincing by K Raveendran In the murky corridors of power, where shadows and secrets coil like serpents, the tale of the BJP’s electoral bond conquest has unfolded and there can’t be a greater embarrassment for the ruling party and the government at this juncture when voting for parliamentary elections is only a month away. The Supreme Court, resolute and unyielding, has cast its gaze upon this […]

K Raveendran The formative years of my journalistic career coincided with the ‘super reign’ of legendary editor of Patriot, Edatata Narayanan. Edatata had a unique equation with Jawaharlal Nehru as prime minister: he was a bitter critic of Nehru and yet a true friend of his. That was quite unlike the present generation of politicians who consider their critics as their worst enemies. Edatata travelled ahead of […]

K Raveendran The merger of Nakheel and Meydan under Dubai Holding, which the Dubai Ruler and UAE Vice President Sheikh Mohammed bin Rashid Al Maktoum announced on Saturday, marks a significant shift in Dubai’s economic landscape, but it’s just the latest chapter in a long history of transformation for both entities. Dubai Holding itself has undergone several structural changes since its inception. Originally focused on investments and […]

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K Raveendran The Dubai International Financial Centre’s (DIFC) enactment of the world’s first comprehensive digital assets law this week marks a milestone, not just for the world of cryptocurrency and blockchain technology, but also for Dubai’s ambitions within the knowledge economy. This bold move positions Dubai as a frontrunner in regulating and facilitating the growth of this nascent asset class, potentially solidifying its position as a global […]

K Raveendran The UAE and Saudi Arabia, the Middle East’s two powerhouses, are engaged in a no-holds barred competition to claim the coveted title of the region’s business and financial capital. Until some time back, the UAE had virtual monopoly in this regard, with Dubai remaining unchallenged as a magnet for foreign investments. But things have changed of late as Saudi Arabia has embarked on a new […]

K Raveendran A reported move by Abu Dhabi to launch an Initial Public Offering (IPO) for Etihad Airways has sent ripples through the Gulf’s aviation sector. This potential move, if realized, would mark a historic first for the region, potentially setting a precedent for other major airlines to follow. Firstly, an Etihad listing would be a significant step away from the traditional state-owned model prevalent in the […]

K Raveendran Dubai has long been synonymous with audacious innovation and a relentless pursuit of growth. While oil has historically fueled the region’s prosperity, forward-thinking entities are increasingly turning to unconventional methods to diversify revenue streams. One such method gaining traction is the strategic use of naming rights. Dubai Metro serves as a prime example of this ingenuity. Faced with the need to supplement ticket sales, authorities […]

K Raveendran The United Arab Emirates (UAE) is witnessing a significant demographic shift, with a growing influx of professionals replacing the previously dominant low-wage workforce. This trend is impacting various aspects of life in the UAE, most notably in the areas of housing, services, and the overall cost of living. Statistics paint a clear picture of this transformation. According to the World Bank, the UAE’s population in […]

K Raveendran The recent decision by the Financial Action Task Force (FATF) to remove the United Arab Emirates (UAE) from its “grey list” of jurisdictions under increased monitoring has significant implications for the country, both domestically and internationally. The action sends a positive signal to investors, boosting economic confidence and potentially attracting more foreign direct investment (FDI). It will help solidify the UAE’s position as a responsible […]

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