THE mercantilists had defined a nation’s prosperity in terms of the amount of precious metals it possessed and a nation’s progress in terms of the increase in its amount of precious metals. For increasing its amount of precious metals, a nation had to have a favourable balance of trade in goods and services (its exports, that is, had to exceed its imports) which would then need to be settled through imports of precious metals, especially gold, so that the...
IN a bold challenge to US tech supremacy, Huawei has unveiled its most ambitious AI computing platform yet: the CloudMatrix 384, a high-performance AI training cluster based on its homegrown Ascend 910C chips. The platform is built to train large-scale AI models like those behind ChatGPT or Deepseek, which require enormous computing capacity. What makes the announcement significant is...
ACCORDING to Donald Trump it is time for a reverse relocation of manufacturing from the Global South to the US. He expressed his anguish to Apple CEO Tim Cook for the plan to extend operations in India. US now needs manufacturing because by relocating low value-added assembling, they would be able to provide jobs to average Americans who badly need them. Apple employs 3 lakh workers in China and 60,000 in India.
THE Punjab state committees of the Communist Party of India (Marxist), Communist Party of India, and Communist Party of India (Marxist–Leninist) Liberation, in a joint statement issued on May 23, have condemned the “irresponsible and politically motivated attempt” to use the Indian Army for electoral and...
THE P Sundarayya Memorial Trust (PSMT) commemorated the 40th death anniversary of the legendary freedom fighter and towering peasant leader P Sundarayya by organising a book discussion on the book “A Peoples’ History of the Farmers’ Movement, 2020-21”, edited by Shamsher Singh and Sabah Siddiqui, on May 19, 2025 at the Harkishan Singh Surjeet Bhawan in New Delhi. P Sundarayya, the master strategist and tactician of the...
THE All India Kisan Sabha (AIKS), in a statement issued on May 27, has noted with grave concern that the central board of the Reserve Bank of India (RBI) has recently decided to transfer a record Rs 2.69 lakh crore surplus to the union government for the financial year 2024-25. The RBI took this decision after revising their Economic Capital Framework (ECF) which gave the apex regulator the flexibility...
FOLLOWING unseasonal heavy rains and thunderstorms in several states killing at least 80 persons and livestock, and causing heavy damage to crops and orchards, the All-India Kisan Sabha (AIKS) has demanded ex-gratia to the families of the deceased and adequate compensation to farmers. In a press statement issued on May 23, AIKS said “large-scale deaths due to...
ON May 12, 2025, Abdul Ghani al-Kikli, known to everyone in Libya as Ghnewa al-Kikli, was killed during a meeting inside a militia facility run by the 444th Combat Brigade in Tripoli. Ghnewa, as he was called, led the Stability Support Appartus (SSA), which had ruled parts of Tripoli, and indeed sections of northern Libya, with an iron fist. The leader of the 444 Brigade, Major General Mahmoud Hamza, celebrated his troops for ‘overthrowing the Ghnewa Empire’. Hamza,...
A DELEGATION of the Communist Party of India (Marxist) visited Aligarh to investigate the brutal assault on meat traders and met with the victims currently undergoing treatment in hospital. Certain communal and divisive elements targeted the driver of a truck legally transporting meat and his associates under the pretext of "Gau Raksha" (cow protection). The victims were violently assaulted, and Rs 50,000 was demanded from...
VETERAN leader of the CPI(M) and the All India Kisan Sabha (AIKS) in Maharashtra, Comrade Lahanu Shidva Kom, ex-MP and ex-MLA, passed away early this morning on May 28, 2025 after a brief illness. He was 86 years old. He leaves behind his wife Hemlata (also a Party and AIDWA leader), a son, a daughter, and three grandchildren.
