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NEW DELHI: The vision to make India a developed nation by 2047 includes a major shift towards electric vehicles, supported by tax incentives, production linked incentive schemes, and the mandatory provision of charging infrastructure, a top government official said on Monday. Secretary in the Department for Promotion of Industry and Internal Trade (DPIIT) Rajesh Kumar […]

The post EVs Adoption To Play Major Role In India’s Transition To Low Carbon Economy: DPIIT Secretary first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: Domestic paper and paperboard manufacturers have demanded a hike in import duty to 25 per cent on paper products and the imposition of a quality control order in the upcoming Budget to discourage cheap inward shipments. The Indian Paper Manufacturers Association (IPMA), in a statement on Monday, said that in its pre-budget submissions […]

The post Increase Import Duty On Paper, Paperboards To 25 Per Cent In Budget: IPMA first appeared on Latest India news, analysis and reports on IPA Newspack.

By Nantoo Banerjee India’s External Affairs Minister Subrahmanyam Jaishankar may disagree, but the country has failed to use its import trade muscle to improve its diplomatic relations with China. His recent statement on Sino-India relations at a gathering in Nagpur earlier this month that “a strife-torn border and good business can’t go together” lacks clarity […]

The post China Continues To Pose A Challenge To India’s Security And Economy first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: The country’s exports of goods and services rose marginally by 0.4 per cent to USD 765.6 billion in 2023 despite global economic uncertainties, according to the commerce ministry data. Sectors which helped keep India’s exports afloat include electronics, pharmaceuticals, cotton yarn, fabrics and made-ups; ceramic products, meat, dairy and poultry products, fruits and […]

The post India’s Goods & Services Exports Rise By .4 Per Cent first appeared on Latest India news, analysis and reports on IPA Newspack.

The private jet parking lots at airports near the city of Ayodhya are full and the shops have run out of gold-plated idols, as wealthy devotees prepare for the invite-only opening ceremony of one of Hinduism’s holiest temples. Prime Minister Narendra Modi and Asia’s richest man Mukesh Ambani are among the 8,000 or so attendees […]

The post Devotees splurge on jets, gold-plated idols for temple opening first appeared on Latest India news, analysis and reports on IPA Newspack.

SINGAPORE – Media OutReach Newswire – 18 January 2024 – BingX, a forward-thinking cryptocurrency exchange known for its commitment to embracing innovative digital assets, is excited to announce the listing of Manta Network Coin. This strategic move aligns with BingX’s vision of staying ahead in the cryptocurrency market by offering access to popular and trending coins, thereby enabling investors to diversify their portfolios with cutting-edge technologies. Manta […]

HONG KONG SAR – Media OutReach Newswire – 18 January 2024 – In its latest Innovation Mixer to the West Coast of the US, Hong Kong Science and Technology Parks Corporation (HKSTP) organised a dinner reception which attracted around 150 tech professionals from leading enterprises, universities and venture capital firms including Google, Alibaba, Stanford University, UC Berkeley, JP Morgan, US Capital and East West Bank, among others. […]

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By Dr. Gyan Pathak Prime Minister Narendra Modi led government has resorted to go offensive afresh against Trade Unionism in India. Reconstitution of the Central Board of Trustees (CBT) of the retirement fund body Employees’ Provident Fund Organisation (EPFO) amply demonstrate it. Three members are given place into it from Bharatiya Mazdoor Sangh, an organization […]

The post Modi Government Goes Offensive Afresh Against Trade Unions first appeared on Latest India news, analysis and reports on IPA Newspack.

The Centre has issued a notice to Amazon, accusing the e-commerce giant of engaging in “deceptive trade practices” related to the sale of sweets under the name ‘Shri Ram Mandir Ayodhya Prasad.’ The action comes in response to a complaint lodged by the Confederation of All India Traders (CAIT), alleging that Amazon is misleading consumers […]

The post Notice to Amazon for selling Ayodhya Ram Temple ‘prasad’ first appeared on Latest India news, analysis and reports on IPA Newspack.

Arabian Post Staff Saudi Tadawul Group Holding Company (STG), a diversified capital markets group in the MENA region, has entered into a binding agreement with the shareholders of DME Holdings Limited to acquire a 32.6% stake in Dubai Mercantile Exchange (DME). As a result, Saudi Tadawul Group will become the joint largest shareholder in DME Holdings Limited alongside CME Group, with other shareholders including the Oman Investment […]

The International Energy Agency (IEA) on Thursday made a further upward revision to its 2024 oil demand growth forecast, though its projection remains dramatically lower than producer group OPEC’s expectations. The Paris-based agency’s forecast, its third consecutive upward revision in as many months, predicts that global oil consumption will rise by 1.24 million barrels per […]

The post IEA Raises 2024 Oil Demand Forecast Again, This Time By 180,000 bpd first appeared on Latest India news, analysis and reports on IPA Newspack.

The commerce ministry has started work on an online platform that will facilitate aspiring exporters through guidance and hand- holding in all aspects of trade and it will be made operational in the next three months, Director General of Foreign Trade Santosh Kumar Sarangi said on Thursday. The Trade Connect e-Platform will provide tutorials on […]

The post E-Platform For Exporters In 2-3 Months: DGFT first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: India, in the 13th ministerial conference (MC13) of the World Trade Organisation (WTO) in February, will push for fast-tracking its demand for a solution on public stockholding for food grains, over negotiations on other agriculture-related issues. “The public stockpiling of food grain is the longest-pending issue. Promise was made by the members in […]

The post India To Push For Public Stockholding Of Food Grains At WTO MC13 first appeared on Latest India news, analysis and reports on IPA Newspack.

“Employee listening”, “Sustainability” and “Talent Acquisition” topics saw biggest improvements 12 Asia Pacific countries and territories have been certified in the past 10 years SINGAPORE – Media OutReach Newswire – 19 January 2024 – DHL Express, the world’s leading international express service provider, has earned the Top Employer certification once again for Asia Pacific. This year, seven countries were also named Top Employer, including India, Japan, Malaysia, […]

A Gastronomic Symphony Orchestrated by JFOODO in Joint with 16 Handpicked Restaurants in Singapore, Unveiling an Unparalleled Wine and Culinary Extravaganza SINGAPORE – Media OutReach Newswire – 19 January 2024 – The Japan Food Product Overseas Promotion Center (“JFOODO”), in collaboration with 16 renowned restaurants throughout Singapore, is thrilled to announce the return of the highly anticipated “Seafood Loves Sake. 2024” gourmet festival (the “Campaign”) for its […]

Sivananthan Sukumaran (Siva), previously Managing Director of DHL Supply Chain Indonesia, appointed as Head of Operations for the Southeast Asia cluster, effective January 1, 2024 Matthias Gehrsitz will assume the position of DHL Supply Chain Indonesia’s Managing Director, effective January 1, 2024 Louis Liao appointed as Managing Director of DHL Supply Chain Taiwan, effective January 2, 2024 SINGAPORE – Media OutReach Newswire – 19 January 2024 – […]

CHENNAI: Tamil Nadu on Tuesday got recognized as the ‘Best Performer in the States’ at the fourth edition of Startup India Ranking 2022 conducted by the Department for Promotion of Industry and Internal Trade, Union Ministry of Commerce and Industry. Tamil Nadu received the maximum score of 100 percent in three out of seven reform […]

The post Tamil Nadu ‘Best Performer in States’ Startup Ranking 2022 first appeared on Latest India news, analysis and reports on IPA Newspack.

MUMBAI: A precipitous decline in shares of HDFC Bank, the most heavyweight component of the Nifty and the Sensex, on Wednesday, triggered the worst day for the domestic markets in nearly a year and a half. The Sensex closed at 71,501, shedding 1,628 points or 2.2 per cent, marking the most significant decline since June […]

The post HDFC Bank Slide Triggers Worst Day For Market In Last 18 Months first appeared on Latest India news, analysis and reports on IPA Newspack.

The limited-edition 2024 Lunar New Year Collection tells a story of momentum and energy HONG KONG SAR – Media OutReach Newswire – 18 January 2024 – TUMI, the leading travel and lifestyle brand, is thrilled to announce a limited-edition collection created in collaboration with Weber Zhang. Zhang is an acclaimed and award-winning artist from Shanghai whose works have been featured in blockbuster movies, numerous international exhibitions and […]

Revolutionizing GameFi: The Dynasties Ecosystem Sets a New Standard in Gaming Istanbul – January 17, 2024 — Introducing the groundbreaking Dynasties Ecosystem, a revolutionary force in the realm of GameFi that promises to reshape the landscape of gaming as we know it. Born from the synergy of Unreal Engine 5’s cutting-edge capabilities and the extensive expertise of a team responsible for 21 diverse games, Dynasties Ecosystem stands […]

NEW DELHI: The Centre will impose a 50 per cent export duty on molasses from January 18 to ensure adequate domestic quantities for ethanol blending and keep inflation in check.  At present molasses attract zero export duty. Traders said the government has also decided to keep the current import duties on edible oils (crude and […]

The post Govt Imposes 50% Export Duty On Molasses; Extends Lower Duty On Edible Oils first appeared on Latest India news, analysis and reports on IPA Newspack.

Fitch has affirmed India’s sovereign rating at ‘BBB-’ with a stable outlook citing a robust medium-term growth outlook and sound external finances. The agency, however, flagged the country’s weak public finances as the “largest constraint” to the rating. The rating agency revised its growth projection for FY24 to 6.9% from the 6% forecast earlier. Fitch […]

The post Fitch Affirms India Rating At ‘BBB-’ With Stable Outlook first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: The Centre, state governments and industry representatives will meet on January 16 to discuss ways to boost the country’s exports, an official said. Issues which are expected to figure in the meeting include rupee payment challenges, need of global shipping, and challenges being faced by traders on account of the Red Sea crisis, […]

The post Centre, State, Exporters To Discuss Ways To Boost Exports first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: India’s trade deficit in December narrowed to a three-month low of $19.8 billion amid an import slowdown due to falling commodity prices. Merchandise exports during the month grew 0.97 per cent over a year earlier to $38.45 billion, contrary to the trend of a slowdown so far this financial year, showed data released […]

The post Trade Deficit Falls To Three-Month Low Of $19.8 Billion In December first appeared on Latest India news, analysis and reports on IPA Newspack.

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