Anjan Roy

By Anjan Roy Reserve Bank of India has done a delicate pirouette in formulating its monetary policy in the context of extreme volatility and uncertain turn of events. All that RBI has done on Wednesday is to raise the policy interest rate —called the repo rate— by half a percentage point.  This rate hike comes […]

The post Rise In Interest Rate By RBI Again Is A Part Of Its Plan To Deal With Global Headwinds first appeared on IPA Newspack.

By Anjan Roy To talk of coincidence, ‘Geetanjali’ has got lucky for a second time in a hundred and ten years. In the first time, Rabindranath Tagore’s book of poetry, Geetanjali, won him a Nobel Prize in literature. Now, a century and more later, another Geetanjali, the Hindi writer of stories, is awarded the hugely […]

The post Geetanjali Shree’s ‘Tomb Of Sand’ Wins International Booker Prize first appeared on IPA Newspack.

By Anjan Roy The Economist newspaper of London, highly respected worldwide for its expertise and views on the global economy and issues, has predicted India to lead the economic recovery process as the fastest growing major economy. The paper refers to the India growth story in comparable terms to the remarkable rise of American economy […]

The post The Economist Of London Goes Gaga With Indian Growth Story first appeared on IPA Newspack.

By Anjan Roy Two days ago Russian President, Vladimir Putin, had warned the west of “unpredictable consequences” in case of continuing weapons supplies to Ukraine. What appears to be more and more unpredictable is the course of the war and its consequences. Russians are perhaps becoming impatient with Putin’s Ukraine war and voices are speaking […]

The post Russia’s Ukraine War Now Set To Be On A Long Term Course With High Tech Weapons first appeared on IPA Newspack.

By Anjan Roy The spring meeting of the World Bank and the International Monetary Fund in Washington has always remained a high point for those involved in the management of financial sector and public finance. For countries in a tight corner, the meeting is a lifeline.   This year’s Fund-Bank meet, just about started this […]

The post Fund-Bank Meet Crucial To Tackle Evolving Global Financial Risk first appeared on IPA Newspack.

By Anjan Roy The sinking of the flagship of Russia’s Black Sea flotilla MOSKVA is a significant turning point in the Ukraine war and also a lesson for military planners across the world. Russia does not yield the point that Ukrainian missiles would have downed the ship and maintains that an accidental fire on board […]

The post Sinking Of Russian Ship Moskva Is A Dangerous Turning Point In Ukraine War first appeared on IPA Newspack.

By Anjan Roy While a new prime minister has been elected by a rainbow coalition of opposition parties in Pakistan, it does not bode well for political stability in the country. Shehbaz Sharif, younger brother of former Pakistan prime minister, Nawaz Sharief, is an experienced political hand. But he would be hobbled by the same […]

The post Dealing With Debt Crisis Is The Foremost Task Of New Pakistan Government first appeared on IPA Newspack.

By Anjan Roy The Reserve Bank of India sees the prospects of higher inflation in the current year against the background of a volatile global economic situation. The RBI believes India will experience an inflation rate of close to 6% against 4.5% during the current fiscal year. RBI governor, Shakikanta Das, gave an assessment of […]

The post RBI Is Taking Higher Inflationary Pressures On Indian Economy Seriously first appeared on IPA Newspack.

By Anjan Roy The clawing back to the exchange rate of the Russian rouble to the US dollar in the recent  days is not too much of a mystery. It is simply because there is no demand for the US green back from the holders of the Russian rouble. Simply speaking, the Russians are not […]

The post The Mystery Behind Russian Rouble Reverting Back To Pre-Ukraine War Level first appeared on IPA Newspack.

By Anjan Roy The Reserve Bank governor, Shaktikanta Das, has reiterated that the primary objective of the monetary would continue to be price stability. In an environment of unprecedented uncertainty and flux, maintaining stable price line could be a daunting task. All principal variables which would critically determine the curse of prices in the economy […]

The post Ensuring Price Stability In Economy Must Be RBI’s Prime Focus first appeared on IPA Newspack.

By Anjan Roy Years from now, when the present will become history, generations will wonder how the world could have survived, if so lucky, with such hyper nationalists like Putin  in power. Russia’s Ukraine war is no longer a limited affair now. The distant thunder from the fringes of Eastern Europe is reverberating across the […]

The post Double Debacle Could Undo All Rational Calculations Made Before first appeared on IPA Newspack.

By Anjan Roy I never tire of recalling what Joseph Schumpeter, one of the greatest economists and scholars, wrote in his monumental tome: The nearer we are to an epoch the less we understand. Our own we understand the least. It is too early to make an assessment of Russia’s Ukraine war and its implications […]

The post Russia’s Financial System Takes Big Hits On Eighth Day Of Ukraine War first appeared on IPA Newspack.

By Anjan Roy As Russian military moves into Ukraine, our familiar world vanishes. The world order returns to the point when Winston Churchill had said “an iron curtain” was falling across Europe. The single step of a Russian soldier in Ukraine brings back the Cold War dispensation in international affairs. To be sure, the Russian […]

The post Putin’s War Is Not Just Against Ukraine, He Has Thrown A Challenge To West first appeared on IPA Newspack.

BENGALURU: Top Indian information-technology (IT) services companies are betting on large and mega deals, which enable them to sharpen their focus on clients, leading to higher revenue, faster growth, and more cost savings in the long term. Typically, IT companies consider deals at or above $100 million as large ones while those at or above […]

The post IT Services Companies Chase Large Deals For Higher Revenue, Faster Growth first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: The Jnanpith Award Selection Committee announced the 58th Jnanpith Award for the year 2023. This year it has been decided to award two eminent writers: Jagatguru Shri Rambhadracharya for Sanskrit and famous lyricist Gulzar for Urdu respectively. The decision was taken in a meeting of the selection committee chaired by Jnanpith awardee, noted […]

The post Jagadguru Rambhadracharya & Lyricist Gulzar To Get 58th Jnanpith Award first appeared on Latest India news, analysis and reports on IPA Newspack.

Congress president Mallikarjun Kharge on Friday said anyone having faith in Lord Ram can visit the Ayodhya temple any day and added the BJP was attacking his party over the decision to decline the invite to the January 22 consecration ceremony as part of “a conspiracy”. The Congress has never hurt any religion or guru, […]

The post Kharge says faithful can visit Ayodhya any day first appeared on Latest India news, analysis and reports on IPA Newspack.

Backed by government spending on infrastructure, building, and construction, domestic steel demand is expected to remain strong in 2024. Realisations in the domestic market are expected to remain strong, even though imports could remain elevated. Eports will remain stretched across key markets, beyond Europe, in view of the global slowdown in demand. Market sources peg […]

The post Strong Domestic Steel Demand Expected In 2024 first appeared on Latest India news, analysis and reports on IPA Newspack.

By Sushil Kutty Parliament attack ‘mastermind’ Lalit Mohan Jha is in police custody. Four of his underlings – if he is ‘mastermind’, indeed – have been charged with terrorism under various sections of the UAPA, supposedly one of the toughest anti-terror legislations anywhere in the world. Does that mean, Neelam Devi, Sagar Sharma, Manoranjan D., […]

The post The Curious Case Of ‘Hindu Terrorists’ Involved In Breach Of Parliament’s Security first appeared on Latest India news, analysis and reports on IPA Newspack.

By K Raveendran It may not have been as high-profile as the ‘call of national duty’ press conference by the four senior most judges of the Supreme Court about six years ago. But the renewed controversy about the master of the roster, prompting two senior advocates of the apex court to write to Chief Justice […]

The post Master Of Roster Controversy: History Repeats Itself After A Gap Of Six Years first appeared on Latest India news, analysis and reports on IPA Newspack.

By Arun Srivastava Prime Minister Narendra Modi grows more desperate and aggressive by the day as he feels the perception of power slipping away from his vice-like grip. For Modi, retaining power and continuing to occupy the office of the prime minister has acquired such an obsessive dimension that instead of facing his opponents politically, […]

The post Modi-Shah Trying Hard To Silence Tejashvi, Make Him Speak Against Nitish first appeared on Latest India news, analysis and reports on IPA Newspack.

By K Raveendran Confidentiality versus anonymity is a central issue in the consideration of the petitions against the electoral bond scheme as it exists today and may well have a bearing on the verdict by the five-member constitution bench under Chief Justice D Y Chandrachud, which has reserved the judgement. The petitioners, who include the […]

The post Electoral Bond Verdict May Ultimately Hinge On Confidentiality Versus Anonymity Debate first appeared on Latest India news, analysis and reports on IPA Newspack.

By Tirthankar Mitra Come late September and October, kash flowers are in bloom in parts of Maidan in Kolkata together with a few more spots in the city yet to be invaded by concrete jungle heralding the arrival of the biggest festival of West Bengal – Durga Puja. Yet the fact remains preparations for the […]

The post Trinamool Congress Is Getting Maximum Political Mileage From Puja Festival In Bengal first appeared on Latest India news, analysis and reports on IPA Newspack.

The Opposition, specially the Congress, is watching the developments in the NDA camp very closely as the BJP looks to find new alliances. The Congress, which hosts the Opposition meeting in Bengaluru next week, will ensure that its old friends and new potential allies remain together. There are two important developments to substantiate this. One, […]

The post Cong softening towards AAP, but ties with TMC turn knotty first appeared on IPA Newspack.

By Tirthankar Mitra Declaration of the schedule of 2023 panchayat election has come during the Jan Jowar Yatra of Trinamool Congress leader Abhishek Banerjee which apparently gives TMC a leg up in West Bengal rural polls scheduled to be held on 8 July. The polling date can be rescheduled to July 14 if Calcutta High […]

The post Trinamool Congress Is Advantageously Placed To Face Rural Polls This Month first appeared on IPA Newspack.

By Sagarneel Sinha Despite a few stray incidents, the bypolls for the four assembly seats in the northeastern state of Tripura have seen a voter turnout of more than 78%. The four seats where bypolls were held are — Agartala, Town Bardowali, Jubarajnagar and Surma (SC). The assembly elections in the northeastern state of Tripura […]

The post Results Of Four Bypolls In Tripura Will Impact The 2023 Assembly Elections first appeared on IPA Newspack.