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MUMBAI: The attrition at private banks has been high in recent years as the workload of employees has increased. Additionally, intense competition from fintechs and new-age lenders has also led to poaching of employees, said experts. At a recent public event, Reserve Bank of India (RBI) Governor Shaktikanta Das noted that the attrition at private […]

The post High Attrition Keeps Private Banks On Their Toes first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: In a departure from convention, the Union Cabinet late on Tuesday approved the terms of reference for the Sixteenth Finance Commission (SFC) without revealing the names of its chairman and members. Announcing the decision on Wednesday in a press briefing, Information and Broadcasting Minister Anurag Singh Thakur said the chairman and members will […]

The post Cabinet Approves ‘Terms Of Reference’ For 16th Finance Commission first appeared on Latest India news, analysis and reports on IPA Newspack.

MUMBAI: The Insurance Regulatory and Development Authority of India (Irdai) has increased scrutiny on the ultimate beneficiaries in the transfer of shares within the insurance broking sector. This increased diligence has led to an extension in the approval timelines, with the three-four month period stretching (on average) to beyond nine months. The sale of Aditya […]

The post IRDAI Ups Scrutiny Of Broking Deals, Approvals Take Longer first appeared on Latest India news, analysis and reports on IPA Newspack.

Even as deliberations are on to finalise the appointment of Congress legislators and workers to key positions in various state-run boards and corporations, there seem to some differences among leaders over the process, with Home Minister G Parameshwara openly saying he was not consulted. Chief Minister Siddaramaiah, however, tried to clarify, saying that no leader […]

The post Karnataka minister alleges being ignored in key decisions first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: Taiwan’s Hon Hai Precision Industry Co, which is a contract manufacturer for iPhones, on Monday said its subsidiary Foxconn Hon Hai Technology India Mega Development, has planned $1.6 billion investment in India. The planned outlay by the company is related to certain construction projects at its own land, according to an exchange filing […]

The post iPhone Maker Foxconn Plans $1.6 Billion Investment In India first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: The Insolvency & Bankruptcy Board of India (IBBI) is expected to finalise crucial amendments to regulations – from those seeking to make life simpler for home buyers to those for personal and companies’ insolvency proceedings, insolvency professionals and liquidation – next month as it seeks to improve the seven-year-old regime and improve its […]

The post Key IBBI Tweaks May Be Finalised In December first appeared on Latest India news, analysis and reports on IPA Newspack.

By K Raveendran Irrespective of the outcome of the batch of petitions in the Supreme Court against the SEBI investigations into the charges levelled by US-based short-selling firm Hindenburg Research against the Adani group of companies regarding violations of stock market regulation, it is most likely that short selling would emerge as the villain of […]

The post Pleas Against SEBI’s Adani Probe: Greater Focus On Investor Loss Than Market Efficiency first appeared on Latest India news, analysis and reports on IPA Newspack.

By Harihar Swarup As Telangana goes to polls, on November 30, the ruling Bharat Rashtra Samithi took inspiration from Team India’s performance at the just concluded the ODI World Cup. Hoping to emulate the cricket team, the party launched a campaign asserting that, just as India will lift its third trophy, the party will also […]

The post Telangana Chief Minister K Chandrasekhar Rao Has A Formidable Team For Assembly Poll first appeared on Latest India news, analysis and reports on IPA Newspack.

Amid the reported outbreak of H9N2 cases and clusters of respiratory illness in children in northern China, Ram Manohar Lohia Hospital Director Dr Ajay Shukla advised people to be careful, follow routine practices of cleanness and if there’s someone who has got this respiratory illness or infection they should try to maintain distance from other […]

The post Indian vigil over spread of mystery disease across China first appeared on Latest India news, analysis and reports on IPA Newspack.

By Girish Linganna After being sworn in as the new president of the Maldives, Mohamed Muizzu, 45, has formally asked India to withdraw its military personnel from the Indian Ocean archipelago. This request was made during a meeting between Muizzu and India’s Minister for Earth Sciences, Kiren Rijiju, who was present at Muizzu’s swearing-in ceremony […]

The post India Need To Move With Caution In Dealing With The Muizzu Govt In Maldives first appeared on Latest India news, analysis and reports on IPA Newspack.

e row As the Winter Session of Parliament inches closer, all eyes are on the future of Mahua Moitra. The ethics committee report recommending Moitra’s disqualification as MP and further investigation into allegations of compromising national security by sharing her Parliament account log-in has been shared with the Speaker. Sources say the Speaker is unlikely […]

The post More trouble ahead for Mahua seen likely first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: Net contribution of India’s foreign trade to its Gross Domestic Product (GDP) may have been positive in July-September FY24 quarter, despite merchandise exports shrinking in the period on a year on year basis, economists said. While in Q4F23 net exports helped boost the GDP, it dragged it down in the first quarter of […]

The post Net Exports Likely A Growth Push In Q2 Despite Drop In Goods Shipments first appeared on Latest India news, analysis and reports on IPA Newspack.