In 2023, high interest rates caused global equities to fall, depreciating emerging market currencies and slowing global growth. Military conflicts reached the highest level since the Cold War, affecting capital markets. In this article, Octa analysts take readers back to the events of 2023 and explain the underlying patterns along the way. KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 14 December 2023 – In 2023, the […]
The MP-MLA Court in Uttar Pradesh’s Sultanpur on Saturday summoned Congress leader Rahul Gandhi on January 6 in connection with a case in which he has been accused of making certain remarks against Union Home Minister Amit Shah. Earlier, the court had summoned Gandhi on December 16 in the case, but he did not appear. The […]
The post Rahul Gandhi summoned by UP court in Amit Shah case first appeared on Latest India news, analysis and reports on IPA Newspack.
NEW DELHI: India will become the world’s third largest economy by 2026 as its GDP in current dollar terms will reach USD 5 trillion in that year and further rise to USD 5.5 trillion in 2027, former Niti Aayog Vice Chairman Arvind Panagariya said on Friday. Delivering the 18th C D Deshmukh Memorial Lecture titled […]
The post India’s GDP Will Reach USD 5 Trillion In 2026: Panagariya first appeared on Latest India news, analysis and reports on IPA Newspack.
NEW DELHI: Breaking the seven-month-long deflationary streak, India’s Wholesale Price Index (WPI)-based inflation rate turned positive in November. The data released by the Ministry of Commerce and Industry on Thursday showed that the inflation in factory gate prices touched an eight-month high of 0.26 per cent in November, up from minus 0.52 per cent in […]
The post WPI Inflation At 8-Month High In November first appeared on Latest India news, analysis and reports on IPA Newspack.
By Arun Srivastava With a sankalp (pledge) at KV temple of Varanasi to get rid of the anti-people government of the BJP, the Uttar Pradesh Congress will launch its UP Jodo Yatra on December 20 from Shakumbhari Devi temple in Saharanpur and culminate at Naimisharanya (Sitapur) after covering 16 parliamentary constituencies in 10 western and […]
The post Congress Yatra In Uttar Pradesh Beginning December 20 Will Be A Big Opposition Show first appeared on Latest India news, analysis and reports on IPA Newspack.
Former BigPay, Monzo, and VP Bank execs launch Pave Bank, a new programmable bank at the intersection of traditional finance and digital assets. Having secured a banking licence, they have built the bank from the ground up catered to global businesses in the new economy. Singapore – December 14, 2023 /MarketersMEDIA/ — Pave Bank founder: (L to R) Simon Vans Colina, Salim Dhanani and Dmitry Bocharov Banks […]
In its first cabinet meeting, the Vishnu Deo Sai-led government in Chhattisgarh on Thursday approved the sanctioning of 18 lakh houses for beneficiaries in rural areas under the Pradhan Mantri Awas Yojna (PMAY), a key promise made by the BJP ahead of the assembly polls. The cabinet met here at Mantralaya in the afternoon, a […]
The post First Sao cabinet meet clears building of 18 lakh houses first appeared on Latest India news, analysis and reports on IPA Newspack.
MUMBAI: Global markets are abuzz with activity, with their spirits buoyed by the US Federal Reserve’s dovish pivot. With stock prices soaring, the 10-year US Treasury yield — a gauge of risk appetite — has dipped below 4 per cent and investors are recalibrating their expectations, anticipating more aggressive rate cuts than previously forecasted. The […]
The post Markets Soar On Dovish US Federal Reserve, Sensex Settles Atop 70,000 first appeared on Latest India news, analysis and reports on IPA Newspack.
India Inc’s appetite to spend on capital projects is high despite some concerns around elevated geopolitical tensions impacting demand in the coming months. Several top industry officials ET spoke to say the momentum for capital investments remains strong and transient pressures will not impact companies’ making long-term bets on domestic growth. As a result, the […]
The post India Inc’s Capex Cycle May Move Into Top Gear first appeared on Latest India news, analysis and reports on IPA Newspack.
Chief Justice DY Chandrachud has sought a status report from the Allahabad High Court administration after an open letter – purportedly written by a woman judge in Uttar Pradesh’s Banda alleging sexual harassment by a senior – went viral on social media. In the letter addressed to the Chief Justice, the woman judge sought permission […]
The post UP woman judge alleges sex harassment, writes to CJI first appeared on Latest India news, analysis and reports on IPA Newspack.
NEW DELHI: The Centre has asked state-run banks to focus on the capacity building of their key executives and specialised senior officials, including chief technology officers and chief revenue officers. It is keen that the top brass of public sector banks (PSBs) is geared up to handle fast-changing market dynamics and technological outgrowth, said people […]
The post Centre Turns Focus On Skills Of The Key Executives Of State-Run Banks first appeared on Latest India news, analysis and reports on IPA Newspack.
Arabian Post Staff Abu Dhabi Commercial Bank has signed an agreement to divest 80% stake in its wholly owned property management subsidiary Abu Dhabi Commercial Properties to Nine Yards Plus Holding, a real estate subsidiary of EIH Ethmar International Holding. The transaction values Abu Dhabi Commercial Properties at AED 591 million and the bank will register a gain of approximately AED 490 million subject to closing conditions […]
If you want to experience the United Arab Emirates from a different side and fully immerse yourself in the real Arab culture, then you should visit the Emirate of Sharjah. Sharjah is an emirate of the UAE, which is the complete opposite of Dubai. It is not intended for entertaining tourist trips, but by coming here, you can learn about Arab culture and get to know it […]
The recent meeting of the Bank of Japan (BOJ) has cast a spotlight on the complex economic dynamics facing the country. In an unusual turn of events, Japan finds itself grappling with the challenge of managing inflation, which stood at 3.3% in October. However, despite the central bank’s apparent delight in overcoming a decades-long deflationary struggle, political pressures and economic realities suggest a nuanced and potentially challenging […]
NEW DELHI: The 28th Conference of the Parties of the United Nations (UN) Framework Convention on Climate Change (COP28), hosted by oil exporter United Arab Emirates (UAE), adopted the idea of “transitioning away from fossil fuel” in the final decision text, marking the first instance of such a decision in the three decades of COP’s […]
The post COP28 Nations Agree To ‘Transition Away’ From Fossil Fuels first appeared on Latest India news, analysis and reports on IPA Newspack.
NEW DELHI: More than 33 per cent of India’s constituent units, the states and Union Territories with legislature, have projected their debt to cross 35 per cent of their respective gross state domestic product (GSDP) at the end of 2023-24. Twelve states — Arunachal Pradesh, Bihar, Goa, Himachal Pradesh, Kerala, Manipur, Meghalaya, Mizoram, Nagaland, Punjab, […]
The post Twelve Of 31 States, UTs Project Debt More Than 35% Of GSDP At FY24 End first appeared on Latest India news, analysis and reports on IPA Newspack.
NEW DELHI: India’s economy would grow 6.7 per cent in Financial Year 2023-24 (FY24), said Asian Development Bank (ADB) on Wednesday, raising the estimate from 6.3 per cent it made in September. The lender revised its estimate based on India’s higher-than-expected gross domestic product (GDP) growth, of 7.6 per cent, in the second quarter of […]
The post ADB Raises India FY24 Growth Forecast To 6.7%, Cites Industry Performance first appeared on Latest India news, analysis and reports on IPA Newspack.
NEW DELHI: The Centre’s dividend receipts from the Central Public Sector Enterprises (CPSEs) have crossed Rs 39,000 crore so far, which is over 90% of the target for the current financial year, boosting its non-tax receipts. The dividend receipts of Rs 39,086 crore so far in FY24 were over 11% higher than the corresponding period […]
The post Centre’s Dividends From CPSEs Cross 90% Of Annual Target first appeared on Latest India news, analysis and reports on IPA Newspack.
By Dr. Gyan Pathak The way PM Narendra Modi’s growth narrative is being boastfully brought forward is nothing but mere politics, since it tries to put the stark reality of incidents of hunger and malnutrition in the country under carpet. As per the growth narrative India is the fourth biggest economy of the world, growing […]
The post Fourth Biggest Economy Has Largest Number Of Hungry And Malnourished first appeared on Latest India news, analysis and reports on IPA Newspack.
Matein Khalid I agree with The Economist that India and Indonesia are the two shining stars of Asia and both are due for historic elections where the outcome is preordained, as capital markets metrics and fund flows I track discount in real time now. Prime Minister Modi will win the Indian general election with a decisive majority in the Lok Sabha. This is not just a prediction but […]
Tabreed, the world’s leading district cooling company, announced the successful closure of its inaugural AED 600 million Green Revolving Credit Facility (RCF) in partnership with First Abu Dhabi Bank (FAB) as the Green Coordinator, alongside Abu Dhabi Commercial Bank (ADCB), and Emirates NBD. This groundbreaking financing agreement, spanning five years, aligns seamlessly with Tabreed’s overarching sustainability strategy. The facility is designed to introduce highly efficient cooling solutions […]
Over US$ 8.5 million being spent to attract the finest international and Thai performing artists, as well as launch 50,000 eco-friendly fireworks, and 2,000 drones to capture the attention of the world BANGKOK, THAILAND – Media OutReach Newswire – 14 December 2023 – Thailand’s iconic countdown destination, ICONSIAM, is preparing for a US$ 8.5 million extravaganza to ring in the new year on the evening of 31st […]
The latest core banking platform will enable Lesha Bank to dramatically increase the speed to market of innovative Shari’a-compliant investment opportunities GENEVA, SWITZERLAND – EQS Newswire – 14 December 2023 – Temenos (SIX: TEMN) (www.Temenos.com) today announced that Lesha Bank, an investment bank based in Qatar has migrated to the latest Temenos core banking platform to enhance its wealth management and investment banking services. The move enables […]
Arabian Post Staff The members of the , have selected Saudi Arabia’s Minister of Finance Mohammed Aljadaan will be the new Chair of the International Monetary and Financial Committee (IMFC), the policy advisory body of the Board of Governors of the International Monetary Fund (IMF). The term is for three years. Aljadaan will succeed Ms. Nadia Calviño, Spain’s First Vice President and Minister for Economic Affairs and […]
