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MUMBAI: India is seen as a rising star among Asian peers, besides Indonesia and the Philippines, and is expected to be among the fastest growing economies in the region in 2024, Nomura said on Wednesday. India’s GDP, Numura believes, will expand at 5.7% in 2024. The projection reinforces the popular view of a pause in […]

The post India Will Be Among Fastest Growing Asian Economies In 2024: Nomura first appeared on Latest India news, analysis and reports on IPA Newspack.

MUMBAI: Benchmark stock indices Sensex and Nifty settled at new peaks on Tuesday, rallying for the sixth straight session amid massive buying in power and utility sector shares. The 30-share BSE Sensex jumped 431.02 points, or 0.63 per cent, to close at a new record high of 69,296.14. The broader index Nifty also climbed 168.50 […]

The post Stock Markets Hit New Record Highs first appeared on Latest India news, analysis and reports on IPA Newspack.

By Anjan Roy One of the most powerful global credit agencies, Moody’s, has downgraded China’s economic outlook to negative from stable. This has major implications for a country in the financial markets and as a reliable destination for global investors. Immediately, this change might not affect China’s investments or borrowings. But a downward revision of […]

The post Moody’s Downgrading China’s Economic Outlook Has Big Significance first appeared on Latest India news, analysis and reports on IPA Newspack.

BENGALURU: Fair Isaac, the US-based data and analytics company better known as FICO, on Tuesday launched its cloud-based platform in India. Indian banks like HDFC Bank, Axis Bank, and AU Small Finance Bank are among the early adopters set to elevate customer satisfaction and drive innovation in the banking sector. FICO Platform brings to market […]

The post US-Based Data Analytics Firm FICO Launches Its Cloud Platform In India first appeared on Latest India news, analysis and reports on IPA Newspack.

India and the UK have begun crunch-time talks to secure a landmark free-trade deal, as leaders on both sides seek to resolve outstanding issues before they face election battles next year. A UK team — including Amanda Brooks, director general for trade negotiations, and Douglas McNeill, chief economic adviser to the prime minister — is […]

The post India, UK Seek To Wrap Up Trade Negotiations Before Busy Election Year first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: The government is learnt to have resolved to allow foreign direct investment (FDI) in inventory-based models of e-commerce, subject to the rider that these will be solely aimed at export markets. According to an official source, while the key ministries of finance and commerce & industry have come to a common position this […]

The post Export-Linked E-Tailing May Get FDI Support first appeared on Latest India news, analysis and reports on IPA Newspack.

MUMBAI: Adani Green Energy has raised $1.36 billion from eight international banks as construction facility, taking its total funding pool to $3 billion since the initial project financing started in March 2021. The company said the funds raised would be used in developing the 17GW renewable energy park at Khavda in Gujarat, with an initial […]

The post Adani Green Raises $1.36 Billion In Construction Finance From 8 Global Banks first appeared on Latest India news, analysis and reports on IPA Newspack.

Renewable energy firm ReNew Energy Global Plc has inked an initial pact with the Asian Development Bank (ADB) for a funding of USD 5.3 billion.”The MoU was signed at COP28, Dubai by ReNew’s Founder, Chairman and CEO, Sumant Sinha and Suzanne Gaboury, Director General, Private Sector Operations Department, ADB,” a company statement said.According to the […]

The post ReNew Inks Initial Pact With Asian Development Bank For USD 5.3 Billion Funding first appeared on Latest India news, analysis and reports on IPA Newspack.

By Girish Linganna Israel has conflicting goals of neutralizing Hamas and rescuing its civilians kidnapped during the October 7 storming of its territory in a surprise—and vicious—attack after they broke through the heavily guarded perimeter fence, landing by sea and using paragliders, killing about 1,200 people and taking 240 hostage. In order to achieve both […]

The post Israel And Hamas Have Different Objectives About What To Achieve During Truce first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: The government has firmed up a plan to remove the bar on personal guarantors to transfer or dispose of their assets under the insolvency resolution process, according to an official source. This is despite the Supreme Court upholding the constitutionality of the moratorium. The move by the ministry of corporate affairs (MCA) is […]

The post Quicker Action On Assets Of Personal Guarantors Soon first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: Domestic rating agency Icra on Monday said the Indian IT sector’s revenue growth will inch up to over 6 per cent in 2024-25 from 3-5 per cent estimated for the ongoing financial year. The slower growth will have an impact on the hiring plans, the agency said, adding that staff addition will continue […]

The post IT Sector Growth To Inch Up To 6 Per Cent In FY25, Hiring To Be Moderate For 3 Quarters: ICRA first appeared on Latest India news, analysis and reports on IPA Newspack.

MUMBAI: India’s corporate bond market is expected to more than double from Rs 43 trillion in Financial Year 2022-23 (FY23) to Rs 100-120 trillion by FY 2030, said a report by CRISIL Ratings on Monday. The market is expected to expand at a compound annual growth rate (CAGR) of 9 per cent over the years. […]

The post Corporate Bond Market Set To Double By FY2030 At Rs 100 Trillion: Report first appeared on Latest India news, analysis and reports on IPA Newspack.

MUMBAI: The RBI is expected to announce a continuation of its pause on interest rates after the bi-monthly review meeting of the monetary policy committee (MPC) scheduled for December 8. Analysts predict a fifth consecutive pause by the MPC because of stronger-than-expected economic growth numbers. RBI will likely maintain a cautious stance, accompanied by hawkish […]

The post RBI Likely To Stay With Interest Rate Pause first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: The combined market valuation of nine of the top-10 most valued firms climbed Rs 1,30,391.96 crore last week, with Bharti Airtel and Tata Consultancy Services (TCS) emerging as the biggest gainers, amid an overall optimistic trend in equities. Last week, the BSE benchmark jumped 1,511.15 points or 2.29 per cent. Barring Reliance Industries, […]

The post MCap Of Nine Of Top-10 Most Valued Firms Up Rs 1.30 Lakh Crore; Airtel, TCS Biggest Gainers first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: More than seven years after the launch of pan-India digital wholesale agri-marketing platform or electronic National Agriculture Market (e-NAM), purchase from farmgate trade has finally taken off across several states. Farmers are selling commodities on the platform without physically transporting it to the mandis. Using farm-gate module, farmers in 11 states including Andhra […]

The post Inter-Mandi eNAM Trade Up 188 Per Cent In April-November On Low Base first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: As the world celebrated International Day of Persons with Disabilities (PwD) on December 3, corporate India has kept up with efforts to make workplaces more inclusive and accessible. Organisations across sectors are taking initiatives such as equipping offices with practical work tools like Braille-friendly and voice-enabled lifts and screen readers. While inclusion has […]

The post India Inc Making Workplace More Inclusive For Persons With Disabilities first appeared on Latest India news, analysis and reports on IPA Newspack.

By Nantoo Banerjee In his recent Mann Ki Baat radio broadcast, Prime Minister Narendra Modi said he was troubled by the trend of some “big families” conducting weddings abroad, and urged people to hold such celebrations on Indian soil so that the country’s money does not leave its shores. “The wedding season as well has […]

The post India Needs A Strong Resolution To Protect Its Currency first appeared on Latest India news, analysis and reports on IPA Newspack.