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MUMBAI: The banking sector is expected to witness rise in co-lending deals between Non-Banking Financial Companies (NBFCs) and banks after the Reserve Bank of India (RBI) Governor Shaktikanta Das asked shadow banks to reduce their over-dependence on bank funding. Smaller and mid-size NBFCs will prefer co-lending as funds sourced through banks will be cheaper than […]

The post Co-Lending Deals Between NBFCs, Banks Set To Rise After RBI Nudge first appeared on Latest India news, analysis and reports on IPA Newspack.

By Anjan Roy China’s is staring in the face of a possible financial sector crisis, with its largest privately owned non-banking financial company unable to meet its obligations. Zhongzhi financial company, having widespread exposure to China’s real estate sector, has failed to honour its obligations to its investors and defaulted. As such, the bankruptcy of […]

The post China’s Largest Private NBFC Zhongzhi Fails Leading To Crisis In Financial Sector first appeared on Latest India news, analysis and reports on IPA Newspack.

By Arun Srivastava As the exit polls of the four states, where the elections to the assemblies were held this month, send a distressing signal that Prime Minister Narendra Modi’s personality cult, that was painstakingly built over the last nine and half years by the RSS and its frontal organs, has failed to carry along […]

The post RSS Leaders Are A Bit Confused On Their Role In 2024 Lok Sabha Polls first appeared on Latest India news, analysis and reports on IPA Newspack.

By Girish Linganna Ever since militant group Hamas’s most audacious attack ever to be launched from Gaza blindsided Israel on October 7 this year, people have been questioning who the brains are behind masterminding this deadly strike. Notwithstanding their varied and checkered backgrounds and antecedents, they all have one thing in common: They are all […]

The post Hamas Military Command Members Are Highly Skilled Militarymen first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: S&P Global Ratings on Monday revised India’s economic growth forecast for this financial year to 6.4%, up from 6% projected earlier, bringing it closer to the Reserve Bank of India’s estimate of 6.5%. “We have revised up our projection for India’s GDP (gross domestic product) growth for fiscal 2024 (ending in March 2024) […]

The post S&P Raises India FY24 Growth Forecast To 6.4 Per Cent first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: The Telecom Regulatory Authority of India (Trai) will continue to work with Apple to break the deadlock in talks over introducing its Do Not Disturb (DND) application (app) to Apple’s iOS Store, senior officials have said. The iPhone maker removed the app from its app store in September last year over privacy concerns, […]

The post TRAI Won’t Cancel Apple Phone Registration Over DND Application Row first appeared on Latest India news, analysis and reports on IPA Newspack.

By Nantoo Banerjee The announcement of a prisoner swap deal between warring Hamas and Israel mediated by Qatar and Egypt and agreed by Israel, Hamas and the United States may have led to a temporary armistice in the region and selective exchange of captives from both the sides , the issue of a viable state […]

The post A Viable Palestinian State Under Present Conditions Looks Difficult first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: Core inflation, which excludes volatile food and energy prices, may stabilise around 4% in January with a limited scope for further decline as prices continue to be sticky in certain service sectors, according to economists. A higher core is likely to keep retail inflation from declining significantly, they say. Core inflation eased to […]

The post Core Inflation May Bottom Out Around Four Per Cent: Economists 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.

NEW DELHI: In one of the biggest moves to improve the functioning of the National Company Law Tribunal (NCLT), the government is discussing a massive expansion, which could see an addition of up to 100 members. While the current sanctioned strength is 63, typically there are always vacancies with the government often being slow in […]

The post Government Looks To Expand NCLT, May Add Up To 100 Members first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: Unlike in the last fiscal, surplus dividend by Central Public Sector Enterprises (CPSEs) may not entirely make up for an expected steep shortfall in the government’s disinvestment proceeds in FY24 from the budgeted Rs 51,000 crore, now that the strategic sale of IDBI Bank could spill over to FY25, a senior official said. […]

The post Surplus CPSE Dividend Unlikely To Offset Disinvestment Revenue Shortfall In FY24 first appeared on Latest India news, analysis and reports on IPA Newspack.

MUMBAI: A combination of factors led to a surge in the share price of state-run insurance companies on Friday, with general insurer New India Assurance’s (NIA) stock hitting the upper circuit. Life Insurance Corporation of India (LIC) surged 10 per cent. The state-run re-insurer General Insurance Corporation of India (GIC Re) stock closed 16.7 per […]

The post PSU Insurers’ Stocks Surge On Attractive Valuation, RBI’s Risk Weight Norms 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.

NEW DELHI: The government is likely to ask the next Finance Commission to consider a higher weight for the human development index (HDI) and sustainable development goals (SDGs) while recommending the distribution of resources among states. It may also ask the commission to weave in climate goals in its formula. The government is currently finalizing […]

The post New Finance Panel May Tweak Formula first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: The Indian economy is likely to post better than anticipated growth in the second quarter (July-September) owing to robust urban consumption and expansion in services, a Business Standard analysis of high-frequency indicators showed. While gross domestic product growth in the September quarter is expected to come below the 7.8 per cent print in […]

The post Urban Consumption Likely To Propel India’s GDP Growth In July-September first appeared on Latest India news, analysis and reports on IPA Newspack.

MUMBAI: Private credit may be the buzzword in the investing world, but many bulge bracket investors have remained tight-fisted as far as the Indian markets are concerned. While those like Carlyle, SoftBank and CDPQ, who were exploring an entry into the Indian private credit market, have kept away so far, existing ones such as KKR […]

The post Many Global Investors Go Slow On India Private Credit first appeared on Latest India news, analysis and reports on IPA Newspack.

Union Home Minister Amit Shah on Thursday asserted that the Congress will lose from every corner of Rajasthan and the BJP will form the next government in the state. Accusing the Congress government in the state of doing politics of appeasement, he said the public is very troubled by this. At a press conference in […]

The post Amit Shah predicts BJP govt in Rajasthan next first appeared on Latest India news, analysis and reports on IPA Newspack.

The Congress which came to power in Himachal Pradesh in 2022 by promising “Ten Guarantees” failed to implement them even after one-year of its rule, former Himachal Pradesh Chief Minister Jai Ram Thakur alleged on Thursday. He also said the BRS led by Chief Minister K Chandrasekhar Rao runs the family-led dispensation in the state […]

The post Ex-CM alleges Cong failure to honour ’10 guarantees’ in Himachal first appeared on Latest India news, analysis and reports on IPA Newspack.

MUMBAI: Hit by a dearth of big-ticket deals, India’s merger and acquisition (M&A) activities fell 6.24 times to $14.58 billion in calendar year 2023 (YTD), its lowest in the past 12 years. While geopolitical developments have played their part, the deal-making scenario continues to be restrained for the rest of the year. In comparison, the […]

The post M&A Activity Falls To $14.58 Billion In 2023, Lowest In 12 Years first appeared on Latest India news, analysis and reports on IPA Newspack.

By Arun Srivastava Trying to arouse the sub regional feeling, exploit the sensibilities of the local people towards Sachin Pilot and more than this to feast on the factional differences at the top in Rajasthan Congress, Vishwaguru Narendra Modi came up with the most nonsensical lie. A master of manipulation and half-truths, Modi claimed that […]

The post Modi Indulges In Shameful Historical Distortion For Electoral Gains first appeared on Latest India news, analysis and reports on IPA Newspack.

MUMBAI: Concentrated borrowing linkages between non-bank financiers and mainstream lenders may pose contagion risks, Reserve Bank of India (RBI) governor Shaktikanta Das said, pointing to potential sectoral fault lines a week after a concerned regulator sought to restrain the recent runaway growth in unsecured advances and safeguard the broader financial system. “NBFCs (non-banking financial companies) […]

The post RBI Governor Flags Bank-NBFC Links As ‘Contagion Risk’ first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: The growth in the country’s NBFC sector is expected to be moderately lower than 16-18 per cent in the current fiscal because of relatively slower expansion on unsecured retail loans due to the recent regulatory measures issued by the RBI, CRISIL Ratings said on Wednesday. Assets Under Management (AUM) of Non-Banking Financial Companies […]

The post NBFCs Likely To See Assets Growth Moderating To 16-18% In FY24: CRISIL first appeared on Latest India news, analysis and reports on IPA Newspack.