Arabian Post Staff Fortune 500 Arabia, the list that ranks the 500 largest corporations in the Arab region according to their annual revenues, reveals that the UAE is home to the headquarters of 87 Fortune 500 Arabia companies, marking approximately 17% of the list, generating a total of USD 254.87 billion in 2022. This ranks the UAE second after Saudi Arabia, whose 153 companies generated USD 813.33 […]
MUMBAI: Commercial banks are likely to get stiff competition from mutual funds because savers, who are growing in financial literacy, are opting for the latter, said veteran banker K V Kamath on Monday at the Business Standard BFSI Insight Summit. Several speakers on the first day of the summit sounded confident about steady economic recovery […]
The post Savers Are Slowly Understanding Mutual Funds, Says K V Kamath first appeared on Latest India news, analysis and reports on IPA Newspack.
MUMBAI: The answer to the Reserve Bank of India’s (RBI) question why its rate actions are not completely transmitted through the economy may lie in the shrinking trade volumes in the very segment the central bank targets through its monetary policy — the overnight call money market. The value of trades in the interbank call […]
The post Fall In Call Money Trades May Limit RBI Rate Move Impact first appeared on Latest India news, analysis and reports on IPA Newspack.
KUALA LUMPUR, MALAYSIA – Media OutReach – 31 October 2023 – Octa analyses the likelihood of the BNM keeping the Overnight Policy Rate (OPR) unchanged at 3% at the upcoming Monetary Policy Committee (MPC) meeting on 1 – 2 November. Learn about the potential impact on the Malaysian ringgit. Key Takeaways Headline inflation in Malaysia declined to 1.9% in September. The Overnight Policy Rate (OPR) is unlikely […]
NEW DELHI: India is estimated to be a $30 trillion developed economy by 2047, preliminary results from the Centre’s vision document which is being prepared have shown, Niti Aayog CEO BVR Subrahmanyam said on Sunday. The Vision India@2047 document is likely to be released by PM Modi in the next three months. The estimates will […]
The post India To Become $30-Trillion Economy By 2047: NITI Draft Vision Document first appeared on Latest India news, analysis and reports on IPA Newspack.
NEW DELHI: India has proposed that the World Trade Organisation (WTO) clearly define what constitutes goods and services in relation to cross-border electronic transmissions such as content streaming. The suggestion, made by senior Indian officials at a meeting of WTO member countries in Geneva last week, is aimed reaching a multilateral agreement to put import […]
The post India Seeks To Tax Goods Part Of Cross-Border Digital Trade first appeared on Latest India news, analysis and reports on IPA Newspack.
MUMBAI: The K-factor, visible in many sectors of the economy, is at play in the housing space as well. Housing sales were at six-year high in the September quarter, however, the sale of affordable housing units declined 10%, as buyers in the segment continued to be troubled by the high interest rates. Sale of units […]
The post K-Factor In Full Play In Housing Segment first appeared on Latest India news, analysis and reports on IPA Newspack.
By James M Dorsey It took 11 days and the death of 256 Palestinians for US President Joe Biden’s preference for a bear hug rather than a sledgehammer approach to get Israel to halt the Gaza bombing in 2021. Even then, Biden needed to be blunt and go public to get what he wanted. After […]
The post President Biden’s Bear Hug Of Israel’s Netanyahu Is A Double-Edged Sword first appeared on Latest India news, analysis and reports on IPA Newspack.
By Girish Linganna Intelligence shared with the United States indicates that a group of Hamas operatives, over a span of two years, used a network of hardwired phones integrated into the tunnel system beneath Gaza to plan the unexpected and deadly attack on Israel, two reliable sources have revealed. This sheds light on why Israel […]
The post How Hamas’ Militants Successfully Hoodwinked Israelis By Using Hardwired Phones? first appeared on Latest India news, analysis and reports on IPA Newspack.
Matein Khalid The Treasury bond bloodbath is no longer about Fed policy, inflation mojo or the business cycle. It is impossible for the Powell Fed to meet its dual mandate 2% inflation target with even a 6.5% Fed funds rate as 3Q GDP was a shocking 4.9%. We are doomed to relive the stagflation nightmare of the 1970’s when the Fed consistently mismanaged its inflation fight while […]
Darshan Hiranandani, the CEO of the real estate and infrastructure company Hiranandani Group, reportedly gifted Mahua Moitra “only a scarf, some lipsticks and makeup items”, and not a list of expensive presents as claimed by advocate Jai Anant Dehadrai and BJP MP Nishikant Dubey. But Darshan’s car does “pick and drop” the Trinamool Lok Sabha […]
The post Mahua denies receiving expensive gifts from Hiranandani first appeared on Latest India news, analysis and reports on IPA Newspack.
MUMBAI: JPMorgan has upgraded the domestic markets to ‘overweight’ (OW) from ‘neutral’ on the “positive historical seasonality to general elections.” The investment bank joins US-based peer Morgan Stanley to flag preference for the Indian markets, which has been the leading performer in the emerging market (EM) pack since 2021. JPMorgan sees cyclical and structural tailwinds […]
The post JP Morgan Upgrades India To ‘Overweight’ From ‘Neutral’ Ahead Of Elections first appeared on Latest India news, analysis and reports on IPA Newspack.
NEW DELHI: India and the United Kingdom on Saturday reviewed the progress of negotiations of the proposed free trade agreement (FTA), talks for which have reached the final stage. The progress was reviewed by Commerce and Industry Minister Piyush Goyal and UK Secretary of State for Business and Trade Kemi Badenoch in Osaka, Japan. Both […]
The post India, UK Trade Ministers Review Progress Of Talks On Proposed FTA first appeared on Latest India news, analysis and reports on IPA Newspack.
MUMBAI: The Reserve Bank of India is likely to meet with banks next week to discuss the key issues of liquidity in the banking system and developments in sovereign debt yields, which serve as benchmarks for pricing corporate borrowing. “There are meetings scheduled on November 2 and November 3. The discussion points include the skewed […]
The post RBI To Call Out Liquidity Skew With Bankers first appeared on Latest India news, analysis and reports on IPA Newspack.
HONG KONG SAR – Media OutReach – 27 October 2023 – On October 25th, the Conflux Hong Kong office celebrated its official launch with an opening ceremony at the Hong Kong Cyberport. The ribbon cutting ceremony Conflux founder Professor Long Fan was unable to attend in-person and instead sent his blessings through a video call. The ribbon-cutting ceremony was conducted jointly by Peter Yan, CEO of Cyberport […]
Arabian Post Staff Abu Dhabi Future Energy Company Masdar has signed agreements for solar and onshore wind projects with a total capacity of 1 gigawatt (GW) in Azerbaijan, following the inauguration of the region’s largest operational solar plant, the 230MW Garadagh Solar Park. The strategic agreements cover the progression of the first phase of a 10GW pipeline of renewable energy projects in Azerbaijan signed in June 2022. […]
MUMBAI: In a move to strengthen governance in private sector banks and wholly-owned subsidiaries of foreign banks, the Reserve Bank of India (RBI) on Wednesday directed them to have at least two wholetime directors. Lenders that do not meet the requirement will have to submit the names for the RBI’s approval within four months. Banks […]
The post RBI Directs Private Banks To Have At Least Two Wholetime Directors first appeared on Latest India news, analysis and reports on IPA Newspack.
By Arun Srivastava This is not the first time that the JD(S) has entered into an alliance with the BJP. In 2006, with the tacit blessing of the senior JD(S) leader, the former prime minister H D Deve Gowda, the JD(S) had brokered an alliance and his son HD Kumaraswamy headed the alliance government. But […]
The post Future Prospect Of JD(S)-BJP Alliance In Karnataka Looks Grim first appeared on Latest India news, analysis and reports on IPA Newspack.
The California Kids Talent Connection (CKTC) is unveiling new initiatives to tackle the growing menace of scams targeting young Hollywood hopefuls. With the entertainment industry showing a significant uptick, the risk of scams preying on the inexperienced has also surged. Burbank, California, United States – October 26, 2023 /Baden Bower/ — The California Kids Talent Connection (CKTC) is unveiling new initiatives to tackle the growing menace of […]
NEW DELHI: A two-day meeting of senior officials of the World Trade Organisation (WTO) member countries which concluded in Geneva last Tuesday shaped agenda for the coming ministerial meeting of the world body, by narrowing down the differences over the key issues of agriculture, dispute settlement, e-commerce taxation, according to official sources. The direction and […]
The post Officials’ Meet Shape Agenda For Abu Dhabi WTO Ministerial first appeared on Latest India news, analysis and reports on IPA Newspack.
NEW DELHI: The finance ministry is reviewing its disinvestment schedule following the recent stock market selloff amid high volatility triggered by global factors, said people aware of the details. The ministry is likely to adopt a “prudent selloff” approach now, one official told ET, adding there won’t be “divestment for the sake of divestment anymore” […]
The post Govt Takes A Hard Look At Divestment Calendar first appeared on Latest India news, analysis and reports on IPA Newspack.
