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US Debt Default May Be Unlikely But India Has To Be Ready With Precautions

By Anjan Roy The global financial circles are agog with speculation about the prospects of the US government defaulting on its payments. This is because the two major parties in America have so far failed to agree on raising the ceiling of US government borrowing. This is currently at $25 trillion. The Biden  government has […]

The post US Debt Default May Be Unlikely But India Has To Be Ready With Precautions first appeared on IPA Newspack.

Pawar says ED raids due to disappointment with NCP

Amid questioning of senior NCP leader Jayant Patil by the Enforcement Directorate in Mumbai, party chief Sharad Pawar on Monday hinted that the action against some leaders could be the fallout of their refusal to meet “expectations” of the ruling dispensation. Pawar said they will suffer but will never deviate from the path they have […]

The post Pawar says ED raids due to disappointment with NCP first appeared on IPA Newspack.

India’s Growing Trade Deficit And Debt Burden Are A Matter Of Concern

By Nantoo Banerjee The government and the Reserve Bank may disagree, but the way the country’s trade deficits and external debt are rising it may be a matter of time before India goes for another IMF-World Bank bail out. The current indicators on the two counts are hardly comfortable. Take the debt position first. The […]

The post India’s Growing Trade Deficit And Debt Burden Are A Matter Of Concern first appeared on IPA Newspack.

Ruling New Democracy Party Comfortably Placed To Form Govt In Greece After Elections

By Satyaki Chakraborty Greece Prime Minister Kyriakos Mitsotakis won the national elections in Greece on Sunday comfortably after his New Democracy Party secured 40.79 per cent votes with 146 seats in the new Parliament consisting of 300 seats. The PM who played a role in the economic recovery of Greece in the last two years, […]

The post Ruling New Democracy Party Comfortably Placed To Form Govt In Greece After Elections first appeared on IPA Newspack.

Hong Kong Startup SleekFlow Successfully Integrates GPT-4 to Drive Customer Interactions: SleekFlow AI Enables Businesses Achieve Customer Service Management and Sales Automation

HONG KONG SAR – Media OutReach – 17 May 2023 – The launch of ChatGPT has led to a surge in the adoption of Generative AI in business applications, with many businesses leveraging Open AI’s state-of-the-art language model to enhance their customer service, sales, and marketing strategies. SleekFlow, the SaaS omnichannel social commerce platform backed by Tiger Global, has announced the successful development of SleekFlow AI, a […]

Eddid Financial and VSFG Forge Strategic Cooperation and Investment Partnership

Together Driving the Development of Hong Kong’s Virtual Asset Market HONG KONG SAR – Media OutReach – 22 May 2023 – Eddid Financial and Venture Smart Financial Holdings Limited (“VSFG”) have forged a strategic cooperation and investment partnership, committing to marrying their best strengths and, abiding by compliance framework permits, working together to promote the sustainable development of financial services along the virtual asset value chain, and […]

Pakistan’s Political Turmoil Has Implications For Global Security

By M A Hossain Pakistan is currently in a critical juncture of political turmoil which is posing a threat to its sovereignty as well as growing concerns about global security.  Not only that, if Pakistan fails to address the crisis, then definitely it will be the beginning of the extinction of democratic values regionally. Pakistan […]

The post Pakistan’s Political Turmoil Has Implications For Global Security first appeared on IPA Newspack.

Mamata calls 2K note decision another ‘Tughlaqi drama’

Opposition leaders on Saturday attacked the government over the withdrawal of Rs 2000 currency notes from circulation with West Bengal Chief Minister Mamata Banerjee describing it as “Tughlaqi demonetisation drama” and Congress wondering if this was the second “notebandi” exercise. The BJP rejected this was any sort of demonetisation and instead reminded the Congress that […]

The post Mamata calls 2K note decision another ‘Tughlaqi drama’ first appeared on IPA Newspack.

RBI to withdraw Rs 2000 note from circulation, valid till Sept 30

The Reserve Bank of India (RBI) on Friday announced to withdraw Rs 2000 note from circulation. The notes will continue to be legal tender till September 30. To complete the exercise in a time-bound manner and to provide adequate time to the members of public, all banks shall provide deposit and/or exchange facility for Rs 2000 […]

The post RBI to withdraw Rs 2000 note from circulation, valid till Sept 30 first appeared on IPA Newspack.

Another Great Opportunity For Black Money Holders For Laundering

By K Raveendran The withdrawal of Rs 2,000 notes by the Reserve Bank of India and the brief window allowed to exchange the notes until September 30 will provide another opportunity for black money holders to launder their ill-gotten wealth just like its infamous precedent seven years ago did. In fact, the surprise RBI move […]

The post Another Great Opportunity For Black Money Holders For Laundering first appeared on IPA Newspack.

Delhi Ordinance Exposes Moral Bankruptcy Of Modi Regime

By Sushil Kutty It is so blatantly brazen you can stick it to the wall and it will hang firm. Is it a violation of the law? It definitely is a ‘middle finger’ to the Supreme Court. The top court has been told “thus far, no further”. And it has left Delhi’s AAP government up […]

The post Delhi Ordinance Exposes Moral Bankruptcy Of Modi Regime first appeared on IPA Newspack.

Secured Lending Application Selected for HKMA’s Inaugural e-HKD Pilot Programme for Retail Central Bank Digital Currency (CBDC) Assessment

The Hong Kong Monetary Authority (HKMA) has selected a secured lending application of e-HKD for the inaugural e-HKD pilot programme The proposed solution is led by Boston Consulting Group (BCG), HKT Payment Limited and ZA Bank, who will partner with paywith.glass and Venture Smart Financial Holdings Limited (VSFG) as a consortium during the pilot The e-HKD Pilot Programme is in line with HKMA’s three-rail approach, announced in […]

Saving The Public Sector Banks From Privatisation Is The Prime National Task

By C.H. Venkatachalam The 29th National Conference of All India Bank Employees Association which was held in Mumbai from May13th to 15th, 2023 concluded successfully. More than 3,000 Delegates and Observers from all over the country participated in the Conference. Notably, Delegates from all the States including from Nagaland, Manipur, Tripura, Arunachal Pradesh, Mizoram, Jammu […]

The post Saving The Public Sector Banks From Privatisation Is The Prime National Task first appeared on IPA Newspack.

Living with bubbles

By Matein Khalid Bubbles are a recurrent phenomenon in financial markets, from Dutch Tulips in Rembrandt’s Amsterdam to Kuwait’s Souk al Manak, Japan’s Nikkei Dow to the dotcom debacle in 2000, the credit bubble in 2007 to the crypto SPAC roller coaster in 2021 and now the global hype over artificial intelligence (AI). Is there a bubble in AI stocks even though some have been blowout winners […]

Telefield Medical Imaging Completed the Pre-A Round Financing Totalling Nearly 40 Million HK Dollars to Drive China’s Original Technological Innovations for Medical Imaging

HONG KONG SAR – Media OutReach – 19 May 2023 – Telefield Medical Imaging (TMI) Limited is the world’s leading provider of AI 3D ultrasound imaging technology, equipment and solutions. It offers a pioneering radiation-free 3D ultrasonic scoliosis assessment system called Scolioscan, which provides novel solutions for safe and efficient scoliosis assessment. The company has gained recognition and support from many well-known investment institutions and completed the […]

India Is Still Having The Largest Number Of Poor In Any Country Of The World

By Krishna Jha There is a chink opening up in the claim that India has been ushered in the group of five most developed nations in the world. With consistent fall in the GDP, even an indication towards upward move gets clapping, a myth that is carried forward since last almost a decade. It is […]

The post India Is Still Having The Largest Number Of Poor In Any Country Of The World first appeared on IPA Newspack.

US Banking System Faultlines And High Debts Give Lifeline To Bitcoin

By Arun Kumar Shrivastav Hedge fund manager and macroeconomic expert Hugh Hendry has raised concerns about the US banking system and the American economy as a whole. In a recent interview with Bloomberg Markets, Hendry warned that mass panic and capital flight from the US banking sector are justified given the decline in the M2 […]

The post US Banking System Faultlines And High Debts Give Lifeline To Bitcoin first appeared on IPA Newspack.

By Seeking Change In Indus Waters Treaty, India Puts Pakistan Under Strain

By Girish Linganna On January 25, India issued notice to Pakistan, demanding changes to the Indus Waters Treaty which was signed by India, Pakistan, and the World Bank in 1960. The treaty determines the allocation of rights to the waters of several rivers in the Indus Basin between the two countries. While the treaty is […]

The post By Seeking Change In Indus Waters Treaty, India Puts Pakistan Under Strain first appeared on IPA Newspack.

PM Narendra Modi’s Ever Changing Narratives Lose Their Shine

By Dr. Gyan Pathak Prime Minister Narendra Modi has always been shifting the goalposts before, during, and after elections. He has been aggressively inventing, creating and using his narratives to his own political benefit while keeping Hindutva as a constant factor to benefit from the entire RSS family’s activities in the country. His strategy has […]

The post PM Narendra Modi’s Ever Changing Narratives Lose Their Shine first appeared on IPA Newspack.

RGE, the first foreign enterprise in China to secure a sustainability-linked syndicated loan

The RMB 1 billion SLL also represents the first in the Chinese pulp and paper industry SINGAPORE – Media OutReach – 18 May 2023 – Royal Golden Eagle (“RGE”), a global group of resource-based manufacturing companies, has announced that its member company Asia Symbol (Shandong) Pulp and Paper Co., Ltd. (“Asia Symbol“) – a world leading producer of pulp and paper – has signed a first-of-its-kind sustainability-linked […]

RSS Muslim affiliate to launch drive to woo community

RSS-linked Muslim Rashtriya Manch (MRM) will launch a nationwide campaign to reach out to the minority community with the theme of “one nation, one flag, one national anthem”, ahead of the 2024 Lok Sabha elections, the organisation said on Wednesday. MRM volunteers will spread the message of “true Muslim, good citizen” among members of the […]

The post RSS Muslim affiliate to launch drive to woo community first appeared on IPA Newspack.

World Bank projects strong UAE growth

Arabian Post Staff The World Bank has projected that the UAE non-oil sector will achieve strong growth of 4.8 percent in 2023, driven by robust domestic demand, particularly in tourism, real estate, construction, transportation, and manufacturing sectors. The bank also said GDP will grow by 2.8 percent. In a press conference held in Dubai to announce the new World Bank Gulf Economic Update (GEU) titled, “The Health […]

Hunter Biden works in favour of Islamist party in Bangladesh

Salah Uddin Shoaib Choudhury US President Joe Biden’s scandalous son Hunter Biden, who has earlier met with State Department official on behalf Gabriel Popoviciu, a corrupt Romanian real estate tycoon in exchange for US$1 million when Joe Biden was vice president in 2016, has been now working for Bangladesh Nationalist Party (BNP), a hardcore Islamist political party in Bangladesh and been vigorously pushing several agendas set by BNP. […]

Impending US debt default?

Dr. Imran Khalid As US President Joe Biden prepares to reengage in negotiations with House Speaker Kevin McCarthy and other influential Republicans on the critical issue of the debt ceiling to find common ground amidst a landscape riddled with challenges, constitutional experts warn of the potential ramifications should the they fail to forge an agreement on this matter. The stakes are high. Inaction or an impasse in […]