News related to
Bank

Prime Minister Narendra Modi on Monday blamed the previous Congress governments for meting out “step-motherly” treatment to villages in the country after Independence and breaking their trust. Addressing a public event in Rewa on the occasion of the National Panchayati Raj Day, Modi said the Bharatiya Janata Party (BJP)-led government has changed the situation and […]

The post Modi blames Cong for ‘step-motherly’ treatment to villages first appeared on IPA Newspack.

OxPay is expected to benefit from lower processing cost through CIMB Bank’s collaboration with Visa and Mastercard With his agreement, Oxpay will become the first digital payment gateway company to collaborate with CIMB Bank in an effort to enhance digital payment solutions for merchants in Southeast Asia The partnership will enhance CIMB Bank’s merchant services for card transactions through the Card Networks and bolster OxPay’s presence in […]

Industry veteran Bernard Chai is CEO of new financial advisory firm which offers life insurance, general insurance and wealth management solutions Dennis Tan, CEO of Prudential Singapore (2nd from left), Bernard Chai, CEO of Prudential Financial Advisers (2nd from right), Ben Tan, Chief Distribution Officer & Chief Corporate Development Officer, Prudential Singapore (1st from right), and Jackie Chew, Chief Risk Officer, Prudential Singapore (1st from left), celebrating […]

The Bank aims to equip its clients and their Next Generation with the necessary skills to navigate cross-generational transitions and preserve their family legacy, in a first-of-its-kind Wealth Planning Certificate Programme issued jointly with Cornell University and RSM Hong Kong. HONG KONG/SINGAPORE/INDIA – Media OutReach – 20 April 2023 – Julius Baer has launched an exclusive Family Wealth Planning Certificate Programme for its UHNW and Next Generation […]

By Amitabha Sen The World’s second largest economy, China is currently holding more than half of the global wheat stocks leaving much behind the combined stocks of the US and the European Union’s 27 member states. If excluded China, the global stocks can take care less than two months consumption. This is revealed in the […]

The post China Dominates Global Wheat Market With Its Record Stocks In 2022-23 first appeared on IPA Newspack.

New survey shows over half of small businesses expect to grow this year. Over 90 per cent of small businesses in Mainland China plan to innovate. Technology investments boost profits for the majority. BEIJING, CHINA – Media OutReach – 21 April 2023 – More than half (56 per cent) of Mainland China’s small businesses expect to grow in 2023. Meanwhile, their investments in technology and innovation will […]

By Prabhat Patnaik Government officials never tire of repeating that India is currently the fastest growing major economy in the world. What they never mention is the fact that India had witnessed perhaps the sharpest absolute drop in GDP among the major economies of the world in 2020-21 because of its draconian lockdown; and the […]

The post More Fund Transfers To The Working Poor Can Boost Growth In Ailing Indian Economy first appeared on IPA Newspack.

Advertisements

By Dr Soma Marla In India, landownership is crucial for the upliftment of the rural poor. Even after seven decades of independence from British colonialism, the rich landed sections occupy vast tracts of land while the small and landless, who form 80 percent of the farmer community possess only a negligible portion. The landless situation […]

The post Suspension Of Earlier Land Reforms Measures Has Adversely Affected Rural India first appeared on IPA Newspack.

Ahead of the Karnataka assembly elections next month, former Congress leader Yousuff Sharif alias KGF Babu’s home received an Income Tax (IT) department knock, after which several shocking recoveries were made. Sharif recently quit the grand old party and filed his nomination as an Independent candidate. On Wednesday, reports said that the home of KGF […]

The post Raids at K’taka Cong ex-leader yield thousands of voter IDs first appeared on IPA Newspack.

Whether you’re selling your home yourself or enlisting a realtor to do the work, you’re going to have quite a bit on your plate. One of the important things to do is to figure out how to market your home so it will sell quickly and for the right price. Reasons, why you would accept a cash offer for your home may be what you need. When […]

HONG KONG SAR – Media OutReach – 21 April 2023 – Today, IX Asia Indexes Company Limited (“IX Asia Indexes”) announced the 2023 1st quarter review of the ixCrypto Index (“IXCI”) and ixCrypto Portfolio Indexes with results of the constituent review and exchange review as follows: 1. Constituent Review 1.1. ixCrypto Index The number of constituent cryptos will remain unchanged as 33 constituents with 4 additions and […]

By Satyaki Chakraborty The United States of America is steadily losing its diplomatic battle in the Middle East against China as more and more warring nations in the region are looking to China for acting as the facilitator for establishing peace in the region. After the big success of brokering a peace deal between Iran […]

The post China Emerging As The Prime Mediator In Easing Tensions In Middle East first appeared on IPA Newspack.

By Dr. Nilanjan Banik Recently, numerous articles have been written on the demise of the dollar. The argument is that China, the second largest economy after the US, is increasingly convincing the world’s largest suppliers of energy, including Russia, Saudi Arabia, Iran, and Venezuela to trade in Chinese Yuan. This, according to the commentators, will […]

The post Who Will Be The Ultimate Winner In Currency War? Dollar Or The Yuan? first appeared on IPA Newspack.

The Congress in Kerala on Tuesday continued their attack on BJP over the saffron party’s recent outreach towards the Christian community by stating the people understand the “hypocrisy” of the Sangh Parivar. Leader of Opposition (LoP) in the state Assembly V D Satheesan said the Christian community in Kerala will not accept the BJP which […]

The post Cong dismisses BJP outreach to Christians as hypocrisy first appeared on IPA Newspack.

Up to 4.46% p.a. Projected Total Return Rate upon Policy Maturity HONG KONG SAR – Media OutReach – 19 April 2023 – Facing the complex and volatile economic situation, most customers would adopt more balanced strategies on wealth management. With competitive and steady returns, savings insurance can cater longer term of wealth management plan for customers, such as education fund for children and retirement reserve, etc. Hong […]

Solar and wind energy production has doubled its share of the US market since 2018. However, it remains at only 16% of total power generation. A growing number of consumers prioritizing clean energy are installing wind turbines and solar panels in their homes. A wind turbine or solar panels can be good options. They have differences in how they work and the best installation location. Learn more […]

By Nantoo Banerjee Pledging inflated stocks to borrow big from India’s public sector banks seems to have become a routine practice in India. Surprisingly, the Reserve Bank (RBI), the banking regulator, and the government, are doing little to control such practices by holding bank management as responsible as those adventurous borrowers. There are reasons to […]

The post Unholy Bank-Borrower Alliance Is Behind Most Big Financial Frauds first appeared on IPA Newspack.

By Dr. Gyan Pathak International Labour Organization (ILO) has categorically told the World Bank and International Monetary Fund (IMF) that social justice is indispensable in protecting the workforce since inequality has been growing worldwide. The importance of the statements lies in the fact that these have been delivered at a time when the world labour […]

The post Social Justice Indispensable In Protecting Workforce first appeared on IPA Newspack.

Border Opening Boosts Office Leasing Activities, Although Net Absorption Yet to See Immediate Rebound Retail sales rose 17.3% y-o-y in the first two months of 2023, as the mainland China-Hong Kong border opening supported the gradual recovery of the retail market, while visitor arrivals rebounded notably High street rental declines bottomed out and vacancy rates dropped during the quarter, yet staffing shortages are limiting retailer expansions Q1 […]

Hong Kong’s small businesses have high expectations for growth. A record nine-in-10 small businesses expect to innovate in 2023. Revenue from overseas sales and innovation will support recovery and long-term growth. HONG KONG SAR – Media OutReach – 16 April 2023 – More of Hong Kong’s small businesses expect to grow this year than at any other time since 2011, after bouncing back from COVID-19. They have […]

By Prabhat Patnaik Except in war-time, capitalism invariably seeks to control inflation by creating a recession; and this is so even when the inflation has been caused by an autonomous increase in capitalists’ profit-margins which are downward inflexible and hence would not be reduced by a recession. This strategy is pursued because a recession invariably […]

The post Oil Output Cut By OPEC+ Countries Is A Testimony To Decline In Us Hegemony first appeared on IPA Newspack.

SINGAPORE – Media OutReach – 13 April 2023 – Security is one of the main fortes of Coinut as a cryptocurrency exchange. Following the recent high-profile incidents like the collapse of FTX and the crash of LUNA, the importance of having a robust security infrastructure has never been more evident. Having 9 years of being in the business, Coinut takes a step forward in keeping its clients’ […]

On the birth anniversary of B R Ambedkar, Congress president Mallikarjun Kharge on Friday took a swipe at the government, saying the “culture of forcing silence” and branding people “anti-nationals” is a dangerous trend that will finish our democracy and destroy the Constitution.  In his message on Ambedkar Jayanti, Kharge also alleged that Parliament has […]

The post Kharge says branding people ‘anti-national’ dangerous first appeared on IPA Newspack.

By Nitya Chakraborty Om Prakash Sabherwal, more known as OP in Delhi’s media circles, was a leading journalist in the national capital for more than five decades in the last century. He joined India Press Agency (IPA) in1959 at the call of IPA founder Nikhil Chakravartty and was connected with the organization till his last […]

The post Remembering Days With O P Sabherwal On His Birth Centenary Day On April 13 first appeared on IPA Newspack.

VISHNU RAJA
RYO YAMADA
HITORI GOTOH
IKUYO KITA