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NEW DELHI: State-owned Bharat Petroleum Corp Ltd has set it capital expenditure target for 2024-25 at Rs 15,000 crore, the company said on Tuesday. Further, it also aims to expand its market networks with new pipelines underway. “Augmenting strong marketing networks, we have approved two pipeline projects from Mumbai refineries,” the company said on an […]

The post BPCL Sets FY25 Capex Target At Rs 15,000 Crore first appeared on Latest India news, analysis and reports on IPA Newspack.

CHENNAI: After India created history through Chandrayaan-3’s soft landing on the moon last year, the booming private sector space industry in the country is pinning hopes on this year’s interim Budget. The sector is upbeat that the Centre will open up foreign direct investment (FDI), introduce a production-linked incentive (PLI) scheme and give goods and […]

The post Private Sector Space Players Seek Govt Relief On FDI And GST Exemption first appeared on Latest India news, analysis and reports on IPA Newspack.

If you’re still trying to DIY your way through the intricate world of investments and trying to build wealth for the long-term, it might be time to consider a proven, better approach. Enter the financial advisor, your ticket to the realm of a properly diversified portfolio, which is your best defence against risk and your best way to seize opportunities. Partnering with a financial advisor is not […]

The Enforcement Directorate (ED) seized the vehicle of Jharkhand Chief Minister Hemant Soren, who is “untraceable” allegedly due to the federal agency’s action in connection with a money laundering investigation in an alleged land fraud case. According to top sources in the ED, the car is an asset from the proceeds of crime. Soren uses […]

The post ED tightens screws on Soren, seizes his BMW first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: Finance ministry on Monday said the Indian economy has remained resilient amid global headwinds on the back of robust domestic demand, an investment-led strategy due to a transformed climate and high level of public spending, macro-economic stability, apart from a spate of reforms initiated by government over the last 10 years. A review […]

The post Government, RBI Measures Have Kept Inflation In 2-6% Range: Finance Minister first appeared on Latest India news, analysis and reports on IPA Newspack.

New Chief Executive Officer (CEO) and team to serve UHNW clients in the UAE and grow opportunities in the region SINGAPORE, HONG KONG SAR and DUBAI, UAE – Media OutReach Newswire – 30 January 2024 – WRISE Group today announced the official establishment of WRISE Middle East, its Dubai subsidiary office dedicated to serving the operational needs of the ultra-rich and their family offices in the United […]

SINGAPORE – Media OutReach Newswire – 30 January 2024 – Long Bridge Securities Singapore, a new-generation socially-driven online brokerage, is pleased to announce its latest campaign offering lifetime commission-free trading and free real-time market data. This makes Long Bridge Securities the first online brokerage in Singapore to offer lifetime commission-free trading in both US and HK markets simultaneously. From now until March 31, 2024, all new users […]

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NEW DELHI: The Government needs to continue with favourable policies to promote green mobility while also focussing on infrastructure development at a robust pace in the upcoming Budget, according to some leading firms in the automobile space.  The Union government is all set to present the interim Budget on February 1. “We expect capex on […]

The post Auto Firms Seek Continued Push To Green Mobility, Infra Development first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: North Block is expected to lower its fiscal deficit target meaningfully in FY25, in line with the post-Covid consolidation roadmap, but the Centre’s gross debt sales will likely remain at this FY’s record levels despite New Delhi expectedly slowing the pace of investments in capital assets. A slower pace of capital expenditure – […]

The post Govt May Prune FY25 Fiscal Gap Target To 5.3-5.4% On Slower Capex first appeared on Latest India news, analysis and reports on IPA Newspack.

The U.S. Securities and Exchange Commission’s (SEC) approval of the launch of 11 bitcoin exchange-traded funds (BTC ETFs) surged in bitcoin trading volumes. On the first day of the launch of trading in spot bitcoin ETF units, about 700,000 transactions were made, and the trading volume reached $4.33 billion. Half of this volume, or $2.1 billion, came from Grayscale’s bitcoin ETF, and another $1 billion came from […]

Meetings with NVIDIA, Google, Linkedin to explore collaboration opportunities through HKSTP Innovation Mixer to the US West Coast HONG KONG SAR – Media OutReach Newswire – 25 January 2024 – Hong Kong Science and Technology Parks Corporation (HKSTP) recently embarked on its Innovation Mixer US West Coast Tour to connect the US and Hong Kong innovation communities and showcase the booming opportunities in Asia. From 16 to […]

HONG KONG SAR – Media OutReach Newswire – 25 January 2024 – Qupital, Asia’s leading data-driven financing platform for SMEs in the new economy, today announced its new Series B2 financing round funded by a consortium of new and existing investors from Hong Kong and Southeast Asia. The fresh capital injection will be instrumental in scaling its securitisation facility backed by Citi, which supports its rapidly growing […]

Aimed at transforming the entire landscape of financial market analysis. Tampa, Florida, United States – January 28, 2024 — Quasar Markets, a pioneering force in AI-driven financial market research, is thrilled to announce a strategic partnership with Seasonax, a leader in seasonal trading pattern analytics and event studies. This partnership marks a significant step in their shared mission to transform the landscape of financial market analysis.  As part […]

NEW DELHI: India Inc wants government to keep up the momentum on public spending to boost demand and step up disinvestment and asset monetisation to keep public finances in order. “India is at an important inflexion point and given the current global developments and associated headwinds, the government should continue to lay major thrust on […]

The post Government Must Keep Up Capital Expenditure Momentum, Says India Inc first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: Delhi-NCR witnessed a sharp 42 per decline in demand for warehouse and industrial spaces last year on high base effect and lower new supply, according to Colliers. The gross leasing of Grade-A industrial & warehousing spaces fell to 5.1 million square feet in 2023 from 8.8 million square feet in the previous year. […]

The post Demand For Industrial, Warehousing Spaces In Delhi, NCR Falls 42 Per Cent first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: India and the UK will likely sign an agreement in early February to spurt flow of London-based patient capital funds the burgeoning infrastructure sector of the world’s fifth largest economy. India is aiming for $5-10 billion inflows in the initial phase to establish a proof of concept in project financing for investors to […]

The post India Looks To Tap London Funds For Infrastructure Investment first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: The government has halved the amount of equity infusion in state-owned fuel retailers to Rs 15,000 crore for supporting their investments in energy transition projects, the finance ministry has said. Finance Minister Nirmala Sitharaman had on February 1 last year while presenting the annual Budget for 2023-24 fiscal (April 2023 to March 2024) […]

The post Govt Halves Budget Support To Oil Firms, Defers Filling Strategic Reserves first appeared on Latest India news, analysis and reports on IPA Newspack.

MUMBAI: Private banks have continued to grow their personal loan books in the September-December quarter even after the Reserve Bank of India (RBI) raised risk weights for unsecured loans. According to the banks’ latest quarterly numbers, their personal loan books have risen between 10% and 86% year-on-year (yoy). Leading banks like ICICI Bank, Kotak Mahindra […]

The post Private Banks Grow Personal Loan Book Aggressively first appeared on Latest India news, analysis and reports on IPA Newspack.

deploys ‘Strategy 3+1’ to deliver sustainable value to all stakeholders, including customers, shareholders, employees, regulators and society at large. “KBank aims to be a solidly dependable partner to our customers, and other stakeholder, and to deliver solid performance to our shareholders in an increasingly unpredictable global economic environment.” Ms. Kattiya Indaravijaya, Chief Executive Officer, KBank ‘Strategy 3+1’ to help KBank grow business by focusing on three strategic […]

By Prabhat Patnaik The unemployment situation is worse today than it has ever been in post-independence India. There are two distinct elements that have contributed to this situation. One is the fact that the output recovery from the fall caused by the pandemic-linked lockdown has not been accompanied by a comparable employment recovery. In fact, […]

The post Introduction Of Universal Employment Guarantee Scheme Is Need Of The Hour first appeared on Latest India news, analysis and reports on IPA Newspack.

By Devasis Chattopadhyay India celebrates her 75th Republic Day. Different states and Union Territories are marking this special day with celebrations. Like all previous Republic Days, on New Delhi’s Kartavya Path (erstwhile Rajpath), this year too, a group of finest horsemen attired in exquisite red coats, elegant golden sashes, and magnificent turbans would accompany our […]

The post President’s Body Guard, The Elite Horsemen Carry A 250 Year Old Legacy first appeared on Latest India news, analysis and reports on IPA Newspack.

Maratha quota leader Manoj Jarange Friday reached Navi Mumbai with thousands of supporters to push for reservations for the Maratha community. Jarange and other Maratha activists reached the Agriculture Produce Market Committee (APMC) on the outskirts of Mumbai around 5 am by bikes, cars, jeeps, tempos and trucks. As per his plan, Jarange, along with […]

The post Maratha quota activist in Mumbai outskirts with thousands first appeared on Latest India news, analysis and reports on IPA Newspack.

Ratings agency ICRA has revised upwards its projection of bank credit growth in FY24 to 14.9-15.3 per cent, estimated at an incremental growth of ₹20.4-20.9 lakh crore, from the earlier projection of 12.8-13 per cent equating to a growth of ₹17.5-17.8 lakh crore. “This will be the highest ever incremental bank credit growth and would […]

The post ICRA Revises Up Bank Credit Growth Estimate To 15% From 13% For FY24 first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: Industry bodies have sought continued thrust on capital expenditure (capex) in their proposals to the Finance Ministry for the upcoming interim budget to be presented by Finance Minister Nirmala Sitharaman on February 1. The Confederation of Indian Industry (CII) has asked for an increase in capex by at least 20 per cent to […]

The post Industry Bodies Seek Thrust On Capex To Continue In Interim Budget first appeared on Latest India news, analysis and reports on IPA Newspack.

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