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Closing Price on Debut Day 164% Higher than Offer Price HONG KONG SAR – Media OutReach Neswire – 12 January 2024 – WellCell Holdings Co., Limited (“WellCell” or the “Company”; together with its subsidiaries, the “Group”, stock code: 2477), a comprehensive telecommunication network support and ICT integration service provider and software developer in the PRC, is successfully listed on the Main Board of The Stock Exchange of […]

NANNING, CHINA – Media OutReach Newswire – 12 January 2024 – With the barrier gate for customs release lifted, 6 tonnes of blended yarn was imported tariff-free to China through Dongxing, a border city in south China’s Guangxi Zhuang Autonomous Region. The yarn was produced in a Vietnamese production line of the cotton yarn production giant Texhong International Group Limited and will be further processed to produce […]

NEW DELHI: India is reviewing the entire gamut of withholding tax provisions in line with the country’s overall thrust to simplify the tax structure to make it easier for businesses and reduce disputes. There are several tax deducted at source (TDS) provisions with different thresholds and multiple rates. This has created a TDS maze that […]

The post Government May Simplify Withholding Tax Math first appeared on Latest India news, analysis and reports on IPA Newspack.

India’s industries are counting on the government to target larger capex outlay of atleast ₹12-lakh crore in the upcoming interim Budget (2024-25) to support higher GDP growth in a year when global economic slowdown in expected to be pronounced. This comes even as the private sector’s side of investment push has not been exuberant in […]

The post Private Sector Urges Massive Capex Booster Dose In Interim Budget As Well first appeared on Latest India news, analysis and reports on IPA Newspack.

Microsoft overtook Apple as the world’s most valuable company on Thursday after the iPhone maker’s shares made a weak start to 2024 due to growing concerns over demand. Shares of Redmond, Washington-based Microsoft were last up 1.6%, giving it a market valuation of $2.875 trillion as its early lead in the race to make money […]

The post Microsoft Overtakes Apple As World’s Most Valuable Company first appeared on Latest India news, analysis and reports on IPA Newspack.

MUMBAI: In a measure that could bring relief to promoters of startups, the Securities and Exchange Board of India (Sebi) is in favour of relaxing the rules on the minimum promoters’ contribution at the time of an initial public offering (IPO). As startup founders typically dilute their stakes in the course of fundraises, they are […]

The post SEBI Proposes Easier Rules For Startup Listings first appeared on Latest India news, analysis and reports on IPA Newspack.

HONG KONG SAR – Media OutReach – 12 January 2024 – Today, IX Asia Indexes announced the 2023 4th quarter review of ixCrypto Index Series and second-half yearly review of the IX Digital Asset Industry Series. The constituent change for ixCrypto Index Series will be effective on 19 January, 2024 (Friday), while the constituent change for IX Digital Asset Industry Index Series will be effective on 1st […]

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India is planning to lower its budget deficit by at least 50 basis points in 2024/25 from this year’s target of 5.9 per cent of gross domestic product (GDP), while also looking to raise capital spending by as much as 20 per cent, two government officials said. Shrinking the fiscal deficit and yet at the […]

The post Govt Plans To Lower Budget Gap By At Least 50 Basis Points, Raise Capital Spending As Much As 20% In FY25: Sources first appeared on Latest India news, analysis and reports on IPA Newspack.

K Raveendran In a landmark judgement, the US SEC has approved 11 Bitcoin spot ETFs paving the way for mass adoption of digital assets. Sending you herewith, reactions from industry stalwarts on its impact and future outlook. According to experts, it is expected that the US decision would prompt financial institutions in other regions to apply for similar businesses. In view of this, other financial centres such […]

MUMBAI: The monetary policy committee (MPC) is expected to keep rates unchanged for the remainder of this fiscal amid weak agricultural output and tight global food supplies posing upside risks to inflation, and global market volatility, according to a Crisil Market Intelligence and Analytics report. A rate cut is expected only in the first quarter […]

The post Rate Cut Expected Only In First Quarter Of Next Fiscal: CRISIL first appeared on Latest India news, analysis and reports on IPA Newspack.

By Anjan Roy After fiddling with the Indian economy for years, Raghuram Rajan, former governor of Reserve Bank of India, finds himself in a kind of Hamlet moment. Rajan had observed that India would be lucky to reach a 5% growth rate during the current fiscal year. He was heaped with criticism for his pessimism […]

The post Indian Economy Has Shown Its Own Strengths Through High Growth In 2023-24 first appeared on Latest India news, analysis and reports on IPA Newspack.

By Subhashini Ali It was a judgment that was eagerly awaited by many who saw it as a litmus test of whether the diminishing flames of hope in the judiciary’s ability to deliver justice would be snuffed out or would burn brighter. These hopes had been considerably diminished on August 15, 2022 when they saw […]

The post Supreme Court Verdict On Bilkis Bano’s Rapist Convicts Is Redeeming first appeared on Latest India news, analysis and reports on IPA Newspack.

The Manipur government, while denying permission for a rally, approved the venue where the Congress will flag off its Rahul Gandhi-led ‘Bharat Jodo Nyay Yatra’ on January 14. Scheduled to begin from the Hapta Kangjeibung ground in the capital of Imphal, only a “limited number of participants” have been allowed for the proposed opening ceremony […]

The post Manipur govt clears Rahul’s Bharat Jodo Nyay Yatra venue first appeared on Latest India news, analysis and reports on IPA Newspack.

The SEC approval of Bitcoin Exchange-Traded Funds (ETFs) signals a landmark moment for both Bitcoin and the broader cryptocurrency market, and could send prices skyrocketing in the longer-term with BTC prices perhaps hitting $60,000 this quarter, predicts the CEO of one of the world’s largest independent financial advisory, asset management and fintech organizations. The bullish prediction from Nigel Green of deVere Group, a long-term high profile cryptocurrency […]

STT GDC sets industry benchmarks in sustainable financing as the first sustainability linked perpetual issuance in Asia. SINGAPORE – Media OutReach Newswire – 10 January 2024 – ST Telemedia Global Data Centres (STT GDC), one of the world’s fastest growing data centre providers, announced that it has on 8 January 2024 issued S$450 million of Sustainability-Linked Perpetual (SLP) securities under the company’s S$1.5 billion multicurrency debt issuance […]

Opportunities to engage with esteemed scientists and multidisciplinary approach to Science and Technology distinguish the GYSS SINGAPORE – Media OutReach Newswire – 10 January 2024 – The values of science which promote collaboration and teamwork is celebrated once again at the GYSS 2024. Despite global uncertainties, the brightest researchers and eminent scientists will converge in Singapore from 8 to 12 January 2024. This year, over 350 young […]

By Stu Becker The World and Africa: An Inquiry into the Part Which Africa Has Played in World History by the legendary American communist historian W.E.B. DuBois argues that Africa’s great contributions to world civilization have been erased and ignored. DuBois argues that this is because of the transatlantic slave trade, which enslaved millions of […]

The post Legendary American Historian W.E.B. DuBoi’s Book ’The World And Africa’ Is Pathbreaking first appeared on Latest India news, analysis and reports on IPA Newspack.

MUMBAI: Gaining from high credit off-take and lower credit costs, banks are likely to post 16.7 per cent year-on-year (Y-o-Y) growth in net profit during the third quarter of the financial year ended December 2023 (Q3 FY24). However, sequentially, net profit may shrink by 2.4 per cent over the second quarter ended September 2023 (Q2), […]

The post Banks’ Net Profit Likely To Grow By 16.7% In Q3 Due To High Credit Offtake first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: Rationalising the capital gains tax structure, stability in tax rates, and liberalising exemption from the angel tax provisions for strategic foreign direct investment (FDI) are among the key demands of India Inc from the upcoming Interim Budget. According to a document titled ‘EY’s point of view on Budget’, the industry also wants the […]

The post India Inc Seeks Tax Reforms, R&D Incentives In Upcoming Interim Budget: EY first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: Foreign Portfolio Investors (FPIs) continued their buying spree and poured close to Rs 4,800 crore in the Indian equity markets in the first week of January driven by confidence in the country’s robust economic fundamentals. Additionally, they injected Rs 4,000 crore in the debt market during the period under review, data with the […]

The post FPIs Infuse Rs 4,800 Crore In Equities On Strong Economic Confidence first appeared on Latest India news, analysis and reports on IPA Newspack.

By Satyaki Chakraborty Israel’s Gaza war has entered its fourth month on January 7 this year leading to a death toll of more than 22,500.The entire Gaza strip has been devastated by the Israeli bombings. Apart, the Israel Defence Forces have targeted areas of both Lebanon and Iraq giving the war against the Palestinians a […]

The post Israel’s Gaza War Expands To Lebanon, Iraq; Enters Fourth Month first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: India Inc’s earnings for the December 2023 quarter are expected to show strong growth on the back of good numbers from auto manufacturers, banks, capital goods makers, cement producers and residential real estate developers. In aggregate, companies are likely to report a high single-digit increase in profits when seen year-on-year, though the rise […]

The post India Inc May Report Good Numbers In Q3 first appeared on Latest India news, analysis and reports on IPA Newspack.

SINGAPORE – Media OutReach Newswire – 8 January 2024 – KPMG in Singapore (KPMG) and the Singapore Business Federation (SBF) are pleased to announce our joint Budget 2024 Proposal, designed to secure enduring prosperity for Singapore amid growing global uncertainties. 2024 AREAS OF FOCUS FOR SINGAPORE In 2024, Singapore is poised to cement its regional authority in innovation and climate change advocacy. To succeed, the nation must […]

Company is leading the pack to bring affordable, high performance, power-optimized, scalable solutions that enable next-gen large language models (LLM), generative AI, automotive, data centers, and mobile computing SINGAPORE & LAS VEGAS, USA – Media OutReach Newswire – 8 January 2024 – Silicon Box revealed today that its advanced $2B packaging factory in Singapore has been in mass production for early customers since October 2023, shortly after […]

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