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By Roger McKenzie Former South African president Jacob Zuma has denounced the governing African National Congress (ANC) and vowed to vote for a new political formation in next year’s general election. Mr Zuma, who led the ANC from 2007 to 2017, said on Saturday that he was backing the newly formed Umkhonto we Sizwe party, […]

The post South Africa’s Ruling Party Faces Split Before National Elections In 2024 first appeared on Latest India news, analysis and reports on IPA Newspack.

OUAGADOUGOU, BURKINA FASO – EQS Newswire – 19 December 2023 – History of the “Solar Grandmothers” initiative During the India-Africa Forum held in New Delhi in April 2008, an agreement was reached between the Government of India and the African Union (AU) Commission on pan-African projects for the establishment of regional Barefoot College Training Center in Africa. This was followed by solar energy training for rural women […]

MUMBAI: A month after the Reserve Bank of India announced tighter regulations for credit to non-banking financial companies, cost of borrowing for these players has jumped sharply. Banks too are paying more for funds amid tight liquidity conditions in the banking system. Cost of borrowing for companies, banks and non-banks through commercial papers (CP) and […]

The post Borrowing Costs Rise For NBFCs And Companies first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: India’s merchandise exports in 2023 would not buck the larger global trends and are set to contract 5.3%, according to an analysis by trade policy think tank. But the performance of electronics segment stands out, giving indications that support measures might work for other priority sectors too. According to the United Nations Conference […]

The post Exports Seen To Have Declined 5 Per Cent In 2023 first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: In a dazzling resurgence, foreign investors have graced the Indian equity markets with an influx of nearly Rs 1.5 lakh crore in 2023, fuelled by optimism over the country’s resilient economic fundamentals amid shadows of a gloomy global scenario. Experts believe that the positive trend may continue in 2024. This follows Indian equities […]

The post FPIs Flood Indian Equity Markets, Infuse Rs 1.5 Lakh Crore In 2023 first appeared on Latest India news, analysis and reports on IPA Newspack.

By Sushil Kutty Some of the politically powerful Reddys of Andhra Pradesh have a grouse with fellow Reddy and Andhra Pradesh Chief Minister YS Jagan Mohan Reddy who also faces anti-incumbency just like K Chandrashekar Rao of Telangana faced and lost. So, the YSR Congress Party is kind of vulnerable right now and the Congress […]

The post Congress Buoyed With Telangana Win, Finding It Tough In Andhra Pradesh first appeared on Latest India news, analysis and reports on IPA Newspack.

VIENTIANE, LAOS – Media OutReach Newswire – 18 December 2023 – Laos has officially launched its “Visit Laos Year 2024” campaign, expecting to attract millions of international visitors to the Southeast Asian country, which has been touted as a “paradise of culture, nature, and history.” The initiative will boast some 79 cultural events for visitors to enjoy, led by a strategic multi-platform digital campaign. Among the lineup […]

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HONG KONG SAR – Media OutReach Newswire – 18 December 2023 – Hang Lung Properties (SEHK stock code: 00101) (“Hang Lung” or the “Company”) garnered over 35 prestigious ESG awards in 2023, earning widespread recognition across Hong Kong and mainland China. These accolades serve as a testament to the Company’s commitment to sustainable business growth while prioritizing the development and wellbeing of its employees and the communities […]

Shaping Education for a World of Change Over 400 International Scholars Convene in Hong Kong Setting a Record High of Exhibition Booths with over 520 HONG KONG SAR – Media OutReach Newswire – 14 December 2023 – Hong Kong has established as an international education hub. The education sector is proactively reflecting on and planning for the future development of education. Innovative education has become a significant […]

In 2023, high interest rates caused global equities to fall, depreciating emerging market currencies and slowing global growth. Military conflicts reached the highest level since the Cold War, affecting capital markets. In this article, Octa analysts take readers back to the events of 2023 and explain the underlying patterns along the way. KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 14 December 2023 – In 2023, the […]

MUMBAI: Bucking the overall positive market trend, life insurance stocks declined by up to 8 per cent on Friday after the Insurance Regulatory and Development Authority of India (Irdai) proposed a higher surrender value for life insurance companies. In the last two days, the stock of Life Insurance Corporation (LIC) slipped by 1 per cent […]

The post IRDAI’s Diktat On Surrender Value Weighs On Life Insurance Stocks first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: The Indian Railways has chalked out a plan to purchase new trains worth ₹1 lakh crore over the next few years to cater to the rising demand in the passenger travel segment on the national transporter, Union Railways Minister Ashwini Vaishnaw told ET.The national transporter has spent 70% of the ₹2.4 lakh crore […]

The post Railways To Green Flag Rs 1 Lakh Crore Train Set Bids first appeared on Latest India news, analysis and reports on IPA Newspack.

MUMBAI: Essar group has signed three agreements with the Gujarat government to invest Rs 55,000 crore across port, power and energy transition, and create more than 10,000 jobs. This is as part of the company’s renewed phase of making strategic investments in the state. The group has signed a memorandum of understanding (MOU) to develop […]

The post Essar Group Signs MoU With Gujarat Govt To Invest Rs 55,000 Crore first appeared on Latest India news, analysis and reports on IPA Newspack.

Former BigPay, Monzo, and VP Bank execs launch Pave Bank, a new programmable bank at the intersection of traditional finance and digital assets. Having secured a banking licence, they have built the bank from the ground up catered to global businesses in the new economy. Singapore – December 14, 2023 /MarketersMEDIA/ — Pave Bank founder: (L to R) Simon Vans Colina, Salim Dhanani and Dmitry Bocharov Banks […]

MUMBAI: Global markets are abuzz with activity, with their spirits buoyed by the US Federal Reserve’s dovish pivot. With stock prices soaring, the 10-year US Treasury yield — a gauge of risk appetite — has dipped below 4 per cent and investors are recalibrating their expectations, anticipating more aggressive rate cuts than previously forecasted. The […]

The post Markets Soar On Dovish US Federal Reserve, Sensex Settles Atop 70,000 first appeared on Latest India news, analysis and reports on IPA Newspack.

India Inc’s appetite to spend on capital projects is high despite some concerns around elevated geopolitical tensions impacting demand in the coming months. Several top industry officials ET spoke to say the momentum for capital investments remains strong and transient pressures will not impact companies’ making long-term bets on domestic growth. As a result, the […]

The post India Inc’s Capex Cycle May Move Into Top Gear first appeared on Latest India news, analysis and reports on IPA Newspack.

If you want to experience the United Arab Emirates from a different side and fully immerse yourself in the real Arab culture, then you should visit the Emirate of Sharjah. Sharjah is an emirate of the UAE, which is the complete opposite of Dubai. It is not intended for entertaining tourist trips, but by coming here, you can learn about Arab culture and get to know it […]

NEW DELHI: More than 33 per cent of India’s constituent units, the states and Union Territories with legislature, have projected their debt to cross 35 per cent of their respective gross state domestic product (GSDP) at the end of 2023-24. Twelve states — Arunachal Pradesh, Bihar, Goa, Himachal Pradesh, Kerala, Manipur, Meghalaya, Mizoram, Nagaland, Punjab, […]

The post Twelve Of 31 States, UTs Project Debt More Than 35% Of GSDP At FY24 End first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: India’s economy would grow 6.7 per cent in Financial Year 2023-24 (FY24), said Asian Development Bank (ADB) on Wednesday, raising the estimate from 6.3 per cent it made in September. The lender revised its estimate based on India’s higher-than-expected gross domestic product (GDP) growth, of 7.6 per cent, in the second quarter of […]

The post ADB Raises India FY24 Growth Forecast To 6.7%, Cites Industry Performance first appeared on Latest India news, analysis and reports on IPA Newspack.

The Group’s user community avoided 116,577 tonnes of carbon emissions in four goods categories in 2022, the equivalent to 5.3 million trees absorbing CO2 per year. SINGAPORE – Media OutReach Newswire – 14 December 2023 – Carousell Group, the leading multi-category platform for secondhand in Greater Southeast Asia, released its inaugural Circular Economy Impact Report on 8 December 2023, showing that buying and selling secondhand items is […]

Matein Khalid I agree with The Economist that India and Indonesia are the two shining stars of Asia and both are due for historic elections where the outcome is preordained, as capital markets metrics and fund flows I track discount in real time now. Prime Minister Modi will win the Indian general election with a decisive majority in the Lok Sabha. This is not just a prediction but […]

Arabian Post Staff The members of the , have selected Saudi Arabia’s Minister of Finance Mohammed Aljadaan will be the new Chair of the International Monetary and Financial Committee (IMFC), the policy advisory body of the Board of Governors of the International Monetary Fund (IMF). The term is for three years. Aljadaan will succeed Ms. Nadia Calviño, Spain’s First Vice President and Minister for Economic Affairs and […]

NEW DELHI: Indian economy, dubbed the fastest growing major economy in the world, is faced with the single most important pressure point of job creation, says former RBI Governor Raghuram G Ranjan as he makes a strong case for improvement of human capital through skill development. Talking about the book ‘Breaking the mould: Reimagining India’s […]

The post Job Creation Single Most Important Pressure Point: Raghuram Rajan first appeared on Latest India news, analysis and reports on IPA Newspack.

The Maharashtra government intends to implement the Old Pension Scheme (OPS) before the state elections in 2024, deputy chief minister Ajit Pawar, who also holds the finance portfolio, has told the Legislative Council of the assembly. The statement comes amid state government officials calling for yet another protest to demand implementation of OPS. Pawar, during […]

The post Ajit Pawar promises return to Old Pension Scheme before polls first appeared on Latest India news, analysis and reports on IPA Newspack.

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