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By Prabhat Patnaik Finance Minister Nirmala Sitharaman made a misleading statement the other day that is not expected from a responsible member of the union cabinet. Talking about the resource transfer to the states in the recent budget, she said that the magnitude of transfer had been raised “sharply”. Now, this statement, while creating the […]

The post Finance Minister’s Statement On Transfer Of Resources To States Is Misleading first appeared on IPA Newspack.

Singapore fintech investments bucked global trend, up 22 percent to US$4.1 billion in 2022, from US$3.4 billion the previous year. Top three investment areas in Singapore were Crypto/Blockchain, Payments and Wealthtech. Global fintech market attracts U$164.1 billion across 6,006 deals in 2022 – a strong showing despite falling from the high of US$238.9 billion seen in 2021. Top three fintech investment areas globally are Payments, Crypto/Blockchain and […]

By James M Dorsey This could be India’s decade if it plays its cards right. The sub-continental state is poised to be the next China, even if its path will likely be less straightforward than that of China and more of a Leninist two steps forward, one step backwards. Leaving aside the multiple domestic issues […]

The post India Could Be This Decade’s China If New Delhi Plays Its Cards Well first appeared on IPA Newspack.

Hong Kong Comics @ The 50th Angoulême International Comics Festival in France Creativity of Hong Kong Comics Artists Honored by the International Comics Industry Artists Return to Hong Kong to Share Their Eye-Opening Experiences in Early March HONG KONG SAR – Media OutReach – 15 February 2023 – Hong Kong comic books tell stories! Comics sporting the ‘Made in Hong Kong’ label utilise distinctive drawing styles to […]

100 per cent increase in tobacco duty, consider a tax on non-recyclable plastic products Offer a two-tiered e-consumption vouchers with a target disbursement period in the first half of 2023, with HK$2,000 as the base amount for all eligible Hong Kong residents, and an additional HK$6,000 for underprivileged groups (in total HK$8,000) Maintain the HK$10,000 tax rebate on salaries tax and increase tax allowances HONG KONG SAR […]

By Nantoo Banerjee With government banks and financial institutions involved in massive funding in the lately stock-crashed Adani group enterprises, legislators from India’s main opposition parties are understandably concerned. Last week, even the Supreme court sought to know from the government and market regulator the steps needed to improve the regulatory and statutory mechanisms to […]

The post Debt-Heavy Adani Group May Take Time To Overcome That Sinking Feeling first appeared on IPA Newspack.

By Arun Srivastava With India facing a diabolical threat from the  rightwing  RSS and BJP, the immediate and most urgent task for the revolutionary communists is to save the country from this flurry of fascist disaster and destruction and to accomplish this it is imperative that all democratic forces and ideological streams should come together […]

The post CPI(ML) Liberation Calls For Broadest Unity Of Democratic Forces To Fight RSS-BJP first appeared on IPA Newspack.

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By Arun Kumar Shrivastav Indian tourism market is slowly but surely taking the centre stage. With Ganga Vilas, India is setting the stage for high-budget tourism products. That could bring a paradigm shift in the way the Indian tourism market is looked at. A four-day meeting of the G20 Tourism Working Group was held from […]

The post Indian Market Has Been Drawing Big Attention Of Global Tourism Industry first appeared on IPA Newspack.

NetApp’s new portfolio of programs and guarantees makes it easier to manage storage investment and avoid sporadic capital expenditures SINGAPORE – Media OutReach – 8 February 2023 – NetApp® (NASDAQ: NTAP), a global, cloud-led, data-centric software company, today announced the availability of NetApp Advance, a new portfolio of storage programs and guarantees to help customers cost-effectively future proof on-premises environments. NetApp Advance evolves the storage lifecycle, allowing […]

By K Raveendran In a desperate bid to defend Adani, an orchestrated attempt is being made to present shorting as something undesirable and even abominable. Adani himself has tried to pretend that the action by US investment firm Hindenburg in exposing the irregularities in his group’s accounting practices as an attack against India and the […]

The post Shorting Being Made Scapegoat For Adani Group’s Woes Due To Malpractices first appeared on IPA Newspack.

Prime Minister Narendra Modi inaugurated a new campus of an educational institute of the Dawoodi Bohra Muslims on Friday in an outreach to one of Mumbai’s most influential communities ahead of the high-stakes municipal elections in the city. PM Modi was seen walking, holding hands with the head of the community, Syedna Mufaddal Saifuddin, at […]

The post PM opens Arabic Academy in outreach to Bohra Muslims first appeared on IPA Newspack.

By Prabhat Patnaik Gautam Adani’s calling Hindenburg’s allegations of fraud against him an attack on the Indian nation is a matter of particular significance. Just before this episode, the BBC documentary on Modi had been labelled a product of the colonial mindset by the government and hence also construed to be an attack on the […]

The post Narendra Modi-Adani Combination Is The Symbol Of Corporate-Hindutva Alliance first appeared on IPA Newspack.

By Saifur Rahman Dubai emirate’s state-owned utility, Dubai Electricity and Water Authority (DEWA), reported a Dh11.1 billion standalone net profit that includes the sales proceeds of its shares in district cooling subsidiary Empower. DEWA reported a 22 percent growth in consolidated net profit of Dh8 billion on Dh27.4 billion annual turnover, which was 15 percent higher when compared to 2021. This is the first time DEWA, which […]

By Krishna Jha Prime Minister Narendra Modi has blocked the demand raised by the Opposition in the Parliament for an enquiry to be monitored by the Supreme Court or to set up Joint Parliamentary Committee to investigate the Adani group’s manipulations of the stock market and fraud and into the allegations levelled against the industrialist […]

The post Prime Minister’s Refusal To Probe The Fraud In Adani Group Smacks Of An Unholy Alliance first appeared on IPA Newspack.

By Subodh Verma The union budget for 2023-24 has unveiled a big assault on lives and livelihoods of the people. Spending on schemes and programmes that provide direct economic benefit to people has been slashed across the board. But even bigger and more alarming are the sins of omission. Key problems confronting the people have […]

The post Modi Govt’s 2023-24 Budget Proposals Have No Clue To Dealing With Job Crisis first appeared on IPA Newspack.

The feedback unit (FBU) set up by the Delhi government to check corruption allegedly collected ”political intelligence”, the CBI has found in a preliminary enquiry and recommended that an FIR be registered against Deputy Chief Minister Manish Sisodia. The AAP dispensation had proposed setting up the FBU in 2015 to gather relevant information and actionable […]

The post CBI says Delhi govt unit collected political intelligence first appeared on IPA Newspack.

SINGAPORE – Media OutReach – 9 February 2023 – PandaiSuite, an online course management platform based in Singapore, is bridging the gap between digital transformation and individual learning. Cognotiv, the parent company of PandaiSuite, is further developing an advanced and cutting-edge system that takes a systematic approach to improve efficiency in learning and training. Titled PandaiSuite Phase II, the game-changing system uses advanced technologies such as artificial […]

By Arun Srivastava It is for the first time in the history of the RSS, the proponent of politics and philosophy of Hindutva, that it has come out in the favour of a capitalist. The reason is simple: to protect the interest of its political front, the BJP, and its public face, Narendra Modi. The […]

The post India’s Crony Capitalism Thriving With Tacit Support Of State Power first appeared on IPA Newspack.

By Dr. Gyan Pathak While policies and institutional arrangements aimed at intensification and growth of the Indian agriculture sector are inevitable for the livelihoods and food security of the country’s vast population, the inclusion of land-constrained farmers especially women, therein requires certain fundamental changes in the approaches. This observation has been made in an ADBI […]

The post India Needs Fundamental Changes In Agricultural Policies first appeared on IPA Newspack.

High drama ensued in the national capital on Saturday after BJP workers gathered outside Delhi CM Arvind Kejriwal’s office and demanded his resignation over allegations made against the ruling AAP by the Enforcement Directorate (ED). BJP workers raised slogans against the ruling AAP government after ED alleged that Arvind Kejriwal’s Aam Aadmi Party used money […]

The post BJP protest to seek Kejriwal’s resignation over ED filing first appeared on IPA Newspack.

Awards encourage and support the development of technology that can save lives from natural disasters HONG KONG SAR – Media OutReach – 7 February 2023 – Prudence Foundation, the community investment arm of Prudential Plc today launches the third edition of the SAFE STEPS Disaster Tech (D-Tech) Awards. The Awards aim to find, fund, and support technology solutions that save lives before, during or after natural disaster […]

By Dr. Gyan Pathak Under normal circumstances, comprehensive and wide-ranging reforms undertaken in the economy during the last eight years, would have accelerated India’s growth. But that was not to be. The ‘culprit’ is India’s balance sheet stress caused by the credit boom in previous years. This scapegoat for deceleration of the Indian economy since […]

The post Shocks That The Indian Economy Faced Since 2014 first appeared on IPA Newspack.

HONG KONG SAR – Media OutReach – 6 February 2023 – Asendia, one of the world’s leading e-commerce logistics providers, today announced the strategic hire of Joshua Mclarin as CEO of Asendia Hong Kong/ North Asia. This is a major milestone for Asendia as Joshua will bring his expertise into helping Asendia cater for the growing market needs since its presence in North Asia in 2012. Joshua […]

The local startup ecosystem will benefit from both corporate and government funding for innovators working to create new and sustainable solutions for the packaging industry. SINGAPORE – Media OutReach – 6 February 2023 – Avery Dennison Corporation (NYSE:AVY), a global materials science and branding and information solutions company, will be funding Singapore-based startups for the AD Stretch accelerator program with support from Enterprise Singapore (EnterpriseSG), the government […]

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