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NEW DELHI: Market size of the Indian footwear industry can increase by over three times to USD 90 billion by 2030 provided a host of measures such as a ban on show imports, fiscal incentives, more design centres and Taiwanese contract manufacturers setting up shops in the country are taken, a report said on Sunday. […]

The post Footwear Industry To Hit $90 Billion Mark By 2030: Report 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.

By Nantoo Banerjee There is nothing to panic immediately about India’s current general government debt, for which the International Monetary Fund has warned that it may exceed 100 percent of the country’s gross domestic product (GDP) in the medium term, or by 2028. In its annual ‘Article IV’ consultation report, IMF said that long-term risks […]

The post India’s General Government Debt Needs To Be Controlled first appeared on Latest India news, analysis and reports on IPA Newspack.

By Arun Srivastava Increasingly, it seems that it is not the BJP per se, but the leaders of the constituents of the united opposition’s INDIA bloc are its worst enemies. While the core committee of the senior BJP leaders has been burning the midnight lamp finalising the list of the candidates, working out electoral strategy […]

The post Unpredictable Nitish Is Responsible For Weakening Of INDIA Bloc first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: Defence Minister Rajnath Singh will leave on Monday for a two-day visit to London, underscoring India’s growing defence relations with the United Kingdom (UK). He will be accompanied by a high-level Ministry of Defence (MoD) delegation, comprising senior officials from the Defence R&D Organisation (DRDO), service headquarters and the Department of Defence Production. […]

The post Rajnath Singh To Talk Defence Production In A Two-Day Visit To London first appeared on Latest India news, analysis and reports on IPA Newspack.

By Harihar Swarup As Bangladesh prepares for its 12th parliamentary polls on January 7, speculation abounds on the impact of the election outcome on Dhaka’s relationship with Delhi. From historic landmarks such as the 2015 land boundary agreement to lows during 2001-2006, when a coalition led by the current Opposition party, the Bangladesh Nationalist Party […]

The post India Needs To Impart Dynamism To Its Bilateral Ties With Bangladesh first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: India is likely to project higher economic growth estimates of around 7% for the 2023/24 fiscal year ending in March, compared with earlier government forecasts when the National Statistical Office releases its first advance GDP estimates on Friday. An increased estimate of annual gross domestic product is widely expected after the Reserve Bank […]

The post India Expected To Report Higher GDP Growth Estimates For 2023-24 first appeared on Latest India news, analysis and reports on IPA Newspack.

Economic growth is set to be a driving force in the Asia-Pacific (APAC) region in 2024, particularly in emerging markets (EMs), providing a favourable backdrop for various sectors, reported Fitch Ratings. According to Fitch Ratings, while strong real GDP expansion is anticipated in India, Indonesia, the Philippines, and Vietnam, challenges from slower Chinese growth, subdued […]

The post Economic Growth Set To Drive Asia-Pacific Region In 2024; Challenges From Slower Chinese Growth, Global Demand: Fitch first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: India’s manufacturing activity declined to its lowest level in 18 months in December, pulled down by weaker increase in factory orders and output, according to a private survey released Wednesday. The HSBC India purchasing managers’ index of manufacturing eased further to 54.9 in December compared with 56 in the previous month. However, the […]

The post Factory Activity Hits 18-Month Low In December On Weaker Order Growth first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: The economic growth in Asia Pacific will remain strong in 2024 and GDP is expected to grow by about 5 per cent in India and a host of emerging market countries, Fitch Ratings said on Wednesday. In its report titled ‘APAC Cross-Sector Outlook 2024′, Fitch said the outlooks for the banking sectors in […]

The post Growth In Asia Pacific Emerging Markets To Remain Strong In 2024: Fitch first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: India’s Mines Ministry has upped the ante as it eyes securing supplies for critical minerals specially lithium and cobalt, among others. Beyond getting into global alliances and participating across select projects; discussions are currently underway with Lat-Am nations, like Argentina, Chile and Bolivia (also called global Lithium Triangle), and Australia for acquisition of […]

The post India Plans More Auctions To Boost Access To Critical Minerals In 2024 first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: In the free-trade negotiations that India is involved in, it may end up giving up more than what it can gain, trade policy think tank said on Tuesday citing a recent study. Even in labour-intensive sectors where New Delhi is seeking parity with competitors from the developing world, it may face disappointments, the […]

The post India To Continue Giving More Under FTAs Than It Musters: Study first appeared on Latest India news, analysis and reports on IPA Newspack.

By Nitya Chakraborty The year 2023 has ended with two big wars and a few local conflicts including one in Myanmar bordering India. While the world was looking for the end of war in Ukraine during 2023, a new war with much severe death toll began in Gaza strip of Palestine in October 2023 giving […]

The post Global Politics May Witness Further Shift To Right And Authoritarianism In 2024 first appeared on Latest India news, analysis and reports on IPA Newspack.

By Nantoo Banerjee The world is finally recognizing India’s economic strength and its fast-growing market size. Going by the overall development trend, the economy is capable of growing close to 10 percent annually over the next several years. In 2023-24, the economy may reach a growth rate of seven percent. Both domestic and foreign investors […]

The post Surging Demand, Rising Investment Put India’s Economy On Top Gear first appeared on Latest India news, analysis and reports on IPA Newspack.

By Girish Linganna The Indian defence manufacturing sector has advanced significantly, largely due to the government’s ‘Make in India’ policy and emphasis on self-sufficiency. But difficulties that can hinder development in 2024 need to be addressed. So like all significant nations, India has an Army, Navy and Air Force and these wings need among other […]

The post Growth Challenges For India’s Defence Manufacturing Sector first appeared on Latest India news, analysis and reports on IPA Newspack.

By Anjan Roy Economic forecasting is always hazardous. It is more so in the current scenario. There are always any number of uncertainties about the future. But currently these are multifarious. No one really knows, including the dramatis personae, what will happen in the next week, let alone in course of the coming year. Take […]

The post New Year 2024 May Witness Far More Turmoil In Global Economy first appeared on Latest India news, analysis and reports on IPA Newspack.

By K Raveendran It is election year for the Indian economy and the footnote to the robust economic performance would pinpoint the risks of freebies and subsidy politics impacting growth. The pressures are expected to pinch hard from mid-year onwards as the drivers of growth would shift gears down by at least a couple of […]

The post India Set To Clock Highest Growth Rate In 2024 Among Major Economies first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: The global oil and gas industry is bracing for a year of significant changes in 2024, marked by a complex mix of supply concerns and economic pressures. In the past year, Brent crude, the international benchmark, experienced a notable decline from its summer highs. This trend was largely driven by an increase in […]

The post 2024 Forecasts A Tumultuous Journey For Global Oil And Gas first appeared on Latest India news, analysis and reports on IPA Newspack.

Backed by government spending on infrastructure, building, and construction, domestic steel demand is expected to remain strong in 2024. Realisations in the domestic market are expected to remain strong, even though imports could remain elevated. Eports will remain stretched across key markets, beyond Europe, in view of the global slowdown in demand. Market sources peg […]

The post Strong Domestic Steel Demand Expected In 2024 first appeared on Latest India news, analysis and reports on IPA Newspack.