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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.

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 […]

HONG KONG SAR – Media OutReach Newswire – 14 December 2023 – Kerry Logistics Network Limited (‘Kerry Logistics Network’, ‘KLN’; Stock Code 0636.HK) is delighted to be recognised for its outstanding achievements in investor relations (‘IR’) by IR Magazine Awards – Greater China (the ‘Awards’) 2023. It has won the Best in Sector: Industrials accolade, while Iris Tsang, Senior Manager – Investor Relations, was named the Best […]

The Summit drew participation with representatives from 27 nations HONG KONG SAR – Media OutReach Newswire – 14 December 2023 – The MIPIM Asia Summit, a premier property event in the Asia Pacific region, concluded on a high note, surpassing all expectations on attendance and business connections with representatives from 27 nations. The event, held on 5 and 6 December 2023 at the prestigious Grand Hyatt in […]

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.

NEW DELHI: India’s steel mills have again held back on export offers, apart from the European Union, for three months now given stiff competition from China that continues to be 10-20 per cent lower-than-expected market rates. Mills here placed the last export offers at $660 per tonne (for benchmark hot rolled coils) against which the […]

The post Indian Steel Mills Continue To Hold Back Export Offers To South East Asia, Middle East In December, Green Shoots Seen In EU first appeared on Latest India news, analysis and reports on IPA Newspack.

By K Raveendran It is no surprise that COP28 Dubai has proceeded the way it has. As member countries grappled with how to formalise and approach towards the most sensitive issue of fossil fuels, the climate summit had to be extended to try and work out a consensus. According to latest reports emerging the vibrant […]

The post COP28 May Have Avoided A Showdown, But Conflict Points Remain Largely Unresolved first appeared on Latest India news, analysis and reports on IPA Newspack.

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BAISIHAN OverCloud, a leading bedding brand known for luxury comforters and duvets, has recently released their most innovative down-filled bedding yet – the new Luxurious Down Duvet. Los Angeles, California, USA – December 12, 2023 — Crafted with an ultra-plush 800 fill power and ethically-sourced premium white down, it aims to redefine superior comfort and warmth for all seasons. With its cloud-mimicking feel, efficient insulation, and enduring […]

NEW DELHI: The National Statistical Commission (NSC) is examining the working group report on the roadmap for introducing the Producer Price Index (PPI) in India to replace the Wholesale Price Index (WPI) and their recommendations are awaited, a senior official said Monday. “The working group submitted the report some time back. It (the entire issue […]

The post India May Switch From WPI To New Index first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: Government on Monday said that since 99 per cent local mobile phone market is being met through domestic manufacturing now, companies need to export by improving competitiveness and enhancing value addition, for next phase of growth. Government’s focus is now on boosting electronics component manufacturing in the country and new scheme for the […]

The post New Schemes In Works For Electronics Component Manufacturing: MeitY Secretary first appeared on Latest India news, analysis and reports on IPA Newspack.

DUBAI, UNITED ARAB EMIRATES – Media OutReach Newswire – 12 December 2023 – Recently, 198 Parties gathered in Dubai, the United Arab Emirates (UAE), to attend the 28th meeting of the Conference of the Parties to the United Nations Framework Convention on Climate Change (COP28). Their aim is to find solutions for humanity in the race against time to combat the climate crisis. Participating guests perform the […]

DUBAI, UNITED ARAB EMIRATES – Media OutReach Newswire – 12 December 2023 – Russian Business Day, held on December 11 at the COP28 UN Climate Change Conference in Dubai, demonstrated that Russian companies continue to fulfill their climate commitments and contribute to the global effort to combat global warming. The oil petrochemical company SIBUR is making confident strides towards achieving its climate goals. These goals include reducing […]

BEIJING, CHINA – Media OutReach Newswire – 7 December 2023 – China International Supply Chain Expo (CISCE), hosted by China Council for the Promotion of International Trade (CCPIT), was held in Beijing recently. Watch the 39-second video: http://www.ecns.cn/video/2023-12-06/detail-ihcvqepi7488707.shtml CISCE has established a new platform for global industrial cooperation and communication, said plenty of international enterprises. Their unwavering confidence in the Chinese market propels them to root themselves […]

BEIJING, CHINA – Media OutReach Newswire – 7 December 2023 – Tea is one of the world’s top three beverages. China is the world’s first country to both make and consume tea. Wuyi Mountain in China’s Fujian Province gave birth to the Chinese black tea. Wuyi Mountain in China’s Fujian Province. Along the ancient trade routes, black tea from Wuyi Mountain gained immense popularity among Europeans, gradually […]

HONG KONG SAR – Media OutReach Newswire – 7 December 2023 – Today, KGI Asia has released its 2024 Global Market Outlook, which covers Mainland China, Hong Kong, Taiwan, the US, Singapore, and Indonesia. (From left to right) James Chu, Chairman at KGI Investment Advisory and Kenny Wen, Head of Investment Strategy at KGI Asia The chances of a soft landing in the United States continue to […]

High Interest Rates Set to Impact Residential Prices Through 1H 2024, End-Users to Drive CRE Investment Market 2023 YTD Grade A office net absorption (as of mid-November) was negative at –267,100 sq ft NFA; rents remained under pressure, down 7.2% YTD. The retail market continued its gradual recovery process, with average high street vacancy rates in Q4 dropping further to 8.2%; high street rents increased in a […]

James M Dorsey The United Arab Emirates walks a geopolitical tightrope, juggling big power rivalries and mounting regional instability fuelled by the Gaza war.  Putin’s movements beyond the confines of Russia are restricted. Signatories of the Rome Statute that established the International Criminal Court are obliged to arrest Putin against whom the court has issued a Ukraine-related international arrest warrant. Visiting the UAE and Saudi Arabia was a […]

HONG KONG SAR – Media OutReach – 8 December 2023 – Hong Kong-based WOW Technology Holding Group Company Limited (“WOW Technology” or the “Group”) is pleased to announce it has become a member of the Guangdong-Hong Kong-Macao Supercomputing Interconnection Overseas Network. Along with the accelerated technological innovation and strategic industry development in the Greater Bay Area, to further promote computing power integration into the grid, the Group […]

In view of its defeat in the recently concluded Assembly elections, the Congress party is set to hold a meeting on Friday to review its poll performance in three states – Madhya Pradesh, Chhattisgarh and Rajasthan. The meeting will be chaired by party president Mallikarjun Kharge, while central leadership and state leaders are also expected […]

The post Cong meeting today to review results of assembly polls first appeared on Latest India news, analysis and reports on IPA Newspack.

MUMBAI: India is seen as a rising star among Asian peers, besides Indonesia and the Philippines, and is expected to be among the fastest growing economies in the region in 2024, Nomura said on Wednesday. India’s GDP, Numura believes, will expand at 5.7% in 2024. The projection reinforces the popular view of a pause in […]

The post India Will Be Among Fastest Growing Asian Economies In 2024: Nomura first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: In a development that will deepen India’s local value addition in the mobile and electronics manufacturing chain, Apple has asked its suppliers to make batteries for its forthcoming iPhone 16 domestically. This is part of the company’s plans to shift its global supply chain out of China. According to a Financial Times report, […]

The post Apple Pushes For Indian Batteries; Move Part Of Shifting Out Of China first appeared on Latest India news, analysis and reports on IPA Newspack.

HONG KONG SAR – Media OutReach Newswire – 7 December 2023 – ZJLD Group Inc. (“ZJLD” or the “Company”, together with the Company’s subsidiaries, collectively the “Group”; SEHK stock code: 06979. HK), the fourth largest private-owned baijiu enterprise in China, is pleased to announce it has been rated as one of the Top 100 Best ESG Practices among all listed companies in Greater China by Wind, a […]

Share of regional cross-border investment within Asia Pacific reached a 6-year high at 18% in Q3 2023 Mainland China investors dominated local CRE market activity in Q3 to take an all-time high of 96% of total quarterly investment volume HONG KONG SAR – Media OutReach Newswire – 7 December 2023 – Asia-based capital continued to dominate the commercial real estate (CRE) investment market in Asia Pacific this […]

HONG KONG SAR – Media OutReach Newswire – 7 December 2023 – Hong Kong’s economy is expected to grow slightly in 2024, CPA Australia’s latest survey on Hong Kong’s economic and business outlook indicates. The survey results also show anticipated weak demand has led many companies to be more conservative in their 2024 business forecasts and switch to more prudent strategies. Soaring interest rates will continue to […]

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