Matein Khalid The horror story unfolding in China’s property developer stocks and shadow banking system is pure Lehman 100X whose contagion is now guaranteed to spread from the Dragon Empire on an intercontinental scale at the speed of light. Mr. Hui, once the richest Chinese alive after Li Ka-shing, is now in jail as Evergrande becomes the most spectacular property developer to fail in world history. Evergrande […]
NEW DELHI: India will become the world’s third-largest economy, overtaking Germany and Japan, by 2030 on the strength of its youthful demographic profile and rapidly rising urban household incomes, S&P Global Market Intelligence has projected. Now India is in fifth position. That will result in India becoming the second-largest economy in the Asia-Pacific region, after […]
The post India Set To Be World’s Third-Largest Economy By 2030, Says S&P Global first appeared on Latest India news, analysis and reports on IPA Newspack.
By Debabrata Biswas from Boston, USA After eighteen days of the surprise attack by Hamas on Israel, the return onslaught against Gaza strip continues. The Hamas attack resulted in the killing of 1400 Israelis and abducting of more than 200 others, leading the Israeli govt. to declare war on the Palestinians in Gaza and even […]
The post Worst Humanitarian Disaster Is Happening In Gaza Strip As Israel Gets Free Hand first appeared on Latest India news, analysis and reports on IPA Newspack.
NEW DELHI: India has settled international trade worth over $2.5 billion in rupee after the Reserve Bank of India (RBI) facilitated this in July last year, according to a senior official. Much of the trade settlement in rupee has been with Russia, Sri Lanka and three-four other countries, he said. Though this shows a pick-up […]
The post Rupee Trade Worth $2.5-Billion Since July 2022 RBI Move first appeared on Latest India news, analysis and reports on IPA Newspack.
NEW DELHI: India’s 5G rollout speed may be one of the fastest in the world in just a year of launch. But where the country is falling behind is in the adoption of private captive networks by its enterprises. India lags behind the US, Japan, Germany, UK and China, among other geographies, on this parameter, […]
The post A Year After Rollout, Private 5G Struggles To Find Takers first appeared on Latest India news, analysis and reports on IPA Newspack.
By C.J. Atkins WASHINGTON—Playing the part of classic Cold Warrior in his Thursday night Oval Office speech, President Joe Biden made a sales pitch for a permanent war economy, using democracy as a prop to convince the American people that he needed $105 billion to spend on weapons for Israel, Ukraine, and—unmentioned in his remarks—Taiwan. […]
The post Biden’s Israel-Ukraine Money Appeal Envisions War-Based Economy first appeared on Latest India news, analysis and reports on IPA Newspack.
HONG KONG SAR – Media OutReach – 20 October 2023 – The 36th Tokyo International Film Festival (“TIFF 2023”) will open on October 23. The organizers previously announced that Chinese director Gu Xiaogang has garnered the “2023 Kurosawa Akira Award”, and Chinese actress Zhao Tao will serve as a fellow juror under the International Competition Jury section. Several Chinese films, including “Dwelling by the West Lake” (草木人間), […]
HONG KONG SAR – Media OutReach – 19 October 2023 – Cushman & Wakefield, a leading global real estate services firm, today released its Hotels – Checking out boutique neighbourhood hotels in mainland China report. The general hotel market Mainland China domestic tourism According to the latest data released by the National Bureau of Statistics (China) and the China Tourism Academy, as of the first half of […]
Arabian Post Staff Xiamen Airlines has become the first Chinese carrier to offer direct flights from China to Qatar. On October 20, a Boeing-787 of Xiamen Airlines departed from Beijing Daxing International Airport for Hamad International Airport in Doha, Qatar, commencing regular flights between Beijing and Doha. This year marks the 35th anniversary of the establishment of diplomatic relations between China and Qatar, and the 10th anniversary […]
NEW DELHI: Slamming the US, the European Union, Japan, Australia and Brazil, which are seeking to limit spending on procurement of rice and wheat by agencies such as FCI, India has asked them to shed their “arrogance” and agree to reforming the global trade regime, as its public procurement scheme had helped feed a large […]
The post India Says Procurement Helped In Food Security first appeared on Latest India news, analysis and reports on IPA Newspack.
NEW DELHI: Finance minister Nirmala Sitharaman said on Friday that the government is looking at reducing its debt burden further and has already resorted to prudent spending by resisting the temptation of fiscal profligacy, especially after the pandemic, to avoid burdening future generations. In her inaugural speech at the Kautilya Economic Conclave 2023 in the […]
The post Looking To Cut Debt Burden: FM first appeared on Latest India news, analysis and reports on IPA Newspack.
India is rejecting pressure from Russian oil suppliers to pay for crude imports in the Chinese currency as tensions between New Delhi and Beijing continue to simmer. Some Russian oil suppliers are demanding payment in yuan, according to a senior Indian official directly involved in the negotiations and another senior person at a state-owned oil […]
The post India Pushes Back Against Russia’s Demands To Pay For Oil Imports In Yuan first appeared on Latest India news, analysis and reports on IPA Newspack.
By Nilanjan Banik Joseph Campbell, author of “The Hero with a Thousand Faces” and scholar on comparative religions, once recounted a Japanese story. A samurai hunted down his master’s killer and was about to decapitate him when the assassin spat in the samurai’s face. The enraged samurai immediately returned his sword to the sheath and […]
The post Hamas-Israel War, If Not Contained, Has Potential To Damage Global Economy first appeared on Latest India news, analysis and reports on IPA Newspack.
NEW DELHI: The Chinese yuan has surpassed the euro to become the world’s second-most used currency in SWIFT trade settlements, according to data from the international SWIFT system. This marks a significant milestone in China’s efforts to internationalise its currency. As of September 2023, the yuan accounted for 5.8% of international payments, up from 4.82% […]
The post Chinese Yuan Beats Euro, Is 2nd Most Used Currency In Global Payments System SWIFT first appeared on Latest India news, analysis and reports on IPA Newspack.
BEIJING, CHINA – Media OutReach – 21 October 2023 – On the evening of October 9th at 8:00 pm, the “Chinese Folk Song Gala” produced by China Media Group (CMG) was broadcasted on CCTV-1 , alongside platforms such as CCTV Literature and Art, China Media Group Mobile, and www.cctv.com, spurring extensive discussion. Starting from October 14th, at 7:30 pm every Saturday, the program will be simultaneously aired […]
Matein Khalid While hardly news to the cognoscenti of Dalal Street and Planet Desiwalla, India’s stock market has been on a roll and it seems as if everyone of the 330 million gods in the Hindu pantheon were cheerleaders for its bullish macro ballast. If James Bond has a license to kill, India is a license to make money since the end of the near biblical macro […]
MUMBAI: The Reserve Bank of India’s (RBI’s) ‘State of the Economy’ report has flagged the US dollar’s continued strengthening as a global risk. This will further tighten financial conditions, according to the report, despite India adding more to its foreign exchange (forex) reserves than any other major country holding forex reserves. “Even as energy importers […]
The post Strengthening US Dollar Is A Global Risk: RBI Paper first appeared on Latest India news, analysis and reports on IPA Newspack.
NEW DELHI: The government on Thursday sought to allay the concerns over the decision to put imports of certain computer hardware in restricted category, with mandatory licensing, by coming up with a liberal authorisation process. In what would provide relief to the importers, which include the likes of Apple, Dell, HP and Samsung, the new […]
The post No Caps Or Country-Specific Curbs Under New Laptop Import Policy first appeared on Latest India news, analysis and reports on IPA Newspack.
NEW DELHI: India, on Thursday, launched a new online system of authorisation for import of laptops, tablets, and personal computers, aiming to monitor shipments of such hardware without hurting supply. The restriction-free system comes two months after the announcement of a licensing regime for these products. Director General of Foreign Trade (DGFT) Santosh Kumar Sarangi […]
The post Centre Clicks Enter For Online Nod To IT Hardware Imports first appeared on Latest India news, analysis and reports on IPA Newspack.
HONG KONG SAR – Media OutReach – 18 October 2023 – Analogue Holdings Limited (“Analogue” or the “Company”, together with its subsidiaries, collectively the “Group”) (stock code: 1977), a leading electrical and mechanical (“E&M”) engineering service provider in Hong Kong, is pleased to announce its global brand of lifts, escalators and moving walkways, Anlev Elevator Group (“Anlev“), has completed the acquisition of two lift companies in the […]
NEW DELHI: Deloitte India on Wednesday said it expects GDP growth in the current fiscal to be in the range of 6.5-6.8 per cent primarily due to upcoming festive spending as well as higher government expenditure before the national elections mid-next year. In its India economic outlook report, released earlier this month, Deloitte said India […]
The post GDP To Grow At 6.5-6.8% In FY24; Festive, Govt Spends Key Drivers: Deloitte first appeared on Latest India news, analysis and reports on IPA Newspack.
NEW DELHI: India and China are projected to jointly contribute about half of the world’s growth in both 2023 and 2024, the International Monetary Fund (IMF) said in its latest Regional Economic Outlook (Asia and Pacific) report. India’s economy is projected to grow at 6.3% in FY24 and FY25 – the fastest among the major […]
The post India-China To Contribute Half Of World’s Growth In 2023, 2024: IMF first appeared on Latest India news, analysis and reports on IPA Newspack.
