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Maktoum bin Mohammed meets with Ren Deqi, Chairman of China’s Bank of Communications

DUBAI, 21st October, 2023 (WAM) — His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, F

Maktoum bin Mohammed meets Chairman of China’s Bank of Communications

Chinese carrier starts daily direct flight to Doha

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 […]

India Says Procurement Helped In Food Security

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.

Looking To Cut Debt Burden: FM

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 Pushes Back Against Russia’s Demands To Pay For Oil Imports In Yuan

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.

Hamas-Israel War, If Not Contained, Has Potential To Damage Global Economy

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.

Chinese Yuan Beats Euro, Is 2nd Most Used Currency In Global Payments System SWIFT

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.

The premiere of the “Chinese Folk Song Gala” by China Media Group has ignited widespread discussion

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 […]

A bullish macro ballast on Dalal Street

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 […]

Strengthening US Dollar Is A Global Risk: RBI Paper

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.

No Caps Or Country-Specific Curbs Under New Laptop Import Policy

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.

Centre Clicks Enter For Online Nod To IT Hardware Imports

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.

Anlev Achieves New Milestones for Global Expansion

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 […]

GDP To Grow At 6.5-6.8% In FY24; Festive, Govt Spends Key Drivers: Deloitte

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.

India-China To Contribute Half Of World’s Growth In 2023, 2024: IMF

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.

IT Hardware Importers May Require Global Certification

The government may ask laptop, server and other IT hardware importers to provide an international certification attesting that their product is from a trusted source before allowing a licence-free import of it, people in the know of the matter told ET. This certification, one of the people said, could be from an international organisation. This […]

The post IT Hardware Importers May Require Global Certification first appeared on Latest India news, analysis and reports on IPA Newspack.

Virtuous Innovation Goes on Full Display at the 2023 OPPO Inspiration Challenge Global Final Demo Event

Five winning teams were selected as winners of the 2023 OPPO Inspiration Challenge in recognition of their innovative solutions in the “Inspiration for People” and “Inspiration for the Planet” categories Winners of the People’s Choice and Media Choice Awards were also announced at the event SINGAPORE – Media OutReach – 19 October 2023 – OPPO yesterday announced the five winning proposals of 2023 OPPO Inspiration Challenge following […]

ULI and Chinachem Group Unveil Inaugural Senior Housing Report on Investment Potential in Hong Kong

Call for stronger ageing policies and public/private collaboration to develop senior housing market HONG KONG SAR – Media OutReach – 19 October 2023 – Nearly one in three residents in Hong Kong will be seniors aged above 65 by 2038 and 70 per cent may require healthcare support due to chronic diseases. Yet, there is a shortage of senior housing units available in the market to meet […]

‘UAE determined to promote sustainable development, prosperity, stability, peace for people around the world’: Ruler of Ras Al Khaimah

On behalf of UAE President, Ruler of Ras Al Khaimah attends opening of Third Belt and Road Forum for International Cooperation in Beijing

Bulk Drug Imports From China Slow, Shows Data

MUMBAI: There is still some way until India’s dependence on imports of active pharmaceutical ingredients (APIs) and intermediates from China reduces, but the growth rate of imports has come down. While the production-linked incentive (PLI) scheme for bulk drugs (APIs) has boosted local production of some key APIs here, industry insiders say it would take […]

The post Bulk Drug Imports From China Slow, Shows Data first appeared on Latest India news, analysis and reports on IPA Newspack.

Next Forty Eight Hours Are Crucial For Hamas-Israeli War

By Nitya Chakraborty The Hamas-Israeli war entered its 12th day on Wednesday with the clashes between two sides intensifying leading to all the possibility of being turned into a dreadful regional war. So far more than three thousand Palestinians have been killed, including about five hundred who were killed when a hospital was bombed in […]

The post Next Forty Eight Hours Are Crucial For Hamas-Israeli War first appeared on Latest India news, analysis and reports on IPA Newspack.

India To See ‘Healthy Growth’ In Steel Demand At 8.6% In 2023: Worldsteel

NEW DELHI: The demand for steel in India is expected to register a ‘healthy growth’ of 8.6 per cent against the overall global rise of 1.8 per cent in 2023, worldsteel said on Tuesday. It forecasts that global steel demand will grow 1.8 per cent in 2023 and reach 1,814.5 MT after having contracted by […]

The post India To See ‘Healthy Growth’ In Steel Demand At 8.6% In 2023: Worldsteel first appeared on Latest India news, analysis and reports on IPA Newspack.