By Anjan Roy The clawing back to the exchange rate of the Russian rouble to the US dollar in the recent days is not too much of a mystery. It is simply because there is no demand for the US green back from the holders of the Russian rouble. Simply speaking, the Russians are not […]
The post The Mystery Behind Russian Rouble Reverting Back To Pre-Ukraine War Level first appeared on IPA Newspack.
As Sri Lanka goes through a severe economic crisis, India is providing fuel to Colombo so that it can meet some of its immediate needs and help stabilise its domestic economy. In the past 24 hours, at total of 76,000 tonnes of fuel were delivered to Sri Lanka and the total supply of fuel under […]
The post India sends another 76,000 tonnes fuel to Lanka first appeared on IPA Newspack.
By D. Raja On behalf of the Communist Party of India, I extend REVOLUTIONARY greetings to the 23rd Congress of the Communist Party of India (Marxist). I express my sincere thanks for inviting me to the inaugural session. The 23rd Congress of the CPI(M) is taking place in Kerala, which made history for democratically electing […]
The post CPI Greets The 23rd Congress Of CPI(M) In Kannur Which Began On April 6 first appeared on IPA Newspack.
The Dubai Gold & Commodities Exchange (DGCX) recorded a monthly Average Open Interest (AOI) of 134,154 contracts during the month of March, and registered trading volume with a total value of USD 15.74 billion. In response to further inflation, policy decisions and continued geo-political conflict around the globe, there was a surge in demand for the DGCX’s G6 Currency Future Contracts during March, as it recorded a year-to-date (Y-T-D) growth […]
By K Raveendran The proposed rupee-rouble trade for oil will be a key ingredient, along with Russian insistence on rouble payments from European gas customers, in Putin’s sanctions-busting programme. The Biden administration has obviously seen the implications of an India-Russia oil deal and it is no surprise, therefore, that Washington is trying to put pressure […]
The post Rupee-Rouble Oil Deal Could Be Key Plank Of Putin’s Sanctions-Busting first appeared on IPA Newspack.
Russian Foreign Minister Sergei Lavrov is travelling to Delhi today for talks. The U.S. and Australia criticized India for considering a Russian proposal that would undermine sanctions imposed by America and its allies, showing a deepening rift between the emerging security partners as Foreign Minister Sergei Lavrov traveled to Delhi for talks. “Now is the […]
The post US says India’s Russia talks ‘deeply disappointing’ first appeared on IPA Newspack.
By K Raveendran The currency stand-off in the global gas market, triggered by Russian president Vladimir Putin’s announcement that Russian gas will henceforth have to be paid in roubles instead of dollar and euro is keeping the market on tenterhooks. It has upset the calculations of all important stake holders, including India, which has been […]
The post Putin’s Gambit In Demanding Rouble Payments Takes Issues Beyond Pricing first appeared on IPA Newspack.
The Dyson Zone™ is Dyson’s first wearable purifier, capturing city pollution including gas, allergens and particulate matter and cancelling unwanted noise with advanced noise cancellation and pure, high-fidelity audio. HONG KONG SAR – Media OutReach – 30 March 2022 – Today, Jake Dyson has unveiled the Dyson Zone™ air-purifying headphones, Dyson’s first step into wearable technology. The Dyson Zone™ is a set of noise cancelling, high fidelity […]
SINGAPORE – Media OutReach – 29 March 2022 – Following the success of its 2nd edition of Borsa Vini Italiani, the one-day trade exhibition will return to Singapore for its 3rd edition this November, bringing together a new selection of spectacular Italian wines that will sure to impress local wine buyers, connoisseurs and sommeliers. Borsa Vini 2022 is organised by the Italian Trade Agency (ITA). This year […]
By Prabhat Patnaik The juggling which US imperialism has to do to maintain its hegemony becomes more bizarre by the day. First, it kept needling Russia (“provoking the bear”) “on behalf of the western alliance” by expanding NATO to its very borders, knowing full well that Ukraine’s joining NATO would be totally unacceptable to Russia. […]
The post The Bizarre Case Of United States Imposing Sanctions Against Russia first appeared on IPA Newspack.
Ribena Is Now More Than Just Blackcurrants – Taste the Refreshing Goodness of Strawberries! KUALA LUMPUR, MALAYSIA – Media OutReach – 25 March 2022 – If you’re craving an exciting sip of something fruity and thirst-quenching, reach for Ribena’s berry-special newly launched offering – the refreshing Ribena Simply Strawberry range of drinks! The Ribena Simply Strawberry range packs a delightful burst of delicious, juicy strawberry flavour in […]
By Sushil Kutty It’s been a month since Russia invaded Ukraine. So long in the battlefield and even Changez Khan’s hordes would have ended their campaign and returned home to the Manchurian steppe. But Putin’s army is not returning home even as we are being told that the Russian troops do not have their hearts […]
The post President Putin Is Still In His Own Created Mess In Ukraine After One Month Of War first appeared on IPA Newspack.
By Anjan Roy The Reserve Bank governor, Shaktikanta Das, has reiterated that the primary objective of the monetary would continue to be price stability. In an environment of unprecedented uncertainty and flux, maintaining stable price line could be a daunting task. All principal variables which would critically determine the curse of prices in the economy […]
The post Ensuring Price Stability In Economy Must Be RBI’s Prime Focus first appeared on IPA Newspack.
By Nantoo Banerjee There were writings on the wall. Only India’s official economists seemed to have failed to read and report to the government. Oil rally was expected to continue through 2022 as demand outstripped supply. By January 29, this year, oil posted its sixth straight weekly gain as a growing global chorus predicted the […]
The post Surging Inflation Can Upset India’s Economy first appeared on IPA Newspack.
By Ashis Biswas It is their shared colonial past that brings together the three major South Asian countries — India, Pakistan and Bangladesh — into adopting a neutral, hands-off approach on the current war raging in Ukraine. Ignoring bitter local disputes and a notoriously conflicted relationship affecting all three countries at times, three disparate ruling […]
The post View From Dhaka: Is South Asia Defying Western Bloc On Ukraine? first appeared on IPA Newspack.
By K Raveendran The massive humanitarian crisis caused by Russia’s invasion of Ukraine is engaging the attention of all concerned. The pain and suffering caused by the war to innocent people, manifesting in some three million seeking refuge in Ukraine’s European neighbour states provide unbearable visuals. But away from public gaze, vulnerable sections even far […]
The post Ukraine Aftermath To Hit Vulnerable Populations Around The World first appeared on IPA Newspack.
Russia’s central bank has granted Sberbank PJSC, the nation’s biggest lender, a license to issue and exchange digital assets. Using Sber’s platform, companies can issue their own digital assets to attract market investments, buy digital assets through Sber’s system, or make other digital assets transactions, the bank said in a statement Thursday. “We are just starting our work with digital assets,” said Sergey Popov, director of the transaction business […]
By Arun Kumar Shrivastav Almost 3 weeks into the war, the Russian invasion of Ukraine has numbed all of us. The recurring images of lofty neighbourhoods bustling with life and laughter turning into lifeless concrete with no signs of humans have left most of us unsettled. The idea of protection of the Russian people and […]
The post Bitcoin Is The Only Winner In The Foolhardy Russia-Ukraine War first appeared on IPA Newspack.
By Dr. Gyan Pathak Small and Medium-sized enterprises are widely regarded as the backbone of economies around the world. Their contribution to gross domestic product and exports is unique and they employ a greater share of population than many bigger enterprises globally. In Asia they typically comprise more than 90 per cent of enterprises while […]
The post SME Sector Facing Insurmountable Challenges first appeared on IPA Newspack.
By James M Dorsey The Ukraine crisis may constitute a more impactful, historic watershed than the 1989 fall of the Berlin wall in the mind of Singapore Foreign Affairs Minister Vivian Balakrishnan. Russia’s invasion of Ukraine is “perhaps even a bigger moment than the fall of the Berlin Wall,” Balakrishnan said. “We believe we are at an inflection point,” he added. “Little Singapore is standing up for principles and […]
By K Raveendran The impact of Russia’s Ukraine war on the energy sector, particularly oil and gas, as well as commodities, has been too dramatic to be missed by anyone, including consumers in the remotest part of the world. But what is causing new concern is how the war is pushing coal prices to unprecedented […]
The post Coal Prices Set To Double Under Impact Of Russia’s Ukraine War first appeared on IPA Newspack.
London, United Kingdom – News Direct – 15 March 2022 – Today, more than 200 civil society organisations – including Climate Action Network, the Clean Lighting Coalition, European Environmental Bureau and South Africa Climate Change Coalition – have sent an open letter to Rosa Vivien Ratnawati, President of the United Nations Minamata Convention on Mercury COP4 demanding the end to exemptions for toxic mercury-containing fluorescent lighting products. […]
Arabian Post Staff UAE’s Bukhatir group has announced the launch of $5 billion Tunis Sports City on the northern shores of the Lac de Tunis. The project will offer a new modern face to the Tunisian capital. In addition to the sports component, which will include the creation of a stadium and four sports academies, which are already targeted by major European clubs, Tunis Sports City will […]
By Nantoo Banerjee The Russian attack on Ukraine seems to have given a wakeup call to countries in Europe and Asia to substantially step up their annual defence expenditure to protect themselves from possible external assault. Given the ominous security situation in Europe, a number of countries, including Germany, Sweden, Romania, Latvia, Finland, the Netherlands […]
The post Several Countries Plan To Step Up Military Spending first appeared on IPA Newspack.
