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By Prabhat Patnaik Under pressure from globalised finance capital, most countries of the world have enacted legislation fixing the size of the fiscal deficit as a proportion of GDP; generally it is 3 percent, and in India it is 3 per cent for the centre and 3 per cent for the states. The US however […]

The post US Debt Ceiling Programme Of President Joe Biden Is Beset With Contradictions first appeared on IPA Newspack.

HONG KONG SAR – Media OutReach – 19 May 2023 – Telefield Medical Imaging (TMI) Limited is the world’s leading provider of AI 3D ultrasound imaging technology, equipment and solutions. It offers a pioneering radiation-free 3D ultrasonic scoliosis assessment system called Scolioscan, which provides novel solutions for safe and efficient scoliosis assessment. The company has gained recognition and support from many well-known investment institutions and completed the […]

Xapo Bank highlights a strong appetite since enabling USDC deposits in November, receiving $48 Million in USDC deposits and enabling $4.5M in USDC withdrawals since the function went live in March* BANGKOK, THAILAND – Media OutReach – 18 May 2023 – Xapo Bank, a fully licensed private bank that combines traditional banking with access to Bitcoin and stablecoins, has become the first bank in the world to […]

QINGDAO, CHINA – Media OutReach – 17 May 2023 – Initiating a comprehensive global expansion, Haier has implemented the “localization strategy,” achieving genuine localization from research and development, manufacturing, to marketing. Focusing on the needs of Thai users, Haier has innovatively launched differentiated home appliances that align with local customs and preferences, garnering high praise from its users. Video Link: https://youtu.be/1zwyM5wIt20 Taking air conditioning as an example, […]

Xapo Bank highlights strong appetite since enabling USDC deposits in November, receiving $48 Million in USDC deposits and enabling $4.5M in USDC withdrawals since the function went live in March* BANGKOK, THAILAND – Media OutReach – 16 May 2023 – Xapo Bank, a fully licensed private bank that combines traditional banking with access to Bitcoin and stablecoins, has become the first bank in the world to integrate […]

BEIJING, CHINA – Media OutReach – 16 May 2023 – Cedrus Group (“Cedrus”), a global Swiss financial group, is pleased to announce that it has signed a collaboration agreement with Xiuzheng Pharmaceutical Group (“Xiuzheng”) in March 2023. Xiuzheng is a renowned Chinese pharmaceutical major; namely, it engages in R&D, production and marketing of patent medicine, chemical and biological medicine, franchise operation of pharmacies, and standardized cultivation of […]

Arabian Post Staff Abu Dhabi Motorsports Management (ADMM) and Flash Entertainment (Flash) have officially integrated their activities and operations, combining the complementary expertise of the two entities to launch a new powerhouse that will shape the future of events, entertainment, and venue management throughout the Middle East and beyond. The company has been named ‘Ethara’ – meaning ‘thrill’ in Arabic – and launches today (May 15). Its […]

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By Nitya Chakraborty The resounding victory of the Congress Party in the Karnataka assembly elections less than a year before the holding of the Lok Sabha polls in April/May 2024 has given a big boost to the Party and its leaders the Congress president Mallikarjun Kharge and Rahul Gandhi. For the Grand Old Party, this […]

The post After Karnataka, Combined Opposition Can Now Face Lok Sabha Polls With Bigger Confidence first appeared on IPA Newspack.

By Nantoo Banerjee It is unfortunate that manufacturing is losing focus in India while all eyes are on so-called rapid growth of the services sector. Advertising and marketing campaigns have been peaking to impress consumers as well as investors while the manufacturing sector continues to struggle silently for growth. Barring in the areas of defence […]

The post Time Looks Tough For India’s Manufacturing-Led Growth first appeared on IPA Newspack.

Increasing business momentum lays a solid foundation for second quarter onwards Highlights and achievements of Q1 FY23 Revenue increased by 32% YoY to reach JPY 5.6 billion Gross profit reached JPY 2.8 billion with a 32% YoY growth rate EBITDA profit increased by 60% YoY with 8% margin on a FX-neutral basis Achieved 24.4% YoY growth in customer numbers with last twelve months net revenue retention of […]

By S. Sethuraman True to predictions, Karnataka goes back to the Congress and its spectacular margin over ruling BJP not only reflects the strong anti-incumbency factor but also the negativity of all serious efforts of Prime Minister Narendra Modi with bombastic roadshows for a turnaround. The third force in the State, JD(S) of Mr Deva […]

The post Congress Regains Karnataka But Harder Tasks Ahead For Battle 2024 first appeared on IPA Newspack.

Chief Minister Naveen Patnaik, who is on a four-day visit to New Delhi, met Prime Minister Narendra Modi on Thursday. Patnaik said that the state’s demands and the upcoming international airport in Puri dominated the discussions. The chief minister also put forth four demands  during the meeting. “Discussions were mainly related to Odisha’s demands. I […]

The post Naveen Patnaik rules out third front after meeting PM first appeared on IPA Newspack.

NEW YORK, US – Media OutReach – 12 May 2023 – USDToch provides a lending solution for DeFi 2.0. Building on the existing enhanced capital utilization enabled by over-collateralized lending, it further enhances the investment returns on the staking side. It also plans to introduce traditional assets into the DeFi lending system in the form of RWA soon. Lending is one of the oldest economic activities in […]

By Dr. Gyan Pathak The unanimous verdict delivered on May 11 by a five-judge constitutional bench of the Supreme Court of India on power struggle in Delhi between the elected government of the National Capital Territory and the Centre’s steps of usurping the powers of the state is significant for the country, since Modi government […]

The post Centre Can’t Usurp Powers Of The Ruling State Governments first appeared on IPA Newspack.

20th Anniversary of Yonyou Hong Kong HONG KONG SAR – Media OutReach – 11 May 2023 – Yonyou Network Technology (600588.SS) held the Yonyou BIP Globalization 2.0 Strategy Launch Conference in Hong Kong on May 9, 2023, introducing the globalization 2.0 strategy ‘New Products, New Solutions, New Regions’. This event marked the full-scale promotion of Yonyou’s cloud service product, Yonyou BIP, and the release of new finance […]

SINGAPORE – Media OutReach – 11 May 2023 – Singapore-based tech-enabled coffee chain Flash Coffee has announced the successful completion of its Series B financing round led by White Star Capital, raising a total of US$50 million following its latest closing. Existing investors including White Star Capital, Delivery Hero, Geschwister Oetker, and Conny & Co, participated in the financing round – with several of them further increasing […]

SINGAPORE – Media OutReach – 10 May 2023 – Tishman Speyer, a leading global developer, owner, operator, and investment manager of premier real estate, and Raffles Family Office (“RFO”), a leading commercial multi-family office (“MFO”) in Asia, have established a new partnership to launch the Tishman Speyer/Raffles Family Office APAC Opportunity Fund I (the “Fund”). The Fund targets value add and opportunistic investments within key real estate […]

By Arun Srivastava Manipur chief minister N Biren Singh shirking of his moral accountability to resolve the differences between the two communities Meities and Kukis, and instead blaming the “prevailing misunderstandings between two sections of society” on the issue of inclusion of the majority Meitei community in the Scheduled Tribes (ST) category has been primarily […]

The post BJP’s Inner Rivalry And RSS Bid For Expansion Have Contributed To Manipur Violence first appeared on IPA Newspack.

By Tirthankar Mitra Pep talk and tall talk are separated by a wide gulf. Unofficial number two in Trinamool Congress hierarchy Abhishek Banerjee’s recent claim of his party bagging 40 out of 42 seats from West Bengal in next year’s Lok Sabha elections will be taken as pep talk by many among his party faithful; […]

The post Abhishek Banerjee’s Claim On Trinamool Getting 40 Seats In Lok Sabha Is Not A Tall Talk first appeared on IPA Newspack.

As the high-voltage campaign for the May 10 assembly elections in Karnataka ended, Prime Minister Narendra Modi on Tuesday made the final appeal to voters to elect the ‘double engine’ BJP to make it the ‘number one’ state in the country. Reiterating promises made in BJP’s manifesto for Karnataka, the Prime Minister, in an open […]

The post Modi writes open letter to voters on polling-eve first appeared on IPA Newspack.

Philippines’ small businesses top growth forecast for second consecutive year. Seven-in-10 found investment in technology improved profitability in 2022. Rising costs, particularly materials, were most detrimental to businesses. MANILA, PHILIPPINES – Media OutReach – 9 May 2023 – Nearly nine-in-10 Filipino small businesses expect to grow this year, with technology investment driving momentum. That’s according to a new survey by one of the world’s largest professional accounting […]

By Nantoo Banerjee It is difficult to understand why the government is in such a tearing hurry to auction the recently discovered large lithium reserves in Jammu & Kashmir’s Reasi district before the end of the current year itself. The secretary to the Union Ministry of Mines, Vivek Bharadwaj, said the ministry had written to […]

The post Militancy Makes Lithium Mining In J&K A Challenging Task first appeared on IPA Newspack.

SINGAPORE – Media OutReach – 4 May 2023 – Landmark Commerce Pte. Ltd. (hereinafter referred to as “Landmark”), is a wholly-owned subsidiary of the KVB Global Capital Group and has recently commenced its operations in Singapore after acquiring a Major Payment Institution (MPI) license from the Monetary Authority of Singapore. Singapore enterprises now have access to Landmark’s comprehensive set of worldwide payment solutions that comprise global account […]

By C H Venkatachalam In any country, banking sector plays a vital role in shaping up the economy. Especially in poor, underdeveloped and developing countries, banks have a crucial role to play. Our country is no exception. Prior to independence, all our banks were in private hands, some of them in foreign hands and some […]

The post Public Sector Banks Have Contributed To Economic Growth In Last 53 Years first appeared on IPA Newspack.

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