News related to
First Half

Saifur Rahman The Dubai-based state-owned budget carrier, Flydubai signed an agreement with Boeing Commercial Airplanes to purchase 30 Boeing 787-9 Dreamliners, worth US$11 (billion Dh41 billion) at list price, as the airline diversifies its fleet with the introduction of wide-body aircraft. This is the first order for wide-bodied aircraft by Flydubai. Inducting wide-bodied aircraft will help Flydubai to carry more passengers per flight and could offer better […]

K Raveendran As real estate prices continue to rise in Dubai, the risk of a cyclical reversal is mounting, rating agency Standard & Poor’s has said in a report.   The agency, however, adds that the Dubai developers are well prepared for such a turn of events. S&P estimates that prices will increase 15%-18% in 2023 and by another 5%-7% in 2024 as the Dubai market gradually slows […]

Free App Unlocks Engaging, Exciting Gameplay For All Ages KUALA LUMPUR, MALAYSIA – Media OutReach – 10 November 2023 – Driven by an unyielding passion for innovation, inQubi is on a mission to redefine the virtual pet experience. Committed to offering companionship, fun, learning, and adventure, inQubi introduces an innovative approach that aims to cater to a diverse audience. Download the inQubi app now and embark on […]

Saifur Rahman, Executive Editor State-owned Emirates Group — which includes Emirates Airline, the world’s biggest carrier of international passengers and its ticketing and ground handling subsidiary Dnata, reported a 138 percent jump in profits to a record Dh10.1 billion (US$2.7 billion), for the first half of the 2023-2024 financial starting from April 2023 till September 30, 2023, compared to Dh4.2 billion (US$1.2 billion) reported for the corresponding period […]

Amid mounting concerns over delinquencies, public sector lenders have assured the finance ministry that they do not see any systemic risks emanating from small unsecured loans as their overall exposure remains small. The finance ministry had asked state-run banks to review their small loan portfolios and submit a report detailing the situation. Banks said the […]

The post Public Sector Banks Assure Government Small Loans Not A Systemic Risk first appeared on Latest India news, analysis and reports on IPA Newspack.

MUMBAI: Global venture capital (VC) investments dipped 5.4 per cent on a quarter-on-quarter (Q-o-Q) basis from $81.4 billion in the second quarter of calendar year 2023 (Q2CY23) to $77 billion in the third quarter of calendar year 2023 (Q3CY23) as VCs remain cautious before closing deals. The number of deals fell from 9,563 in Q2 […]

The post Global VC Investments Drop 5.4% As VCs Remain Cautious: KPMG Report first appeared on Latest India news, analysis and reports on IPA Newspack.

SINGAPORE – Media OutReach – 10 November 2023 – The 8th edition of the Singapore Fintech Festival (SFF) is gearing up to be a global showcase of fintech excellence, and Italy’s participation promises to be a pivotal highlight of the event. Scheduled to take place from 15 to 17 November 2023 at the Singapore Expo Halls 1-6, this internationally acclaimed event will be the epicentre of innovation, […]

Advertisements

By Nantoo Banerjee It is difficult to believe that there has been no listed ‘code-of-conduct’ for the directly elected representatives of Lok Sabha since the country held its first general elections between October 21, 1951 and February 21, 1952. Paradoxically though, Lok Sabha has an ethics committee with the members remaining in the dark about […]

The post Lok Sabha Ethics Committee Functions Without Code Of Conduct For Members first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: The US Develop–ment Finance Corporation (DFC) on Wednesday announced it would provide $553 million for Colombo West International Terminal Pvt Ltd (CWIT), in which Adani Ports and Special Economic Zone (APSEZ) is a majority stakeholder with 51 per cent. It is part-owned by Sri Lanka’s John Keells Holdings and the Sri Lanka Ports […]

The post Adani’s Colombo Port Terminal To Get $553 Million Funding From US DFI first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: New investment demand in the second half of this fiscal year is likely to be tempered amid increased geopolitical tensions in the Middle East, and a potential slowdown in the momentum of government capital expenditure (capex) and project execution prior to the general elections, said credit rating agency ICRA in its latest report […]

The post New Investment Demand Likely To Taper In Second Half Of FY24: ICRA first appeared on Latest India news, analysis and reports on IPA Newspack.

After a meeting with Aam Aadmi Party MLAs on November 6, AAP convener and Delhi chief minister Arvind Kejriwal met his councillors in the assembly on the 7th. The meeting lasted about one and a half hours. Kejriwal did not speak to the media afterwards. But AAP MLA and MCD incharge Durgesh Pathak told reporters, […]

The post AAP plans ‘referendum’ on Kejriwal resignation first appeared on Latest India news, analysis and reports on IPA Newspack.

State-owned Hindustan Petroleum Corporation Ltd reported a consolidated net profit of Rs 5,826.96 crore in the quarter ended September, against a loss of Rs 2,475.69 crore in the same quarter last financial year. Improved marketing margins on the back of discounted Russian Urals and inventory gains even as the oil marketing companies (OMCs) kept the […]

The post HPCL Q2 Net At Rs 5,827 Crore On Strong Marketing Margins first appeared on Latest India news, analysis and reports on IPA Newspack.

By Kalyani Shankar A hypothetical President Joe Biden versus his predecessor, Donald Trump, contest in the 2024 U.S. presidential race is too close to call. Elections will be held on November 5, 2024, just a year away. News agency Reuters says this election promises to be like no other modern U.S. election. New York Times […]

The post American Presidential Election In November 2024 Promises To Be A Tumultuous One first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: The capital expenditure by 54 large central public sector enterprises (CPSE) and the five departmental arms of the ministries, such as the Railway Board and National Highways Authority of India, rose 33% in the first half of the current fiscal with their spending reaching Rs 3.79 lakh crore by September 30, according to […]

The post CPSE Capex Up 33% By H1 Of FY24, Touches Rs 3.79 Lakh Crore first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: Reliance Industries Ltd and its partner bp plc of UK have reverted to oil indexation for pricing the gas they produce from India’s largest private-sector operated field in KG basin as they look to tap into the upside from the buoyant oil market. Reliance and bp in a tender have sought bids from […]

The post Reliance Returns To Oil Indexation For KG Gas, Seeks Buyers For 4 Mmscmd first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: Capital expenditure by 18 state governments whose finances were reviewed surged by 56% on year in the first half of the current financial year compared with just a 2% rise in the year-ago period. This was supported by capex loans from the Centre. Excluding loans from the Centre, the capex of these 18 […]

The post States Capex Up 50 Per Cent In H1 On Low Base first appeared on Latest India news, analysis and reports on IPA Newspack.

By James M Dorsey Israel’s options are central to discussions about the day after the guns fall silent in Gaza. Absent from the debate is what Palestinians want. Also absent is any discussion of funding for Gaza’s reconstruction, although the assumption is that oil-rich Gulf states will step up to the plate. The significance of […]

The post Israel In Gaza: Only Limited Options Available When The Guns Fall Silent first appeared on Latest India news, analysis and reports on IPA Newspack.


SIBF turns spotlight on remarkable contributions of women


SHARJAH, 4th November, 2023 (WAM) — One of the most inspiring modern-day female role models in the

MUMBAI: The government’s auction of the first 50-year bond evoked a strong demand from investors on Friday as the Reserve Bank of India (RBI) received bids worth Rs 40,200 crore (4x) for these ultra-long bonds, against the notified amount of Rs 10,000 crore. The RBI set a coupon rate of 7.46% on the new government […]

The post Investors Lap Up 50-Year Bond; Insurers, Pension Funds Line Up To Grab A Share first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: Services activity grew at the slowest pace in seven months in October as fierce competition and subdued demand due to an uptick in price pressures weighed down on expansion and dented business sentiment. The seasonally adjusted S&P Global India Services PMI Business Activity Index declined to 58.4 in October from 61 in September, […]

The post Services Activity Pace At 7-Month Low In October first appeared on Latest India news, analysis and reports on IPA Newspack.

By Girish Linganna Along the border between Lebanon and Israel, a missile expert from Hezbollah is currently preparing for a war situation with a level of intensity and readiness he has never experienced before. Dressed in black tactical pants, green camouflage attire, and armed with a pistol, the officer from the Iran-backed Shiite militia wears […]

The post Hezbollah’s Intensified Preparations Suggest Impending War With Israel first appeared on Latest India news, analysis and reports on IPA Newspack.

MUMBAI: Indian Inc raised as much as ₹5.33 trillion during the first seven months of this fiscal through corporate bond issuances, up by 3.2% compared to the same period in FY22. While the fund raised has improved marginally, what is surprising is the sharp slowdown since July. The fund raised through corporate bonds fell a […]

The post Corporate Bond Issuances Slow Down Amid High Interest Rates, Volatility first appeared on Latest India news, analysis and reports on IPA Newspack.

By Nitya Chakraborty Nikhil Chakravartty, a pioneering figure in Indian journalism for more than four decades of the last century, is being deeply missed by sections of the media fighting hard to protect the hard-won freedom of the press against the onslaughts of the Narendra Modi government. In the second half of the twentieth century, […]

The post Remembering The Icon Of Indian Journalism Nikhil Chakravartty On His 110th Birth Anniversary first appeared on Latest India news, analysis and reports on IPA Newspack.

“I’m the chief minister, I will continue,” stressed a visibly displeased Karnataka Chief Minister Siddaramaiah when he was questioned about the rumours of change in guard after completion of 2.5 years — a question that has been hovering since the day he took over the reins of the state for the second time in his […]

The post Siddaramaiah, DKS camps continue to spar over CM tenure first appeared on Latest India news, analysis and reports on IPA Newspack.

VISHNU RAJA
RYO YAMADA
HITORI GOTOH
IKUYO KITA