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NEW DELHI: With the growing activities of international pirates off the Gulf of Aden driving up the costs of freight and shipping, the government has moved to build more armed vessels to keep open the international shipping lanes that carry much of the world’s trade through this war-torn region. In the last 20 years, the […]

The post Defence Ministry Inks Rs 1,070 Crore Contract With Mazagon Dock For 14 FPVs first appeared on Latest India news, analysis and reports on IPA Newspack.

MUMBAI: Deficit liquidity in the banking system surged to an all-time high this week, topping the ₹3 lakh crore mark, as tax outflows, currency leakages and a slow pace of government spending led to a cash crunch with lenders, pushing up borrowing costs across the economy. As of January 23, the liquidity deficit measured by […]

The post Liquidity Deficit At Highest-Ever, Tops Rs 3 Lakh Crore After Eight Years first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: The Ministry of Electronics and IT (Meity) will seek cabinet approval for the India AI program, which includes the setting up of GPU-based servers in public-private partnership mode with an outlay of over Rs 10,000 crore, Minister of Electronics and IT Rajeev Chandrasekhar said on Tuesday. Working groups formed by the government on […]

The post MeitY To Seek Cabinet Nod For India AI Programme Entailing Rs 10,000 Crore Investments: MoS IT first appeared on Latest India news, analysis and reports on IPA Newspack.

MUMBAI: Equity investors became poorer by Rs 8.50 lakh crore on Tuesday as markets came under a bear attack, with the benchmark Sensex falling almost 1,053.10 points. Equity benchmark index Sensex tumbled 1,053 points to close below the 71,000 level on Tuesday, dragged down by index heavyweights HDFC Bank, Reliance Industries and SBI amid mixed […]

The post Investors Wealth Erodes By Rs 8.50 Lakh Crore As Markets Tumble first appeared on Latest India news, analysis and reports on IPA Newspack.

The Congress’ Bharat Jodo Nyay Yatra was fraught with confrontation between the party workers and the Assam government on Tuesday, with Chief Minister Himanta Biswa Sarma directing Director General of Police G P Singh to register a case against Rahul Gandhi for allegedly provoking a crowd to break barricades. The barricades were erected along a […]

The post FIR against Rahul, other Cong leaders in Assam first appeared on Latest India news, analysis and reports on IPA Newspack.

MUMBAI: India pipped Hong Kong to become the fourth-largest equity market in the world based on Monday’s market capitalisation driven by consistent selling pressure on Chinese stocks as earnings prospects eroded. India’s total market capitalisation rose to $4.33 trillion after a gain of more than $130 billion so far in 2024 while market value of […]

The post India Tops Hong Kong To Become Fourth Largest In Market-Cap first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: The government may make the National Pension System (NPS) more attractive by extending tax concessions on contributions and withdrawals especially for senior citizens above 75 years. Pension fund regulator PFRDA has sought “parity” with Employees’ Provident Fund Office (EPFO) on the taxation front for contributions by employers and some announcements in this regard […]

The post Government May Announce Steps To Promote, Make NPS More Attractive first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: State-owned Oil and Natural Gas Corporation (ONGC) will set up a new unit to house its gas business and clean energy projects such as green hydrogen, as it looks to fast-track foray into new areas. In a stock exchange filing, the firm said it last month received approval of the Ministry of Petroleum […]

The post ONGC Gets Nod For Green Energy, Gas Unit first appeared on Latest India news, analysis and reports on IPA Newspack.

BHOPAL: Union Minister for Coal and Mines Pralhad Joshi on Tuesday said for the first time, the country’s coal production is going to cross 1 billion tonne. India is going to stop the import of substitutable coal from next year, Joshi said at the second State Mining Ministers’ Conference here. The union minister said there […]

The post India Coal Production To Touch 1 Billion Tonne For First Time: Union Minister Pralhad Joshi first appeared on Latest India news, analysis and reports on IPA Newspack.

By Arun Srivastava The richest, most crony capitalism-friendly prime minister of India Narendra Modi bestowing Bharat Ratna, although officially being awarded by the President, Draupadi Murmu, on the deprived socialist leader Karpoori Thakur has given rise to boisterous political chattering in Bihar. However, it has also put the political moves of Chief Minister Nitish Kumar […]

The post With Bharat Ratna To Karpoori Thakur, Modi Eyes Nitish’s Vote Base first appeared on Latest India news, analysis and reports on IPA Newspack.

By K Raveendran Yet another demonstration of the extent of Adani’ group’s stranglehold on the Establishment should shake the confidence of group’s detractors who have been driven to desperation by the acts of commission and omission by the controversial group known to be a favourite of prime minister Narendra Modi. Even the highest court of […]

The post No End To Manifestations Of Adani Group’s Stranglehold On Modi Establishment first appeared on Latest India news, analysis and reports on IPA Newspack.

By Dr. Gyan Pathak Former Congress President Rahul Gandhi has just emerged irresistible in Assam even when the BJP leader and Chief Minister Himanta Biswa Sarma tried hard to resist him. BJP’s men breached his personal security, attacked his Bharat Jodo Nyay Yatra, state government passed orders to stop the yatra at several places including […]

The post Rahul Emerges Irresistible In Assam, Himanta Tries Hard To Resist first appeared on Latest India news, analysis and reports on IPA Newspack.

By Sushil Kutty Former US President Donald Trump won New Hampshire on Wednesday, January 24. His rival, former UN Ambassador Nikki Haley, went the way of businessman Vivek Ramaswamy, who is now Trump’s shadow after failing in his quest to be the dark horse. But with Haley on a limb, Trump is more or less […]

The post Donald Trump Is Poised To Seal Nomination As He Wins New Hampshire first appeared on Latest India news, analysis and reports on IPA Newspack.

Mamata Banerjee on Wednesday in a big announcement declared to go solo in the upcoming 2024 Lok Sabha polls in Bengal and said that “Trinamool Congress (TMC) is not in touch with Congress as far as seats in the state are concerned”. The West Bengal Chief Minister added that the final decision on any kind […]

The post TMC snaps ties with Cong, to fight alone in Bengal first appeared on Latest India news, analysis and reports on IPA Newspack.

A day after Prime Minister Narendra Modi presided over the ‘pran prathista’ of Ram Lalla at the new Ram temple in Ayodhya, senior Congress leader Veerappa Moily on Tuesday stoked a controversy by saying he had doubts whether PM Modi actually fasted for 11 days before the ceremony. “If he hasn’t, then the entire Sanctum […]

The post Moily creates storm over Modi’s ritualistic fasting first appeared on Latest India news, analysis and reports on IPA Newspack.

Rohit Pawar, Nationalist Congress Party (NCP) MLA and grandnephew of Sharad Pawar, appeared before the Enforcement Directorate on Wednesday to record his statement for questioning in connection with the Maharashtra State Cooperative (MSC) Bank scam case. He was accompanied by NCP working president Supriya Sule to the investigative agency’s Mumbai office. While the NCP-Sharad Pawar […]

The post Pawar’s grandnephew appears before ED first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: The government may go slow on sale of any extra stake in Life Insurance Corporation (LIC) and wait for investors who participated in the state-run insurer’s initial public offer (IPO) to book a decent capital appreciation. It feels that an appropriately timed follow-on offer is crucial for keeping investor interests in the stock […]

The post No Fresh Stake Sale In LIC In Near Future; Eyeing Larger Investor Pool first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: The Centre’ capital expenditure growth may slow down to 12% in FY25 from 37.4% pegged in Budget for FY24, India Ratings and Research (Ind-Ra) said in a report. This is mainly due to the pickup in private capex in few sectors, the forthcoming elections in April and the fiscal consolidation target of 4.5% […]

The post Centre’s Budget Capex Growth To Slow To 12 Per Cent In FY25: India Ratings And Research first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: The share of direct taxes in gross domestic product (GDP) rose to a 15-year high of 6.11 per cent during 2022-23 (FY23), but their buoyancy fell to 1.18 from 2.52 in the previous year, according to official data released on Tuesday. This means that while the tax-to-GDP ratio registered a record high during […]

The post Tax-GDP Ratio Rises To 15-Year High Of 6.11% During FY23, Shows Data first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: The department of telecommunications (DoT) has sharply lowered the spectrum auction revenue target for FY24 to a modest ₹500 crore from ₹5,000 crore estimated earlier, officials aware of the details told ET. The department, though, still expects to generate ₹85,000 crore in revenue receipts this fiscal, the officials said. They added that the […]

The post DoT Slashes Auction Target, But Revenue Receipts To Be Robust first appeared on Latest India news, analysis and reports on IPA Newspack.

  A day after Rahul Gandhi-led Congress workers clashed with Assam police personnel on the Guwahati city limits, party president Mallikarjun Kharge wrote to Union Home Minister Amit Shah, seeking his intervention to ensure the security of Rahul and other participants of his Bharat Jodo Nyay Yatra. This comes after Assam Police filed an FIR […]

The post Kharge writes to Shah over Rahul’s clash with Assam police first appeared on Latest India news, analysis and reports on IPA Newspack.