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KOLKATA: Early business data from lenders, published ahead of the month-long earnings season starting next week, showed that Indian companies are on track to report yet another quarter of robust performance amid buoyant consumer demand, although rising cost of funds might crimp profitability for financiers as the pace of deposit mobilization trails credit growth. Non-banking […]

The post Credit Growth Signals Robust Q3 For India Inc first appeared on Latest India news, analysis and reports on IPA Newspack.

By Prabhat Patnaik Argentina’s new president Javier Milei proposes to use US dollars as the currency of his country, while abolishing its central bank altogether. What is involved in this proposal is not just maintaining a fixed exchange rate between the dollar and the domestic currency, but an abolition of the domestic currency altogether. The […]

The post Dollarisation Programme Of Argentina Will Impose Additional Burden On Its Workers first appeared on Latest India news, analysis and reports on IPA Newspack.

Anandpur Sahib MP Manish Tewari on Thursday said the Congress’ loss in the 2022 Punjab assembly elections was not because the party opted for a Dalit Sikh chief minister Charanjit Singh Channi, but because of their “internal contradictions”. At a discussion on book ‘Punjab- From the Perspective of a Punjabi Hindu’ written by author and […]

The post Tewari attributes Cong loss in Punjab to internal contradictions first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: The Food Corporation of India (FCI) has allayed fears of any problems due to lower wheat procurement this year and expressed confidence in buying a quantity more than the annual requirement under all welfare schemes. Briefing the media on the achievement of FCI since its inception in 1964, FCI Chairman and Managing Director […]

The post India Will Procure More Than Required Rice For Buffer Stocks, Says FCI CMD first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: Retirement fund manager EPFO has extended the deadline till May 31 for employers to upload wage details of those opting for higher pension to its database. Earlier, the deadline for employers to upload wage details for those opting for higher pension on higher contribution was December 31, 2023, a labour ministry statement said. […]

The post EPFO Extends Deadline To Upload Wage Details For Higher Pension Options Till May 31 first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: The Union government’s total expenditure on explicit subsidies – food, fertiliser and LPG – is likely to drop 28% to Rs 3.98 trillion in the current fiscal year, from Rs 5.49 trillion in FY23. This is due to the softening of global prices of soil nutrients and the termination of the extra grains […]

The post Explicit Budget Subsidies To Drop 28% To Rs 4 Trillion In FY24 first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: The Centre on Wednesday cancelled the disinvestment plans of the Salem Steel Plant, the stainless steel making unit of the Steel Authority of India Ltd (SAIL), citing lack of interest from bidders. According to a statement from the Ministry of Finance, multiple EoIs had been received and bidders were shortlisted. However, due to […]

The post Govt Scraps Privatisation Of SAIL’s Salem Steel Plant first appeared on Latest India news, analysis and reports on IPA Newspack.

CHENNAI: Steel giant ArcelorMittal has partnered with the Indian Institute of Technology, Madras to build “Asia’s first” Hyperloop test track facility here, the company said here on Wednesday. The companies, ArcelorMittal and ArcelorMittal Nippon Steel India (AM/NS), are providing foundational steel materials as well as engineering, design, and project management expertise to support the construction […]

The post ArcelorMittal Partners With IIT Madras To Create Hyperloop Facility In Tamil Nadu first appeared on Latest India news, analysis and reports on IPA Newspack.

US bankruptcy filings surged by 18 per cent in 2023 on the back of higher interest rates, tougher lending standards and the continued runoff of pandemic-era backstops, data published Wednesday showed, although insolvency case volumes remain well below the level seen before the outbreak of Covid-19. Total bankruptcy filings — encompassing commercial and personal insolvencies […]

The post US Bankruptcies Surge 18%, More In Store: Report first appeared on Latest India news, analysis and reports on IPA Newspack.

By Dr. Gyan Pathak BJP has just coined this attractive slogan to its gullible constituency – Teesri Baar Modi Sarkar, ab ki baar 400 paar. Some national and international political analysts are declaring “almost an inevitability” of PM Narendra Modi’s win for the third time, supporting the first part of the slogan, while PM Modi’s […]

The post BJP’s Crossing 400 Seats Slogan Is A Hype, Far Away From Ground Reality first appeared on Latest India news, analysis and reports on IPA Newspack.

By P. Sudhir The Israel Defence Forces (IDF) have announced that the military operations in Gaza will continue throughout 2024. Israeli prime minister Benjamin Netanyahu, has repeatedly stated that the war in Gaza will continue till the Hamas is totally finished. He has also stated that Israel will control the Gaza border with Egypt which […]

The post Israel Is Seeking To Cleanse Gaza Of Palestinians Through Unending Bombings first appeared on Latest India news, analysis and reports on IPA Newspack.

By Krishna Jha Forensic investigations by Amnesty International’s Security Lab have come out with surprising revelations about continued and increasing use of Pegasus, a type of highly invasive spyware, developed by Israeli surveillance firm NSO Group. It has come amid an unprecedented crackdown by the Indian authorities on freedom of peaceful expression and assembly, which […]

The post Pegasus Spyware Is Again Being Used Against Indian Civil Rights Activists first appeared on Latest India news, analysis and reports on IPA Newspack.

By Sushil Kutty Delhi Chief Minister Arvind Kejriwal’s “imminent arrest” has been on the cards for two-three days and the AAP convener has been milking every drop of sympathy from talk of his imminent “arrest”. That said, while half of Delhi is convinced Kejriwal is corrupt to the core, the other half is still making […]

The post Delhi Chief Minister’s Arrest By Friday By ED Is A Distinct Possibility Now first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: The Supreme Court on Wednesday refused to order inquiries into Adani Group by a special investigation team (SIT) or the Central Bureau of Investigation (CBI) — a major relief to the business house — over US short-seller Hindenburg Research’s allegations of fraud, misgovernance and stock price manipulation. It said the Securities and Exchange […]

The post Supreme Court Backs SEBI Inquiry Into Adani, Rejects Any Other first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: India’s manufacturing activity declined to its lowest level in 18 months in December, pulled down by weaker increase in factory orders and output, according to a private survey released Wednesday. The HSBC India purchasing managers’ index of manufacturing eased further to 54.9 in December compared with 56 in the previous month. However, the […]

The post Factory Activity Hits 18-Month Low In December On Weaker Order Growth first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: The economic growth in Asia Pacific will remain strong in 2024 and GDP is expected to grow by about 5 per cent in India and a host of emerging market countries, Fitch Ratings said on Wednesday. In its report titled ‘APAC Cross-Sector Outlook 2024′, Fitch said the outlooks for the banking sectors in […]

The post Growth In Asia Pacific Emerging Markets To Remain Strong In 2024: Fitch first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: India’s merchandise exports this financial year will touch last year’s levels despite shipments contracting 6.5% year-on-year in the first eight months and slowdown in global trade, Commerce and Industry Minister Piyush Goyal said Wednesday. “Globally growth has been negative, international trade is in the negative territory, estimates are that this year international trade […]

The post Goods Exports To Touch Last Year’s Level In FY24 Despite Global Slowdown: Goyal first appeared on Latest India news, analysis and reports on IPA Newspack.

Bihar chief minister Nitish Kumar may be picked as INDIA alliance’s convener on Wednesday as leaders of the Opposition bloc are set to meet virtually around 6:30pm. Sources told News18 that not all parties will be available for the discussion. “Around 10-12 parties will participate, and the decision will be conveyed to other,” a source […]

The post ‘Near consensus’ on Nitish Kumar as INDIA Bloc convener first appeared on Latest India news, analysis and reports on IPA Newspack.

Former Andhra Pradesh Chief Minister and TDP national president N Chandrababu Naidu launched a scathing attack on Chief Minister Jagan Mohan Reddy asserting that the YSRCP chief is the primary source of distress for the state. Naidu accused the ruling party leaders of transforming into demons and plundering the state. The TDP chief further stated […]

The post Naidu blames CM Jagan Mohan for Andhra’s woes first appeared on Latest India news, analysis and reports on IPA Newspack.

National Congress Party (NCP) leader Jitendra Awhad on Wednesday stoked a major controversy after he stated that “Lord Ram used to eat meat”. Following Awhad’s remarks on Lord Ram, BJP MLA Ram Kadam wrote to Maharashtra Chief Minister and urged him to ban alcohol and meat across the state on the occasion of the inauguration […]

The post NCP leader stokes controversy over Lord Ram’s diet first appeared on Latest India news, analysis and reports on IPA Newspack.