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MUMBAI: The RBI’s high-powered rate setting panel on Wednesday began its 3-day brainstorming on the next set of bi-monthly monetary policy amid expectation of continued pause on the short-term key lending rate as GDP growth is gaining momentum, and inflation manageable. RBI left the benchmark policy rate (repo) unchanged in its past four bi-monthly monetary […]

The post RBI MPC Meet Begins Amid Expectations Of Status Quo On Interest Rate first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: The Centre has amended the Special Economic Zone (SEZ) Rules to allow demarcation of a portion of the built-up area in an IT/ITES SEZ as a non-processing area, subject to conditions including repayment of tax concessions attributable to the area. “A non-processing area may be used for setting up and operation of businesses […]

The post Amendment Allows Demarcation Of Non-Processing Area In IT/ITES SEZ first appeared on Latest India news, analysis and reports on IPA Newspack.

MUMBAI: India is seen as a rising star among Asian peers, besides Indonesia and the Philippines, and is expected to be among the fastest growing economies in the region in 2024, Nomura said on Wednesday. India’s GDP, Numura believes, will expand at 5.7% in 2024. The projection reinforces the popular view of a pause in […]

The post India Will Be Among Fastest Growing Asian Economies In 2024: Nomura first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: The next spectrum auction will be held in late February 2024 and the reserve price for most bands will remain the same as the 2022 auction, department of telecommunications (DoT) officials have said. The government expects operators to go for low bands beginning in 600 megahertz (MHz), licences for many of which are […]

The post Next Spectrum Auction To Be Held In February, Reserve Price To Remain Same first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: In a development that will deepen India’s local value addition in the mobile and electronics manufacturing chain, Apple has asked its suppliers to make batteries for its forthcoming iPhone 16 domestically. This is part of the company’s plans to shift its global supply chain out of China. According to a Financial Times report, […]

The post Apple Pushes For Indian Batteries; Move Part Of Shifting Out Of China first appeared on Latest India news, analysis and reports on IPA Newspack.

By Nitya Chakraborty Four days after the declaration of the state assembly poll results, a close analysis shows that the Congress has not done so badly in the three Hindi heartland states- Madhya Pradesh, Rajasthan and Chhattisgarh as is being presented in the national media. In fact compared to the 2019 Lok Sabha elections, the […]

The post INDIA Bloc Has Still The Potential To Take On BJP In Lok Sabha Polls first appeared on Latest India news, analysis and reports on IPA Newspack.

By P. Sudhir The results of the five state assembly elections are striking for the way the BJP has won in the three heartland states of Chhattisgarh, Madhya Pradesh and Rajasthan. A major victory is the coming back to power in Madhya Pradesh, a state where it has ruled for two decades, except for a […]

The post INDIA Constituents Have To Offer An Alternative Programme To Take On BJP In 2024 first appeared on Latest India news, analysis and reports on IPA Newspack.

By Sushil Kutty Anumula Revanth Reddy is the new Telangana Chief Minister. Also known as ‘Tiger’ Revanth, he took Bharat Rashtra Samithi supremo K Chandrashekar Rao’s place. Reddy is the first Congress Chief Minister of Telangana and faces the daunting task of reviving Telangana’s financial fortunes. For those who believe ‘KCR’ left Telangana in the […]

The post New Telangana Chief Minister Revanth Reddy Has To Deliver In Lok Sabha Polls For Congress first appeared on Latest India news, analysis and reports on IPA Newspack.

By Dr. Gyan Pathak The impressive win of the BJP in Madhya Pradesh and humiliating loss of the Congress conceals a disturbing ground reality for both the political parties, since the results hide a disturbing ground reality that they will have to face in the months to come during the Lok Sabha election 2024. BJP’s […]

The post Madhya Pradesh Results Hide Disturbing Ground Reality For Both BJP And Congress first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: The government will sell up to an 8 per cent stake in IRCON International through an offer-for-sale, which will open on Thursday, the rail public sector undertaking said in an exchange filing. The plan is to offload 37.6 million equity shares, of face value of Rs 2 each—representing 4 per cent of the […]

The post Govt To Sell 8% Stake In IRCON International Through Offer-For-Sale first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELH: State-controlled Oil and Natural Gas Corporation (ONGC) plans to wheel green electricity to its installations in the Arabian Sea to replace natural gas it uses in operation of oil wells as part of its ambitious decarbonisation programme, its Chairman Arun Kumar Singh said. India’s top oil and gas producer has substantially cut gas […]

The post ONGC To Cut Gas Flaring, Use Green Power At Oil Wells: Chairman Arun Singh first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: Finance Minister Nirmala Sitharaman on Thursday said the budget to be presented on February 1, 2024 would not have any “spectacular announcement” as it would be a vote on account in run up to the general elections. “It is a matter of truth that February 1, 2024 budget that will be announced will […]

The post No ‘Spectacular Announcement’ Likely In February 1 Budget, Says Finance Minister first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: India’s renewable energy capacity addition is expected to grow by more than 33 per cent Y-o-Y to 20 gigawatts (GW) in FY24 ending March 2024, aided by a reduction in prices of solar photovoltaic (PV) cells and modules, in abeyance of the ALMM order, among other factors. Ratings agency ICRA expects India’s installed […]

The post Renewable Energy Capacity Expected To Grow 33 Per Cent To 20GW In FY24 first appeared on Latest India news, analysis and reports on IPA Newspack.

Several Lok Sabha MPs including Union ministers Narendra Singh Tomar and Prahlad Singh Patel on Wednesday handed over their resignation to Lok Sabha Speaker Om Birla after Bharatiya Janata Paty reportedly decided to move elected parliamentarians to bigger roles in the states. The BJP announced that 12 MPs, who have been recently elected to state […]

The post Suspense over BJP’s CM picks; ex-MPs too in reckoning first appeared on Latest India news, analysis and reports on IPA Newspack.

Prime Minister Narendra Modi was welcomed in a grand manner by BJP leaders and party workers at the BJP Parliamentary Party meeting on Thursday. This comes after the saffron party won the Assembly elections in three major states — Madhya Pradesh, Chhattisgarh and Rajasthan. #WATCH | Bharatiya Janata Party MPs welcome PM Modi with chants […]

The post Modi attributes poll victory to party workers, team spirit first appeared on Latest India news, analysis and reports on IPA Newspack.

The TMC on Wednesday condemned a BJP leader’s alleged objectionable remarks against West Bengal Chief Minister Mamata Banerjee for her participation in festivities with actor Salman Khan at the Kolkata International Film Festival (KIFF) and characterised it as indicative of a regressive attitude of the saffron camp. During the inauguration of the 29th Kolkata International […]

The post TMC condemns BJP leader’s remarks against Mamata Banerjee first appeared on Latest India news, analysis and reports on IPA Newspack.

As many as 205 of the 230 newly elected MLAs in Madhya Pradesh are crorepatis with state Congress president Kamal Nath figuring among the three richest lawmakers with more than Rs 134 crore worth of assets. The average assets of the MLAs stood at Rs 11.77 crore. Newly elected BJP MLA from Ratlam City, Chaitanya […]

The post Most new MP lawmakers are crorepatis first appeared on Latest India news, analysis and reports on IPA Newspack.

Anumula Revanth Reddy, President of Telangana Congress, will take oath as the new Chief Minister of Telangana in a grand ceremony at Hyderabad’s LB Stadium today. Uttam Kumar Reddy, Sridhar Babu, Ponnam Prabhakar, Komatireddy Venkat Reddy, Damodar Rajanarasimha, Ponguleti Srinivas Reddy, Dana Anasuya, Tummala Nageswar Rao, Konda Surekha and Jupally Krishna Rao are the twelve […]

The post Revanth Reddy to take CM oath with 12 ministers first appeared on Latest India news, analysis and reports on IPA Newspack.

MUMBAI: Benchmark stock indices Sensex and Nifty settled at new peaks on Tuesday, rallying for the sixth straight session amid massive buying in power and utility sector shares. The 30-share BSE Sensex jumped 431.02 points, or 0.63 per cent, to close at a new record high of 69,296.14. The broader index Nifty also climbed 168.50 […]

The post Stock Markets Hit New Record Highs first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: Nine months after the government notified new gaming rules, companies such as Dream Sports, Games 24×7, as well as industry associations, are seeking clarity on a code of conduct for the sector. The manner in which the notified rules will be implemented, a framework for responsible gaming and player protection, architecture on checking […]

The post Online Gaming Firms Urge Govt To Set Clear Code Of Conduct For Sector first appeared on Latest India news, analysis and reports on IPA Newspack.