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MUMBAI: Concentrated borrowing linkages between non-bank financiers and mainstream lenders may pose contagion risks, Reserve Bank of India (RBI) governor Shaktikanta Das said, pointing to potential sectoral fault lines a week after a concerned regulator sought to restrain the recent runaway growth in unsecured advances and safeguard the broader financial system. “NBFCs (non-banking financial companies) […]

The post RBI Governor Flags Bank-NBFC Links As ‘Contagion Risk’ first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: Members of the Government Employees National Confederation (GENC) on Wednesday staged a protest, at Jantar Mantar in New Delhi, demanding scrapping of the National Pension System (NPS) and restoration of the Old Pension Scheme (OPS). The protest by GENC — affiliated to the Bharatiya Mazdoor Sangh (BMS), a trade union backed by the […]

The post BMS-Backed Union Stages Protest Demanding Restoration Of Old Pension Scheme first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: The growth in the country’s NBFC sector is expected to be moderately lower than 16-18 per cent in the current fiscal because of relatively slower expansion on unsecured retail loans due to the recent regulatory measures issued by the RBI, CRISIL Ratings said on Wednesday. Assets Under Management (AUM) of Non-Banking Financial Companies […]

The post NBFCs Likely To See Assets Growth Moderating To 16-18% In FY24: CRISIL first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: The review of Asean-India Trade in Goods Agreement (AITGA) will start with discussions on making the Rules of Origin (ROO) more comprehensive and detailed, as New Delhi is keen to remove the scope for exporters from third countries to exploit the preferential tariffs, a senior official said. “It is an agreement on trade […]

The post India-Asean Trade Pact Review: India Pitches For Tighter Rules Of Origin first appeared on Latest India news, analysis and reports on IPA Newspack.

By Sushil Kutty Headlines like ‘People ready to defeat BRS’ do not reveal the whole truth. There is a media narrative against Telangana Chief Minister K. Chandrashekar Rao and the man is media-meat. If the media pronouncements are taken at face value, the BRS has been scalped and laid out to dry. Everybody of note, […]

The post In Telangana Poll Campaign, Congress Has Advanced But Yet To Catch On With BRS first appeared on Latest India news, analysis and reports on IPA Newspack.

By P. Sudhir It has become a crime in New India to observe Children’s Day by remembering the Palestinian children killed in Israel’s war on Gaza. This is what happened on November 14 in Mumbai when a few score people, including minor girls, held a silent prayer in Juhu beach. 17 of them were arrested […]

The post On Israel’s Gaza War, Hindutva Forces In India Are In Cahoots With Zionists first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: Lenders have asked the government for access to income tax returns through National Securities Depository (NSDL) to help validate declarations made during loan applications, people familiar with the development told ET. Banks speak of multiple instances when applicants have declared inflated or fake income details with forged documents. That has led to fraud, […]

The post Banks Seek ITR Access Via NSDL To Vet Borrower Info first appeared on Latest India news, analysis and reports on IPA Newspack.

The Indo-Pacific Economic Framework’s (IPEF) Supply Chain Resilience Agreement (Pillar 2) is probably the fastest-concluded plurilateral economic cooperation agreement, which Commerce Minister Piyush Goyal signed on November 14. India along with 13 other countries (Australia, Brunei Darussalam, Fiji, Indonesia, Japan, Republic of Korea, Malaysia, New Zealand, Philippines, Singapore, Thailand, the United States, and Vietnam) are […]

The post 14-Nation Agreement On Supply Chain Resilience Opens Doors For India first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: Foreign direct equity investments into India fell by 24 per cent to $20.5 billion during the first six months of the financial year 2023-24 in comparison to a year earlier, according to data released by the industry department on Tuesday. While the government did not officially cite any reason for a sustained contraction […]

The post FDI Equity Inflows Contracted 24% In First Half Of FY24, Shows Data first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: Despite the ban on wheat and restrictions on rice exports, India’s overall food exports are still going strong on the back of strong pick-up in shipments of fruits and vegetables. The government is developing protocols for transport of these products through sea to grab a larger share of the market, a senior official […]

The post New Protocols Soon To Boost Shipments Of Fruits, Vegetables Via Sea first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: The government is looking at easing lending norms for new coal-fired power stations as it doubles down on the most-polluting fuel to meet a sharp uptick in electricity demand, amid reports that France and the US are preparing to propose a ban on private funding for coal at the forthcoming COP-28 climate meet. […]

The post New Coal-Fired Power Plants May See Easier Lending Norms first appeared on Latest India news, analysis and reports on IPA Newspack.

By Dr. Gyan Pathak Direction in which politics in India is moving, we may witness much more surprises than the one which Enforcement Directorate’s seizure action worth Rs 752 crore property on November 21 has brought. The properties are linked to years old National Herald case which is already in court under a judicial process. […]

The post Congress And Rahul Gandhi Now PM Narendra Modi’s Chief Target first appeared on Latest India news, analysis and reports on IPA Newspack.

By Arun Srivastava Senior RSS leaders have conveyed their annoyance in no uncertain terms to their chief Mohan Bhagwat about the functioning of Prime Minister Narendra Modi and urged him to look for a replacement in the greater interest of the BJP and the philosophical and political mission of the organisation. For long, these leaders […]

The post Modi’s Machinations Have Deepened Mistrust Amongst RSS Leaders first appeared on Latest India news, analysis and reports on IPA Newspack.

By Sushil Kutty Mohammad All Jinnah got his wish and Pakistan was created at the expense of India, which lost territory. Jinnah won Pakistan on the back of the two-nation theory. But the trifurcation of India did not put an end to the two-nations within India. The point is, India remains two nations even 76 […]

The post Yogi Govt’s Ban On Halal Certification Is Aimed At Attracting Hindu Votes first appeared on Latest India news, analysis and reports on IPA Newspack.

By Satyaki Chakraborty The Latin American politics is once again witnessing a big turmoil with the left wing resurgence in 2021 and 2022 getting a big setback at the fag end of 2023 as two countries Argentina and Ecuador elected right wing Presidents as against the strong left candidates. For Left, the defeat in Argentina […]

The post Resurgent Left In Latin America Faces Two Presidential Defeats By End Of 2023 first appeared on Latest India news, analysis and reports on IPA Newspack.

Stooping to a new low, Congress leader Rahul Gandhi said “PM means Panauti Modi”, insinuating that Prime Minister Narendra Modi brings bad luck. His comments infuriated the Bharatiya Janata Party that called his statement “shameful and disgraceful” and demanded an apology. Addressing a rally in Rajasthan’s Balotra on Tuesday, ahead of the November 25 assembly […]

The post Storm over Rahul citing Modi ‘bad omen’ for World Cup loss first appeared on Latest India news, analysis and reports on IPA Newspack.

e row As the Winter Session of Parliament inches closer, all eyes are on the future of Mahua Moitra. The ethics committee report recommending Moitra’s disqualification as MP and further investigation into allegations of compromising national security by sharing her Parliament account log-in has been shared with the Speaker. Sources say the Speaker is unlikely […]

The post More trouble ahead for Mahua seen likely first appeared on Latest India news, analysis and reports on IPA Newspack.

Samajwadi Party national president Akhilesh Yadav on Tuesday said that after 2024 Lok Sabha polls there will be a “big change” in the country and ‘samajwadis’ will play an important role in it. “After 2024, there will be a different kind of change in the country and samajwadis will play an important role in it. […]

The post Akhilesh claims SP will play big role post-2024 polls first appeared on Latest India news, analysis and reports on IPA Newspack.

The BJP on Tuesday accused the Congress of putting out advertisements in the form a news or opinion piece about a wave in its support in the Rajasthan assembly polls and demanded action from the Election Commission against the state’s ruling party. A BJP delegation, which included Union minister Mansukh Mandaviya and former minister Ravi […]

The post BJP complains to EC against misleading Cong ads first appeared on Latest India news, analysis and reports on IPA Newspack.

Israel and Hamas agreed to a four-day truce that would see the Palestinian group release dozens of hostages taken on October 7, both sides announced Wednesday. Israeli Prime Minister Benjamin Netanyahu’s cabinet approved the accord after a near-all-night meeting, in which he told reticent ministers this was a “difficult decision but it’s a right decision.” […]

The post Israel agrees to 4-day truce for release of 50 hostages first appeared on Latest India news, analysis and reports on IPA Newspack.