BJP leader and former Punjab chief minister Captain Amarinder Singh on Thursday refuted media reports claiming that he was being considered for the position of new Governor of Maharashtra and called it “purely speculative”. However, the 80-year-old leader added that he will follow whatever Prime Minister Narendra Modi will ask him to do. Reacting to […]
The post Amarinder refutes reports about his governorship first appeared on IPA Newspack.
In a setback to the Bharatiya Janata Party (BJP), a Maha Vikas Aghadi (MVA) supported candidate won the Nagpur division teachers’ seat of the Maharashtra Legislative Council on Thursday. Nagpur, where the headquarters of Rashtriya Swayamsevak Sangh (RSS) is located, is also the home district of Deputy Chief Minister Devendra Fadnavis and Union Minister Nitin […]
The post MVA drubbing to Fadnavis, Gadkari in council poll first appeared on IPA Newspack.
By Saifur Rahman The International Monetary Fund (IMF) this week approved a 42-month credit line of US$4.7 billion including US$3.3 billion under the Extended Credit Facility (ECF) and Extended Fund Facility (EFF), as well as US$1.4 billion under the newly created Resilience and Sustainability Facility (RSF). This approval enables the immediate disbursement of US$476 million. Bangladesh is the first Asian country to access the RSF. “The 42-month […]
Arabian Post Staff Grant Thornton and its Asset Recovery Fund (ARF) announced the purchase of a AED 1.3 billion (US$ 357m) portfolio of distressed non-performing loans (NPLs) from Abu Dhabi Commercial Bank (ADCB), marking one of the first such portfolio sales from a local bank in the UAE. Grant Thornton, the UAE’s fifth largest professional services firm, supported this purchase by deploying its deep rooted local commercial […]
By Dr. Gyan Pathak Union Budget 2023-24 betrays India’s workforce though it sings its song of achievement under Modi rule since 2014 and eulogizing its “Big Tent accommodating all”. In contrast this “Big Tent” is too small to accommodate the majority of the workforce. The budget tried to create hope for the workforce by simply […]
The post Union Budget 2023-24 Betrays India’s Workforce Once Again first appeared on IPA Newspack.
By Dr Arun Mitra Much was expected from the budget presented by the Finance Minister Smt. Nirmala Sitharaman on February 1 2023. As this was the last budget of the present government before the upcoming elections to the parliament next year, people had high hopes of relief in various sectors including the health. Thumping the […]
The post Poor Allocation To Health In The Budget Will Have Serious Implications first appeared on IPA Newspack.
By Sushil Kutty The day after, and Budget 23-24 stands out in stark relief, warts and all. February 1, Union Finance Minister Nirmala Sitharaman was the picture of animated tranquillity when she read out Budget 2023-24 dressed in red, both the minister as well as the country’s ‘bahi-khata’. She did not miss a trick in […]
The post MGNREGA Outlay Cut In 2023-24 Budget Brings Bad Days For Rural Poor first appeared on IPA Newspack.
By P. Sudhir A small US investor firm has challenged the Indian behemoth, the Adani group, and shaken it to its foundations. The Hindenburg Research, a short selling firm, brought out a 129-page report on the Adani group marshalling evidence of all the funding operations and offshore activities of the 578 subsidiaries and shell companies […]
The post Investigation Into The Entire Business Activities Of Adani Group Is Imperative first appeared on IPA Newspack.
A day after Finance Minister Nirmala Sitharaman presented the Union Budget for 2023-24, opposition leaders continued thier attack against the government over several aspects of the budget. Chhatisgarh Chief Minister Bhupesh Baghel raised questions over the ‘shocking’ budget allocation to the Indian Railways. Baghel flagged off his concerns and questioned why the railways was being mordernised […]
The post CM Baghel questions ‘shocking’ budget share for railways first appeared on IPA Newspack.
Congress leader P Chidambaram on Thursday said that in the “hullabaloo” over the old and the new tax regimes, the importance of personal savings in a developing country has been “jettisoned”. The former Union finance minister asserted that in the absence of a state-provided safety net for the vast majority of people, personal savings is […]
The post Chidambaram says new tax regime mysterious first appeared on IPA Newspack.
Amit Mitra, former finance minister of Bengal and well known economist expressed disappointment that the Union Budget did not address the issues of tackling unemployment and rising inflation, the two main problems facing the “common man.” Mitra, who is currently Principal Chief Adviser to West Bengal Chief Minister, in an interview to PTI on Wednesday, […]
The post Budget disconnected from people, states denied due: Mitra first appeared on IPA Newspack.
Congress leader Rahul Gandhi on Wednesday slammed the Modi government, claiming that its ‘mitr kaal’ budget has no vision to create jobs as well as no plan to tackle inflation, and proves that the Centre has no roadmap to build India’s future. Gandhi’s reaction came after the presentation of the Union budget for 2023-24 by […]
The post Rahul calls Budget 2023 ‘Mitr Kaal’, no roadmap to future first appeared on IPA Newspack.
Adani Enterprises Ltd has called off its Rs 20,000-crore share sale, saying it would not be “morally correct” in the current market condition. Adani Enterprises chief Gautam Adani has said although the FPO closed successfully yesterday, “the market has been unprecedented (today), and our stock price has fluctuated over the course of the day”. “Given […]
The post Adani ditches share issue on ‘moral’ grounds first appeared on IPA Newspack.
SINGAPORE – Media OutReach – 2 February 2023 – M1 Limited (M1), one of Singapore’s leading Mobile Network Operators, today announced that the eagerly anticipated Samsung Galaxy S23, Samsung Galaxy S23+ and Samsung Galaxy S23 Ultra are available for pre-order from today until 16 February. Carefully crafted from the toughest ever metal and glass, the Samsung Galaxy S23 series features an enhanced durability and nightography for crisp […]
SINGAPORE – Media OutReach – 2 February 2023 – Harnessing the scale of two million listings listed in the electronics category every quarter, leading multi-category platform for secondhand in Greater Southeast Asia Carousell Group has doubled down on driving electronics recommerce across the region since acquiring control of Laku6, the leading AI-first end-to-end electronics recommerce platform in Indonesia. The Group has integrated the Laku6 team’s expertise and […]
ShopUp, the largest full-stack B2B commerce platform in Bangladesh, announces a major milestone in securing $30 million in debt financing. The $30 million financing round was comprised of $20 million from Lendable, the global provider of debt to fintech companies in emerging markets, marking their first investment in South Asia. DHAKA, BANGLADESH – Media OutReach – 2 February 2023 – ShopUp, the largest full-stack B2B commerce platform […]
Samajwadi Party chief Akhilesh Yadav on Wednesday said the Union Budget for 2023-24 has given “nirasha” (despair) instead of “asha” (hope) to people of the country. He also claimed that the budget further increases inflation and unemployment. Finance Minister Nirmala Sitharaman presented the budget for the fiscal year 2023-24 in Lok Sabha on Wednesday and […]
The post ‘Nirasha’ instead of ‘asha’ to Indians, says Akhilesh Yadav first appeared on IPA Newspack.
By Nantoo Banerjee The massive boost in infrastructure spending proposed in the 2023-24 budget is expected to be the biggest growth driver of the county’s economy with several sectors such as steel, coal, power, engineering, automobile and banking are expected to do well. The infrastructure spending along with the focus on tourism, urban development covering […]
The post 2023-24 Budget Provides Big Boost For Industry, Tourism first appeared on IPA Newspack.
By Dr. Gyan Pathak “The fundamentals of the Indian Economy are sound as it enters its Amrit Kaal, the 25-year journey towards its centenary as a modern, independent nation. Policies pursued carefully and consciously to ensure …” was of course noisy and highly opinionated statement of the Economic Survey 2022-23, but the Union Budget 2023-24, […]
The post Union Budget 2023-24 Is Not Fair To The Vulnerable Sections first appeared on IPA Newspack.
By Sushil Kutty What does the 2023-24 budget mean for the BJP in fighting the coming polls, including the nine in 2023, and the one in 2024? A simple question, with a simple answer: Budget 2023-24 has been drafted as a saviour! The BJP wants to win as many of the nine assembly elections as […]
The post Last Full Budget Before 2024 Polls Has Potential To Help BJP In Its Campaign first appeared on IPA Newspack.
By K Raveendran Increased tax collections in view of a post-Covid pickup in the economy, easing of commodity prices as part of a global trend and lower subsidies on account of a reduction in food and fertilizer subsidy, apart from the withdrawal of Covid-related reliefs have given finance minister Nirmala Sitharaman a lot of elbow […]
The post Relatively Favourable Conditions Help Finance Minister Go For A Capex Boost first appeared on IPA Newspack.
The Union Budget is not people-friendly as it has been prepared keeping in mind the interests of a few businessmen, People’s Democratic Party (PDP) chief Mehbooba Mufti alleged on Wednesday. Talking to reporters here, the former Jammu and Kashmir chief minister said the budget presented by Union Finance Minister Nirmala Sitharaman is the same as […]
The post Budget not people-friendly, says Mehbooba Mufti first appeared on IPA Newspack.
The central government today made the much-awaited mega announcement on increasing the earnings level up to which no income tax is payable: Rs 7 lakh a year from the 2023-24 financial year. It was Rs 5 lakh so far. Under a new five-slab structure, those making even a rupee above it will have to pay tax. For […]
The post Income tax rebate limit up to Rs 7 lakh in New Regime first appeared on IPA Newspack.
Robust and resilient Customer Identity and Access Management (CIAM) exists at the vanguard of identity security SINGAPORE – Media OutReach – 1 February 2023 – Okta, Inc. (NASDAQ: OKTA), the leading independent identity provider, today unveiled the APAC findings of its second annual State of Secure Identity Report highlighting key areas of concern for security professionals tasked with managing digital identities, including the exponential rise of fraudulent […]
