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By Sushil Kutty A Modi achievement is the empowerment of the so-called radical Hindus who had got off to an early start after Narendra Modi became Prime Minister and took charge of the India that had passed through several stints of secular prime ministers including the greatest one of all of them – Jawaharlal Nehru, […]

The post Prime Minister’s Current Visit To South Is Aimed At Linking The Region With North Through Hindutva first appeared on Latest India news, analysis and reports on IPA Newspack.

MUMBAI: Deal values in India more than halved in 2023 to USD 66 billion despite high growth, as investors took a wait-and-watch approach, a report said on Friday. From a volume perspective, there were 1,641 deals — a drop of more than 20 per cent over 2022 — the report by consultancy firm Grant Thornton […]

The post M&A Deal Values Halve To USD 66 Billion In 2023 first appeared on Latest India news, analysis and reports on IPA Newspack.

Congress leader Shashi Tharoor on Thursday sustained an online war of words with civil aviation minister Jyotiraditya Scinida over chaos at the Delhi airport due to fog-related flight delays, and told him that it is a pity that he has adopted the Narendra Modi-led government’s “uncaring attitude” since switching sides. In his fresh salvo at […]

The post Tharoor, Scindia in war of words over airport chaos first appeared on Latest India news, analysis and reports on IPA Newspack.

By Sushil Kutty Is India awash in religion? India cannot help itself. Religion is so mixed with politics and everyday life in India that it bristles. This, despite the country’s apex court asserting in1994 that mixing religion with politics was fraught with danger. Today, the same Supreme Court has by far a far more liberal […]

The post Narendra Modi Is Chanting ‘Make The Temples Great Again’ On The Lines Of Trump first appeared on Latest India news, analysis and reports on IPA Newspack.

MUMBAI: India should sustain the strong growth momentum in the next financial year by securing at least a 7 per cent expansion in GDP while the headline inflation needs to align with the target of 4 per cent by the second quarter of FY25, as projected, said the Reserve Bank of India’s (RBI’s) state of […]

The post Inflation Needs To Align With Target By Second Quarter: RBI first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: India, in the 13th ministerial conference (MC13) of the World Trade Organisation (WTO) in February, will push for fast-tracking its demand for a solution on public stockholding for food grains, over negotiations on other agriculture-related issues. “The public stockpiling of food grain is the longest-pending issue. Promise was made by the members in […]

The post India To Push For Public Stockholding Of Food Grains At WTO MC13 first appeared on Latest India news, analysis and reports on IPA Newspack.

To counter the Opposition narrative on the Pran Pratishtha ceremony as a “political” event, the RSS, its affiliates, like-minded intellectuals, authors and academics have come up with their literature and started social media campaigns “based on their research” to promote Ram Temple as Bharat’s “civilisational” movement and its struggle for decades to find space. Over […]

The post RSS counters INDIA Bloc claims on Ram Mandir event first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: India’s crude oil imports from Saudi Arabia may pick up modesty after the kingdom cut the official selling price of its key export grade for February, but the demand for discounted Russian Urals is still seen surpassing that for the oil from Saudi Aramco. Analysts feel any lartge additional buying of Saudi crude […]

The post Saudi Price Cuts Unlikely To Dent Indian Demand For Urals first appeared on Latest India news, analysis and reports on IPA Newspack.

DAVOS: The global leadership is convinced that Prime Minister Narendra Modi will return to office after this year’s elections and is looking for the continuity of policy and social sector reforms put in place by him, Union Minister Smriti Irani said on Wednesday. In an interview to PTI at the World Economic Forum Annual Meeting […]

The post Global Leadership Also Convinced Of PM Modi’s Return To Office: Smriti Irani first appeared on Latest India news, analysis and reports on IPA Newspack.

MUMBAI: Consumer price index-based inflation, the main yardstick for the Reserve Bank of India’s policy making, is likely to average 4.5 per cent in the next financial year and gross domestic product (GDP) growth is likely to stay above 7 per cent, Governor Shaktikanta Das said on Wednesday. “At this stage, our expectation is that […]

The post CPI Inflation To Average 4.5% In Fy25, Growth To Top 7%: RBI Governor first appeared on Latest India news, analysis and reports on IPA Newspack.

DAVOS: Union minister Hardeep Singh Puri on Tuesday asserted that India can become a five trillion dollar economy much before 2028 and said the country’s energy transition needs to be done in an orderly manner to safeguard the interests of its large population. Puri, the minister for petroleum and natural gas as well as housing […]

The post India Can Become $5 Trillion Economy Much Before 2028: Hardeep Singh Puri first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: The Centre will impose a 50 per cent export duty on molasses from January 18 to ensure adequate domestic quantities for ethanol blending and keep inflation in check.  At present molasses attract zero export duty. Traders said the government has also decided to keep the current import duties on edible oils (crude and […]

The post Govt Imposes 50% Export Duty On Molasses; Extends Lower Duty On Edible Oils first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: The government may extend the concessional 15 per cent income tax rate for corporates to set up new manufacturing units by one year till March 31, 2025, to encourage private investments, EY said in its 2024 Budget expectation report. Finance Minister Nirmala Sitharaman is scheduled to present the interim Budget for 2024-25 on […]

The post Government May Extend Concessional 15 Per Cent Tax For New Manufacturing Units By One Year: EY first appeared on Latest India news, analysis and reports on IPA Newspack.

MUMBAI: The Reserve Bank of India (RBI) governor, Shaktikanta Das, said on Tuesday that retail inflation is slowly moderating and is steadily moving towards the target of 4 per cent. During a fireside chat at the World Economic Forum in Davos, Das stated that core inflation has started to move down, which gives confidence that […]

The post Inflation Moderating, Steadily Moving Towards 4% Target: RBI Governor first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: A significant majority of Indian chief executive officers (CEOs) are of the opinion that the Indian economy will witness improvement over the next 12 months, as the country reclaimed its fifth position as an investment destination, according to a survey. According to PwC’s 27th Annual Global CEO Survey, 86% of Indian CEOs express […]

The post Indian CEOs Optimistic About Country’s Economic Growth: Survey first appeared on Latest India news, analysis and reports on IPA Newspack.

Fitch has affirmed India’s sovereign rating at ‘BBB-’ with a stable outlook citing a robust medium-term growth outlook and sound external finances. The agency, however, flagged the country’s weak public finances as the “largest constraint” to the rating. The rating agency revised its growth projection for FY24 to 6.9% from the 6% forecast earlier. Fitch […]

The post Fitch Affirms India Rating At ‘BBB-’ With Stable Outlook first appeared on Latest India news, analysis and reports on IPA Newspack.

Public sector banks are rushing to issue bonds in the coming weeks, capitalising on lower government bond yields that have made borrowing cheaper while tight liquidity and robust credit growth are spurring lenders’ demand for funds to meet loan needs. State Bank of India is set to kick off domestic bond issuances for 2024 with […]

The post SBI, BoB Among PSBs Pushing Bond Issues first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: The Centre, state governments and industry representatives will meet on January 16 to discuss ways to boost the country’s exports, an official said. Issues which are expected to figure in the meeting include rupee payment challenges, need of global shipping, and challenges being faced by traders on account of the Red Sea crisis, […]

The post Centre, State, Exporters To Discuss Ways To Boost Exports first appeared on Latest India news, analysis and reports on IPA Newspack.

MUMBAI: The Reserve Bank of India’s (RBI’s) draft norms for self regulatory organisations for the fintech sector (SRO-FT) have proposed that such entities should have a robust IT infrastructure and the ability to deploy technological solutions within a reasonable timeframe. The applicant for such an entity should have sufficient net worth and demonstrate the capability […]

The post RBI Releases Draft Norms For Fintech Self-Regulatory Organisations first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: India’s wholesale price index (WPI)-based inflation rate rose to a nine-month high of 0.73 per cent in December, mainly due to an increase in prices of food articles, data released by the ministry of commerce and industry showed on Monday. This is the second consecutive month that the wholesale inflation rate had remained […]

The post Higher Food Prices Push WPI Inflation To 9-Month High In December first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: India’s trade deficit in December narrowed to a three-month low of $19.8 billion amid an import slowdown due to falling commodity prices. Merchandise exports during the month grew 0.97 per cent over a year earlier to $38.45 billion, contrary to the trend of a slowdown so far this financial year, showed data released […]

The post Trade Deficit Falls To Three-Month Low Of $19.8 Billion In December first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: The Centre on Monday signed an agreement to acquire five lithium brine blocks for exploration and development in Argentina. The agreement was signed between Khanij Bidesh India Ltd (KABIL) and Catamarca Minera Y Energética Sociedad Del Estado (CAMYEN), a state-owned mining and energy company in the Argentine province of Catamarca. This is the […]

The post India Signs An Agreement To Acquire Five Lithium Mines In Argentina first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: The government will take a decision after September on the existing import management system on certain IT hardware products such as laptops and tablets after evaluating the import data, which it is monitoring, an official said. In October last year, India put in place an import management system under which importers of these […]

The post Post September Decision On Import Management System For Laptops, Tablets After Evaluating Data first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: The pharma industry has sought fiscal incentives to promote research and development (R&D) in the sector, as it is likely to reach USD 400-450 billion market size by 2047. In a statement, Indian Pharmaceutical Alliance Secretary General Sudarshan Jain said there is a high risk, long gestation period and low success rate in […]

The post Pharma Industry Seeks Incentives For R&D, Conducive Policies first appeared on Latest India news, analysis and reports on IPA Newspack.