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NEW DELHI: After bilaterally resolving many major trade disputes that had reached the dispute settlement body at the World Trade Organisation, trade ministers of India and US will meet here on Friday to discuss other pending issues. Fast-tracking of the process of inspection and audit of Indian pharma companies by US Food and Drug Administration, […]

The post Pharma, Restoration Of Duty Reliefs To Top India-Us Trade Forum Agenda first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: The commerce ministry has set up a task force to identify and resolve trade barriers being faced by exporters in other countries, a move which would help provide greater market access to domestic goods, an official said. The development assumes significance as many times India’s exports suffer from these barriers such as time […]

The post Commerce Ministry Sets Up Task Force To Resolve Trade Barrier Issues For Exporters first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: About 50 per cent of the Indian businesses surveyed expressed their commitment to achieving the net-zero target, reflecting their desire to address climate change issues and transit to a low-carbon economy, said a PwC report on Tuesday. Of these, about 48 per cent committed to achieving net-zero emission target by 2030, said PwC […]

The post Majority Businesses Committed To Net-Zero Emission Target: PwC first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: Indian economy will likely pick up pace in FY25 and FY26, growing 6.4% and 6.5%, respectively, on the back of a strong investment and services push, retaining the fastest-growing major economy tag, the World Bank said Tuesday. The multilateral institution has forecast global growth to slump further to 2.4% in 2024 from 2.6% […]

The post World Bank Pegs India’s FY25 Growth At 6.4 Per Cent first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: Even though India’s overall unemployment rate has declined in 2023 as compared to 2022, the joblessness within youth has started to rise again, according to data released by the Centre for Monitoring Indian Economy (CMIE) for October-December quarter. For those in the age group between 20 to 34 years, the unemployment rate across […]

The post CMIE Data Points To Rising Unemployment Among The Youth first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: Several restrictions imposed on rice exports to improve domestic supplies have adversely impacted India’s farm exports in the first eight months of current fiscal. However, shipments of Basmati rice (18%), buffalo meat (13%) and fresh fruits and vegetables (20%) have grown significantly even amid the general slump in shipments. Exports of agricultural items […]

The post Many Bright Spots Amid Slowdown In Farm Exports first appeared on Latest India news, analysis and reports on IPA Newspack.

By Girish Linganna Pakistan’s efforts to purchase advanced stealth fighters from China could compel India to expedite its air force upgrade, possibly through the acquisition of F-35 jets from the United States. This move would be aimed at maintaining tactical air superiority along its frontiers, according to experts. Pakistan Air Force’s top official, Air Chief […]

The post Pakistan May Soon Acquire Advanced Stealth Fighters From China first appeared on Latest India news, analysis and reports on IPA Newspack.

COLOMBO: Six months after it was announced by the prime ministers of both countries, India has discussed the early launch of the UPI payment system with Sri Lanka and reiterated its support in the cash-strapped island nation’s debt restructuring process. In July 2023, Prime Minister Narendra Modi and Sri Lanka President Ranil Wickremesinghe signed an […]

The post India, Sri Lanka Discuss Early Launch Of UPI Payment System first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: The repeated argument that India witnessed a K-shaped recovery post-pandemic is “flawed, prejudiced, and ill-concocted”, said a research report by SBI on Monday. According to the report, post-pandemic, households are reconfiguring their savings towards physical assets, including real estate, it said. “The oft-repeated conundrum debating a K-shaped recovery post-pandemic seems at best flawed, […]

The post K-Shaped Recovery Narrative Flawed And Prejudiced: SBI Report first appeared on Latest India news, analysis and reports on IPA Newspack.

GREATER NOIDA: India’s agriculture exports, which stood at over USD 50 billion at present, are expected to double by 2030 and reach USD 100 billion, Commerce Secretary Sunil Barthwal said on Monday. He said that the country is targeting USD 2 trillion worth of exports of goods and services by 2030. “I am very sure […]

The post Agri Exports Likely To Double To $100 Billion By 2030: Commerce Secretary first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: As India and the four-member European Union Free Trade Association (EFTA) enter the final rounds of negotiations on a free trade agreement (FTA), the decision of Switzerland to bring down its import tariffs on industrial goods to zero has limited the gains that can be derived from the deal for New Delhi. Switzerland […]

The post Little Gains From FTA With EFTA After Swiss Move To Scrap Tariffs first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: Foreign Portfolio Investors (FPIs) continued their buying spree and poured close to Rs 4,800 crore in the Indian equity markets in the first week of January driven by confidence in the country’s robust economic fundamentals. Additionally, they injected Rs 4,000 crore in the debt market during the period under review, data with the […]

The post FPIs Infuse Rs 4,800 Crore In Equities On Strong Economic Confidence first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: The negotiations on India-Oman free trade agreement that were racing towards concussion may drag a bit longer as Indian petrochemical producers have opposed any deep duty cuts on polypropylene and polyethylene that might be offered in the pact. Both polypropylene and polyethylene, key raw materials for plastics, currently attract import tax (basic customs […]

The post Petrochemical Industry Opposes Oman FTA, Deal May Be Delayed first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: Market size of the Indian footwear industry can increase by over three times to USD 90 billion by 2030 provided a host of measures such as a ban on show imports, fiscal incentives, more design centres and Taiwanese contract manufacturers setting up shops in the country are taken, a report said on Sunday. […]

The post Footwear Industry To Hit $90 Billion Mark By 2030: Report first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: Rural startups are making a strong pitch for new programmes to foster research and innovation, as the grassroots-level entrepreneurs seek support for streamlined supply chains, subsidies, improved infrastructure, and easy access to finance. As the Budget and the Lok Sabha elections draw closer, startups working in various sectors, especially in smaller towns and […]

The post Rural Startups Seek Better Infra, Easier Access To Funds first appeared on Latest India news, analysis and reports on IPA Newspack.

By Nantoo Banerjee There is nothing to panic immediately about India’s current general government debt, for which the International Monetary Fund has warned that it may exceed 100 percent of the country’s gross domestic product (GDP) in the medium term, or by 2028. In its annual ‘Article IV’ consultation report, IMF said that long-term risks […]

The post India’s General Government Debt Needs To Be Controlled first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: Defence Minister Rajnath Singh will leave on Monday for a two-day visit to London, underscoring India’s growing defence relations with the United Kingdom (UK). He will be accompanied by a high-level Ministry of Defence (MoD) delegation, comprising senior officials from the Defence R&D Organisation (DRDO), service headquarters and the Department of Defence Production. […]

The post Rajnath Singh To Talk Defence Production In A Two-Day Visit To London first appeared on Latest India news, analysis and reports on IPA Newspack.

Prime Minister Narendra Modi’s Lakshadweep visit last week conjured up a debate on the internet after Maldives minister Abdulla Mahzoom Majid, in a social media post, claimed that India is shifting focus from the Maldives by promoting Lakshadweep as another tourist spot. “Recently, I had the opportunity to be among the people of Lakshadweep. I […]

The post Opposition slams Modi for ‘pushing close ally away’ first appeared on Latest India news, analysis and reports on IPA Newspack.

Rashtriya Lok Dal (RLD) chief Jayant Chaudhary on Sunday said that if the INDIA bloc comes to power after the upcoming Lok Sabha Polls, the first thing it would do is abolish the Agniveer scheme. Jayant Choudhary, who was addressing a ‘Youth Parliament’ organised by RLD at the Sai Dham Colony grounds, said, “If India’s […]

The post RLD chief promises priority abolition of Agniveer scheme first appeared on Latest India news, analysis and reports on IPA Newspack.

Fresh on the heels of a controversy triggered by Karnataka MLC BK Hariprasad’s Godhra comment, the Congress seems to have invited a new one involving Karnataka chief minister Siddaramaiah’s son Yathindra Siddaramaiah. The former MLA equated India’s becoming a “Hindu Rashtra” to being like Afghanistan and Pakistan. Yathindra courted controversy by saying if India becomes […]

The post ‘Hindu Rashtra’ will make India like Afghan: Sidda’s son first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: Canada-based Brookfield Asset Management will acquire the Indian business of American Tower Corporation (ATC) for an enterprise value of Rs 16,628 crore ($2 billion), the company said on Friday. After its third acquisition in India’s telecom sector in four years, Brookfield is set to become the largest manager of telecom towers in the […]

The post Canada-Based Brookfield Asset Management To Buy ATC India In $2 Billion Deal first appeared on Latest India news, analysis and reports on IPA Newspack.

By Harihar Swarup As Bangladesh prepares for its 12th parliamentary polls on January 7, speculation abounds on the impact of the election outcome on Dhaka’s relationship with Delhi. From historic landmarks such as the 2015 land boundary agreement to lows during 2001-2006, when a coalition led by the current Opposition party, the Bangladesh Nationalist Party […]

The post India Needs To Impart Dynamism To Its Bilateral Ties With Bangladesh first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: India’s economy is likely to grow a better-than-expected 7.3% in FY24, faster than all major global economies, powered by a double-digit rise in investments, led by government spending, official data released on Friday showed. The first advance estimate of gross domestic product (GDP) is higher than the Reserve Bank of India’s 7% forecast […]

The post Economy Stays On Fast Track, Likely To Grow At 7.3 Per Cent In FY24 first appeared on Latest India news, analysis and reports on IPA Newspack.