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NEW DELHI: The eight core sector industries, which include coal, steel and electricity, posted a growth of 7.8 per cent in November compared to the same month last year, official data released on Friday showed. India’s core sector output growth hit a six-month low of 7.8% in November, easing from 12% in the previous month, […]

The post Core Sector Growth Eases To Six-Month Low Of 7.8 Per Cent In November first appeared on Latest India news, analysis and reports on IPA Newspack.

By K Raveendran It is election year for the Indian economy and the footnote to the robust economic performance would pinpoint the risks of freebies and subsidy politics impacting growth. The pressures are expected to pinch hard from mid-year onwards as the drivers of growth would shift gears down by at least a couple of […]

The post India Set To Clock Highest Growth Rate In 2024 Among Major Economies first appeared on Latest India news, analysis and reports on IPA Newspack.

By Arun Srivastava The catchline “Phir Aayega Modi” of the saffron ecosystem needs correction. It portrays him as a visionary who will return to usher India to a new and affluent ecosphere — purely as a device to strengthen the perception that Modi is the only saviour. Therefore, people must elect him. But scratch a […]

The post INDIA Bloc Must Protect Democracy With Bharat Nyay Yatra first appeared on Latest India news, analysis and reports on IPA Newspack.

MUMBAI: Biotechnology company Indian Immunologicals (IIL), under the National Dairy Development Board (NDDB), on Thursday announced the start of the construction of its new vaccine manufacturing plant at Genome Valley, Hyderabad. The company is investing around Rs 700 crore in this facility. Equipped with a BSL3 (biosafety level) facility for drug substance production and a […]

The post IIL Invests Rs 700 Crore In New Vaccine Plant To Combat Livestock Disease first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: The global oil and gas industry is bracing for a year of significant changes in 2024, marked by a complex mix of supply concerns and economic pressures. In the past year, Brent crude, the international benchmark, experienced a notable decline from its summer highs. This trend was largely driven by an increase in […]

The post 2024 Forecasts A Tumultuous Journey For Global Oil And Gas first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: To achieve self-sufficiency in production of coal and reduce the dependence on imports, the coal ministry has drawn up a strategic plan to slash imports of the fuel from over 20% now to 11% by the end of FY26, coal secretary Amrit Lal Meena told FE. The plan will entail a big boost […]

The post Government Charts Out Plan To Slash Coal Imports first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: India’s Mines Ministry has proposed a new set of rules for the auction of offshore mineral blocks. It is also in the process of identifying such mineral blocks, including those in exclusive economic zones beyond territorial waters. The draft rules, put up for public comments recently, has proposed that composite licences and production […]

The post Mines Ministry Unveils Draft Rules For Offshore Minerals Auction first appeared on Latest India news, analysis and reports on IPA Newspack.

Backed by government spending on infrastructure, building, and construction, domestic steel demand is expected to remain strong in 2024. Realisations in the domestic market are expected to remain strong, even though imports could remain elevated. Eports will remain stretched across key markets, beyond Europe, in view of the global slowdown in demand. Market sources peg […]

The post Strong Domestic Steel Demand Expected In 2024 first appeared on Latest India news, analysis and reports on IPA Newspack.

By P. Sudhir The year 2023 ends with the dark shadow of the genocidal massacre of Palestinians in Gaza by the Israeli war-machine. Nearly three months of Israel’s brutal aggression has led to (till December 26) 20,915 people killed in Gaza, of which more than 8,000 are children; another 53,918 have been wounded and an […]

The post 2023 Going On 2024, The Great Battles Against Injustice Ahead first appeared on Latest India news, analysis and reports on IPA Newspack.

By Girish Linganna India and the UAE recently completed their first transaction in rupees for crude oil from the Emirates. A major shift in how global trade is conducted, typically done in dollars, this step is a significant boost to the growing trade between India and the UAE, which is likely to surpass the $100 […]

The post India-UAE Embrace The Rupee In Oil Transactions first appeared on Latest India news, analysis and reports on IPA Newspack.

The BJP is trying to broaden its political canvas by finding ways to reach out to sub-minority groups among Muslims and Christians, while the Opposition, in its effort to address its diverse support base at the regional level, seems to be pushing Hindus away through a series of statements about the religion, Ram Temple and […]

The post BJP reaching out to minorities to expand support base first appeared on Latest India news, analysis and reports on IPA Newspack.

By Girish Linganna In 2016, India suddenly stopped using two types of banknotes, which made up 86% of all the money in use. This was done to fight corruption and hidden wealth. Known as Demonetisation, this action led to chaos at banks and ATMs. Critics argued it harmed those with low incomes and disrupted India’s […]

The post Cash Still Fundamental Part Of The Indian Daily Life first appeared on Latest India news, analysis and reports on IPA Newspack.

The Indian Navy’s explosive ordnance disposal team on Monday carried out a detailed inspection of merchant vessel MV Chem Pluto on its arrival at Mumbai harbour, two days after the ship was hit by a drone off India’s west coast in the Arabian Sea when it was on its way to New Mangalore port. In […]

The post Navy deploys 3 warships to counter Arabian Sea attacks first appeared on Latest India news, analysis and reports on IPA Newspack.

By Tirthankar Mitra There are not too many leaders who are looked upto by his/her followers and political opponents even when they are no more. Late prime minister Atal Bihari Vajpayee belongs to this distinguished group. A great consensus builder whose 99th birth anniversary is being observed today, December 23,  he cobbled together a coalition […]

The post Atal Bihari Vajpayee – Shining Star Of Building Consensus first appeared on Latest India news, analysis and reports on IPA Newspack.

By Parsa Venkateshwar Rao Jr The vaulting ambition of Prime Minister Narendra Modi to overturn existing structures is the hallmark of his nearly 10 years at the helm. Take the case of the three new laws that have replaced three colonial-era laws and the authoritarian streak in Modi sticks out like a sore thumb. The […]

The post The Three New Criminal Laws Betray A Narrow Spirit Of Nationalism first appeared on Latest India news, analysis and reports on IPA Newspack.

By Dr. Gyan Pathak In contradiction to the claim of the Modi government of improvement in the labour market, latest Employees’ Provident Fund Organisation (EPFO) data pertaining to the formal sector shows a downturn. Quality jobs generation declined sharply by 16.7 percent in October 2023 compared to the September figure, a 7-month low. The number […]

The post Quality Jobs Generation Hit Hard, Workers Surge Informal Sector first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: Strong domestic demand, supported by government spending on infrastructure, building and construction segments, is expected to keep India’s steel imports elevated around the 6 million tonne (MT) mark this financial year even as the global steel industry battles a slowdown, according to rating agency Crisil. Global steel demand, which has been subdued since […]

The post Firm Domestic Demand To Keep India’s Steel Imports Elevated In 2023-24: Crisil first appeared on Latest India news, analysis and reports on IPA Newspack.

By Arun Srivastava Reverses suffered by the Israeli army in 80 days of the ‘War on Gaza’ reminds of the Vietnam War. The then US President, Lyndon B. Johnson, invaded Vietnam to check the communism juggernaut. Today, POTUS Joe Biden is commanding the Israeli Defence Forces much to the disgust of centrist liberal forces. Then, […]

The post Israel In A Bind With Joe Biden Running The War On Gaza first appeared on Latest India news, analysis and reports on IPA Newspack.

By P. Sreekumaran THIRUVANANTHAPURAM: The Left Democratic Front (LDF) Government in Kerala has upped the ante against Governor Arif Mohammed Khan by seeking President Droupadi Murmu’s intervention in the crisis involving the Governor and the State government, at the root of which are Khan’s alleged gubernatorial excesses; the Governor is not even sparing varsities and […]

The post Kerala Government Toughens Stand Against Governor Arif Mohammed Khan first appeared on Latest India news, analysis and reports on IPA Newspack.

MUMBAI: All six members of the Reserve Bank of India’s (RBI’s) monetary policy committee (MPC) expressed caution over food inflation during the December review, while two external members warned about high real interest rates as headline inflation approaches its target of 4 per cent. The central bank continued to maintain the status quo on both […]

The post MPC Members Voice Concern Over Food Inflation Trajectory, Show Minutes first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: India’s policymakers are open to looking at the industry’s concerns relating to the Reserve Bank of India (RBI) circular on December 19 that imposed restrictions on investments in Alternative Investment Funds (AIFs) by banks and non-banking finance companies (NBFCs). The Indian Venture and Alternate Capital Association (IVCA) lobby group has approached the government, […]

The post Policymakers Open To Looking Into AIF Circular Concerns first appeared on Latest India news, analysis and reports on IPA Newspack.

Energy storage is becoming the next disruptor in the renewable energy sector and the ESS (energy storage system) market will attract the highest investment among emerging sectors, according to a joint report by the Institute for Energy Economics and Financial Analysis (IEEFA) and JMK Research & Analytics. ESS, which is the missing link in India’s […]

The post Energy Storage Market To Attract Highest Investment Among Emerging Sectors: Report first appeared on Latest India news, analysis and reports on IPA Newspack.

Reiterating India’s stand on the global climate stage for ‘common but differentiated responsibilities and respective capabilities’ (CBDR-RC), the office of the chief economic advisor batted to put an onus on the developed world for climate finance and emission reduction. “Developing countries are expected to immediately and completely shift/transition away from fossil fuel-based energy to renewable […]

The post CEA Reiterates India’s Stand For More Climate Funds From Developed Nations first appeared on Latest India news, analysis and reports on IPA Newspack.

The Ministry of Power has brought in amendments to the carbon credits trading scheme (CCTS) which paves the way for India to have its own standards for carbon trading and also allows non-obligated entities to generate carbon credits. The amendment notification dated December 19 asks the carbon credits administrator, the Bureau of Energy Efficiency (BEE), […]

The post Power Ministry Asks BEE To Bring In India’s Own Standards For Carbon Credits first appeared on Latest India news, analysis and reports on IPA Newspack.