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NEW DELHI: India’s crude oil suppliers such as the Abu Dhabi National Oil Company (ADNOC) have expressed concern over repatriation of funds in preferred currency and the high transaction costs on conversion of funds along with exchange fluctuation risks. India’s crude oil import bill, which accounts for 25 per cent of the overall merchandise imports, […]

The post India’s Crude Oil Suppliers Frown Over Rupee Settlement For Cargoes first appeared on Latest India news, analysis and reports on IPA Newspack.

The Centre plans to overhaul the iron ore pricing mechanism in the country, which could include linking domestically produced ore to prices on global indices and developing a national benchmark, in a bid to plug grade misclassifications and make pricing transparent and efficient. “It’s a step towards trying to resolve the average price and monthly […]

The post Iron Ore May Be Pegged To Global Prices first appeared on Latest India news, analysis and reports on IPA Newspack.

Congress MP Rahul Gandhi reached out to Bihar Chief Minister Nitish Kumar Thursday evening, amid talk of yet more rifts in the INDIA bloc ahead of next year’s general election. Sources have told NDTV Gandhi could not speak to the Janata Dal (United) boss since he was in a meeting, but the two are expected […]

The post Rahul bid to pacify Nitish Kumar on INDIA Bloc PM face first appeared on Latest India news, analysis and reports on IPA Newspack.

By Krishna Jha Our democracy has lost each of its basics. From the recent crisis that proved to be an assault on not only federalism, but also its most relevant constitutional principles. The Supreme Court judgment on the abrogation of Article 370 of the Constitution and the dismantling of the state of Jammu and Kashmir […]

The post India’s Top Court Straying From Role Of Guarding Democracy With Its Article 370 Verdict first appeared on Latest India news, analysis and reports on IPA Newspack.

Lok Sabha has passed the Bharatiya Nyaya (Second) Sanhita, 2023 bill, Bharatiya Nagarik Suraksha (Second) Sanhita, 2023 and Bharatiya Sakshya (Second) Bill (BSB) 2023. Union Home Minister Amit Shah spoke on the criminal bills and majority of MPs present in the Lower House voted in favour of the bills. Referring to IPC, CrPc, Indian Evidence […]

The post Lok Sabha clears 3 new criminal laws by majority present first appeared on Latest India news, analysis and reports on IPA Newspack.

By K R Sudhaman After the G20 flagged off the Global South at its New Delhi Summit earlier this year, hunger and poverty eradication will be back on the global centre-stage at the 2024 G20 Summit in Brazil. “Brazil’s presidency offers something new: social issues, the fight against poverty and the resolution of the hunger […]

The post Fighting Hunger And Poverty Back In Focus As G20 Sherpas Meet Under Brazilian Presidency first appeared on Latest India news, analysis and reports on IPA Newspack.

By Satyaki Chakraborty The Narendra Modi Government’s decision to freeze the accounts of the news portal NewsClick through the actions of the Income Tax Department is nothing but the continuation of the organized attack by the central agencies on this leading news portal to make it dysfunctional before the Lok Sabha elections in 2024.The latest […]

The post Income Tax Department’s Action Against NewsClick Bank Accounts Is Nothing But An Illegal Seize first appeared on Latest India news, analysis and reports on IPA Newspack.

By Anjan Roy If you have a political bent  opposed  to  the Prime Minister  you might just as well sniff a sort of complicity between the Narendra Modi government and the International Monetary Fund (IMF). Particularly in the context of the parliament incidence involving some youth protestors, clamouring for decent jobs, and the cavalcade of […]

The post IMF Report On Indian Economy Is Positive For Modi Government Before 2024 Lok Sabha Polls first appeared on Latest India news, analysis and reports on IPA Newspack.

Allegations an Indian national conspired to murder an American-Canadian citizen – Khalistani terrorist Gurpatwant Singh Pannun – will be examined, but “a few incidents” cannot derail ties between India and the United States, Prime Minister Narendra Modi said Tuesday, in his first public remarks since US federal prosecutors last month announced murder-for-hire charges against Nikhil […]

The post Modi says India-US ties not derailing over Khalistani’s murder first appeared on Latest India news, analysis and reports on IPA Newspack.

By Arun Kumar Shrivastav The India Wine Awards 2023, now in its fifth edition, recently concluded with an extravagant celebration of the finest wines in the country. Organized by the Sonal Holland Wine Academy in collaboration with ProWine, this prestigious event showcased 219 exceptional wines across various categories, carefully selected from an impressive list of […]

The post Lower Excise Duty Boosts India’s Thriving Wine Culture To New Heights first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: Realty firm Emaar India will invest Rs 900 crore over the next four years to develop a luxury housing projects in Gurugram as part of its expansion plan, a top company official said. The company, which is part of Dubai-based Emaar Properties, has launched and already sold 424 luxury homes in its group […]

The post Emaar India To Invest Rs 900 Crore To Develop Luxury Housing Project In Gurugram: CEO first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: India’s merchandise exports in 2023 would not buck the larger global trends and are set to contract 5.3%, according to an analysis by trade policy think tank. But the performance of electronics segment stands out, giving indications that support measures might work for other priority sectors too. According to the United Nations Conference […]

The post Exports Seen To Have Declined 5 Per Cent In 2023 first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: In a dazzling resurgence, foreign investors have graced the Indian equity markets with an influx of nearly Rs 1.5 lakh crore in 2023, fuelled by optimism over the country’s resilient economic fundamentals amid shadows of a gloomy global scenario. Experts believe that the positive trend may continue in 2024. This follows Indian equities […]

The post FPIs Flood Indian Equity Markets, Infuse Rs 1.5 Lakh Crore In 2023 first appeared on Latest India news, analysis and reports on IPA Newspack.

By Nantoo Banerjee The restoration of statehood for Jammu and Kashmir, without the Union Territory of Ladakh, and an expected elected government by September, next year, come at a time when J&K has established its position as one of India’s top performing provinces in terms of economic growth. J&K’s state GDP is lately growing at […]

The post J&K Has Potential To Become One Of India’s Economically Strong States first appeared on Latest India news, analysis and reports on IPA Newspack.

By K Raveendran The imposition of extra tariff on Chinese gold jewellery exports by the United States has helped the Indian jewellery export trade to dislodge the United Arab Emirates as the country’s leading export market. The tariff on Chinese jewellery has made Indian exporters more competitive on the one hand, while the Comprehensive Economic […]

The post Tariff On Chinese Gold Jewellery Helps U.S. Replace UAE as India’s leading export market first appeared on Latest India news, analysis and reports on IPA Newspack.

By Girish Linganna Speaking at a conference held at the Maldives President’s Office after a Cabinet meeting on Thursday (December 14, 2023), Maldives’ Under Secretary for Public Policy, Mohamed Firuzul, said that the archipelagic nation would not renew the earlier government’s agreement on the Third Joint Hydrographic Survey of Maldives’ waters signed with India on […]

The post Maldives Decision Not To Renew Hydrographic Survey Pact Is A Jolt To Indian Maritime Strategy first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: The government has reviewed the steel import situation amid concerns raised by the domestic industry over the increased inward shipments, according to an industry official. Steel players have been raising concerns with various ministries including steel and commerce over the surge in steel imports from select countries like China and Vietnam. The Ministry […]

The post Steel Ministry Holds Review Meeting On Surging Steel Imports From China, Vietnam first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: India will buy crude oil from Venezuela as a number of Indian refineries are equipped to process heavy crudes, Petroleum Minister Hardeep Singh Puri said. With the United States (US) easing sanctions on Caracas in October, India’s imports of Venezuelan oil are set to resume after three years. The minister said that as […]

The post Ready To Import Oil From Any Country Not Under Sanctions, Including Venezuela: Hardeep Singh Puri first appeared on Latest India news, analysis and reports on IPA Newspack.

Coal demand in India, the world’s second largest consumer of the critical commodity, is expected to rise by 3.5 per cent annually till 2026 topping 1,397 million tonnes (mt), the International Energy Agency (IEA) said on Friday. “India becomes the driving force behind the upward pressure on global coal demand through to 2026, even if […]

The post India’s Coal Demand To Grow At 3.5% Annually Till 2026: IEA first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: India’s goods exports slipped back into contraction in November, recording a fall of 2.83% to $33.9 billion, but a sharp drop in imports narrowed the trade deficit to a three-month low of $20.58 billion, official data showed. Trade deficit had touched an all-time high of $31.5 billion in October on the back of […]

The post Exports Slip In November, Trade Gap Narrows first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: India will become the world’s third largest economy by 2026 as its GDP in current dollar terms will reach USD 5 trillion in that year and further rise to USD 5.5 trillion in 2027, former Niti Aayog Vice Chairman Arvind Panagariya said on Friday. Delivering the 18th C D Deshmukh Memorial Lecture titled […]

The post India’s GDP Will Reach USD 5 Trillion In 2026: Panagariya first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: As the world moves towards clean energy technologies, the demand for critical minerals is surging. So is their import dependence. Most of these minerals – which help power electric vehicles, wind turbines and solar panels – are imported from China, which is a leader in global production and supplier of these resources. During […]

The post Critical Mineral Imports Rise As Shift Towards Green Energy Catches Pace first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: Breaking the seven-month-long deflationary streak, India’s Wholesale Price Index (WPI)-based inflation rate turned positive in November. The data released by the Ministry of Commerce and Industry on Thursday showed that the inflation in factory gate prices touched an eight-month high of 0.26 per cent in November, up from minus 0.52 per cent in […]

The post WPI Inflation At 8-Month High In November first appeared on Latest India news, analysis and reports on IPA Newspack.

By Arun Srivastava With a sankalp (pledge) at KV temple of Varanasi to get rid of the anti-people government of the BJP, the Uttar Pradesh Congress will launch its UP Jodo Yatra on December 20 from Shakumbhari Devi temple in Saharanpur and culminate at Naimisharanya (Sitapur) after covering 16 parliamentary constituencies in 10 western and […]

The post Congress Yatra In Uttar Pradesh Beginning December 20 Will Be A Big Opposition Show first appeared on Latest India news, analysis and reports on IPA Newspack.