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BENGALURU: Top Indian information-technology (IT) services companies are betting on large and mega deals, which enable them to sharpen their focus on clients, leading to higher revenue, faster growth, and more cost savings in the long term. Typically, IT companies consider deals at or above $100 million as large ones while those at or above […]

The post IT Services Companies Chase Large Deals For Higher Revenue, Faster Growth first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: Trade ministers from 14 countries are set to announce a deal on two more pillars – clean energy & infrastructure and tax & anti-corruption – while signing of an agreement on resilient chain under the Indo-Pacific Economic Framework (IPEF) later this week as they seek to forge an alliance to strengthen relations and […]

The post Trade Ministers Ready Deal To Lower China Dependence first appeared on Latest India news, analysis and reports on IPA Newspack.

Prime Minister Narendra Modi on Monday assured the people of Madhya Pradesh that all promises made by BJP to them will be fulfilled after the party retains power in the state. He also said the Centre’s free ration scheme, covering 80 crore poor people, will continue for five more years. All promises made to you […]

The post PM offers ‘Modi guarantee’ to people of MP first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: India’s $30 billion poultry industry need policy support in the form of allowing import of genetically modified (GM) maize and steps to boost production of key feeds, including soya bean, a recent report said. The sector, which is already growing at a healthy rate of 8% annually could see further acceleration, it added. […]

The post CII Unveils Vision 2047 For Fast-Growing Poultry Industry first appeared on Latest India news, analysis and reports on IPA Newspack.

MUMBAI: US-based telecom tower major American Towers Corporation (ATC) is close to selling its loss-making India operations at an enterprise valuation of up to $2.2 billion by December-end. I Squared Capital, the US-based infrastructure private equity firm, is leading the race to buy the telecom tower company, which has seen a continuous loss of valuation […]

The post American Towers Set To Sell Loss-Making India Ops For $2.2 Billion first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: The upcoming Digital India Bill is likely to have provisions for penalties against anti-competitive practices in digital space, and commercial arrangements such as tying and bundling of services by online intermediaries may be prohibited, sources said. With a chapter on Open Internet, the new Bill would aim to ensure that internet-based services are […]

The post Digital India Bill May Have Provisions Against Bundling, Tying Of Services first appeared on Latest India news, analysis and reports on IPA Newspack.

Congress leader Manish Tewari on Friday extended support to Infosys co-founder NR Narayana Murthy’s “70 hours per week work” remark and advice that 70 hours a week with one day off and 15 days of vacations in a year should become the norm. The Congress leader’s reaction came days after Murthy stirred a little storm […]

The post Manish Tewari backs Murthy’s call for Sunday working first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: Sanjeev Sanyal, member of the Prime Minister’s Economic Advisory Council, thinks given the strengths of India’s macroeconomic fundamentals, its sovereign rating should be “at least two notches higher” than the current level (lowest investment grade). According to him, by around 2030, Indian rupee will be an international hard currency, since many steps have […]

The post By Around 2030, Indian Rupee Will Be A Global Hard Currency: Sanjeev Sanyal first appeared on Latest India news, analysis and reports on IPA Newspack.

By Arun Srivastava Having lost hope of winning the assembly elections to the five states and haunted by the ghost of bleak prospect of coming back to power at the centre in the 2024 Lok Sabha election, RSS is seriously contemplating to resort to the design of rousing the sensibility of ultra-nationalism.and foreign bogey Though […]

The post RSS Focusing On Foreign Interference To Weaken Modi As Campaign Issue first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: India’s industrial growth dropped more than expected in September to 5.8% from a 14-month high of 10.3% in the preceding month, hit by an unfavorable base effect magnified by a shift in the festival calendar. Excess rainfall in September also disrupted output, impacting growth. Economists expect the Index of Industrial Production (IIP) to […]

The post Industrial Growth Slows To 3-Month Low In September first appeared on Latest India news, analysis and reports on IPA Newspack.

MUMBAI: After a decent show in Samvat 2079, which saw investor wealth surge by Rs 46 trillion, stock market experts are upbeat about the upcoming Samvat 2080. They believe that despite the volatile global landscape owing to ‘higher for longer’ rates, high bond yields, geopolitical conflicts and elevated oil prices, the mood may continue to […]

The post Consumption, Infrastructure Could Light Up Samvat 2080: Experts first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: India on Thursday put the onus of long-term prosperity of the world oil market on OPEC and called upon the grouping of exporting countries to maintain market stability for the benefit of consumers, producers and global economy. At the 6th meeting of the Indian-OPEC Energy Dialogue in Vienna, oil minister Hardeep Singh Puri […]

The post Amid High Oil Prices, India Puts Onus Of Global Growth On OPEC first appeared on Latest India news, analysis and reports on IPA Newspack.

MUMBAI: Global venture capital (VC) investments dipped 5.4 per cent on a quarter-on-quarter (Q-o-Q) basis from $81.4 billion in the second quarter of calendar year 2023 (Q2CY23) to $77 billion in the third quarter of calendar year 2023 (Q3CY23) as VCs remain cautious before closing deals. The number of deals fell from 9,563 in Q2 […]

The post Global VC Investments Drop 5.4% As VCs Remain Cautious: KPMG Report first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: Strong domestic demand is likely to sustain India’s economy in the near term, said Moody’s on Thursday as it kept the country’s growth forecast for 2023 and 2024 unchanged at 6.7 and 6.1 per cent. “Robust goods and services tax collections, surging auto sales, rising consumer optimism and double-digit credit growth suggest urban […]

The post Domestic Demand To Sustain India Growth In The Near Term, Says Moody’s first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: After a gap of eight months, India’s goods exports rose for the first time in October, driven by pharma and engineering exports. While official numbers are due to be released on November 15, preliminary data accessed by TOI estimated that exports went up by around 3% over last year’s level of $31.6 billion. […]

The post Goods Exports Rise For The First Time In Eight Months first appeared on Latest India news, analysis and reports on IPA Newspack.

By Arun Srivastava The Lok Sabha Ethics committee has made Mahua Moitra a martyr. The indiscreet decision proves beyond doubt that the personal and political life of an individual daring to raise an accusing finger towards Narendra Modi and his tycoon friend Gautam Adani would have to face the wrath of the combined establishment. The […]

The post BJP Ecosystem Using All Its Might To End Mahua Moitra’s Political Career first appeared on Latest India news, analysis and reports on IPA Newspack.

By Prabhat Patnaik In an economy like ours where the work-force is not neatly divided into “the employed” and “the unemployed”, and instead there is massive and growing casualisation of work, measuring unemployment is a tricky business. It necessarily means asking a person how much work that person got over a certain period in the […]

The post India’s Working Force Has Remained Stagnant Over The Last Five Years first appeared on Latest India news, analysis and reports on IPA Newspack.

The Ethics Committee, which was hearing the “cash for query” matter involving Trinamool Congress MP Mahua Moitra, on Thursday adopted a report on the case after two hearings. BJP MP Nishikant Dubey has accused Moitra of taking a bribe from Hiranandani Group CEO Darshan Hiranandani to ask questions in Parliament and urged Lok Sabha Speaker […]

The post Ethics panel adopts report for Moitra’s expulsion first appeared on Latest India news, analysis and reports on IPA Newspack.

Assam Chief Minister Himanta Biswa Sarma on Wednesday said Congress leader Rahul Gandhi did not say anything against Palestine-based terror group Hamas, which launched a surprise assault against Israel on October 7 killing over 1400 people and taking hundreds hostage, fearing “India’s Hamas”. Sarma said Prime Minister Narendra Modi sent a strong message against terrorism […]

The post Voting Cong means encouraging ‘Babars’, says Assam CM first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: India’s Consumer Price Index (CPI) – based inflation likely fell to a five-month low of 4.8% in October from 5.02% in September, primarily due to the statistical effect of a high base and decline in prices of key vegetables, according to an FE poll of 15 economists. Core inflation is likely to remain […]

The post October CPI Inflation Seen At 5-Month Low Of 4.8 Per Cent first appeared on Latest India news, analysis and reports on IPA Newspack.

MUMBAI: As Indian markets scaled new highs this financial year, the market capitalisation (m-cap) of 11 companies crossed the Rs 1 trillion-mark over the past seven months, joining the club with 46 others. This is a rise of 19% over FY23. These 11 firms include Adani Power, DLF, Hindustan Aeronautics, Jio Financial Services, Varun Beverages, […]

The post 11 Firms Ride The Market Wave To Join Rs 1-Trillion M-Cap Club first appeared on Latest India news, analysis and reports on IPA Newspack.

India is proposing reducing import taxes on some electric vehicles from the UK in an effort to clinch a free-trade deal between the two nations by the end of the year, according to two people familiar with the discussions. New Delhi is considering a concessional tariff of 30% on 2,500 electric vehicles imported annually from […]

The post India Proposes Slashing EV Import Taxes To Clinch UK Free Trade Deal first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: State-owned Hindustan Petroleum Corporation Ltd (HPCL) plans to spend Rs 75,000 crore in expansion and diversification in the next five years with an annual expenditure of around Rs 14,000-15,000 crore, the company said on Tuesday. “Around 25-30% of the capex will be for the renewable or gas-based segment, refinery would take another 20% […]

The post HPCL Lays Out Rs 75,000-Crore Capex Plan For Five Years first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: The Central Electricity Authority (CEA) has outlined a strategy to boost the use of electric vehicles (EVs) in energy grid support, which could significantly enhance the sustainability of the country’s power system. Smart charging and vehicle-to-grid (V2G) services are crucial to manage the large-scale integration of renewable energy sources and to provide ancillary […]

The post CEA Advocates For EVs As Energy Storage In National Grid Support first appeared on Latest India news, analysis and reports on IPA Newspack.