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NEW DELHI: India’s Custom authorities are “actively deploying” cutting-edge technologies including big data analytics, artificial intelligence, image analytics to detect fraud and curb illegal trade, Central Board of Indirect Taxes and Customs (CBIC) Chairman Sanjay Agarwal said on Monday. “The Indian customs administration is combining domain expertise with innovative technology to manage cargo related risks […]

The post Customs Using Cutting-Edge Tech To Detect Illicit Trade: CBIC Head first appeared on Latest India news, analysis and reports on IPA Newspack.

By Girish Linganna Just hours after Hamas initiated its attack on Israel on October 7, India’s Prime Minister was one of the first global leaders to react. In a strongly worded statement, Narendra Modi condemned the “terrorist attacks” and expressed India’s unwavering support for Israel during this challenging time. The Indian Foreign Minister S Jaishankar […]

The post Gaza Conflict Shows Modi-Led India’s Evolving Ties With Bibi’s Israel first appeared on Latest India news, analysis and reports on IPA Newspack.

MUMBAI: US-based private equity major Blackstone said on Monday it had completed the acquisition of a 72.5 per cent stake in Quality Care India Ltd (QCIL), which operates a network of Care Hospitals, from Evercare, a platform backed by TPG Rise funds. This marks Blackstone’s foray into India’s health care services sector. TPG will continue […]

The post Blackstone Makes Health Care Foray With $1 Billion Deals, Buys Care Hospitals first appeared on Latest India news, analysis and reports on IPA Newspack.

MUMBAI: The answer to the Reserve Bank of India’s (RBI) question why its rate actions are not completely transmitted through the economy may lie in the shrinking trade volumes in the very segment the central bank targets through its monetary policy — the overnight call money market. The value of trades in the interbank call […]

The post Fall In Call Money Trades May Limit RBI Rate Move Impact first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: India is estimated to be a $30 trillion developed economy by 2047, preliminary results from the Centre’s vision document which is being prepared have shown, Niti Aayog CEO BVR Subrahmanyam said on Sunday. The Vision India@2047 document is likely to be released by PM Modi in the next three months. The estimates will […]

The post India To Become $30-Trillion Economy By 2047: NITI Draft Vision Document first appeared on Latest India news, analysis and reports on IPA Newspack.

By Nantoo Banerjee Prime Minister Narendra Modi may not derive much comfort from the fact that Indian Railways, the government’s single biggest public connect, is in bad shape. India’s railway network, recognised as one of the world’s largest railway systems under single management, carries some 24 million passengers daily. Politically, that is like addressing 240 […]

The post Indian Railways Urgently Needs A Full-Time Minister first appeared on Latest India news, analysis and reports on IPA Newspack.

By Girish Linganna As Israel ratcheted up its ground offensive on Saturday (October 28, 2023), relentlessly pounding Gaza with airstrikes to back up a night of intense bombing, the north of the Gaza Strip was assailed “on a magnitude never witnessed before” and there was “total chaos” in the region. Although there are no specific […]

The post Cessation Of Israel-Hamas Hostilities Is The Need Of The Hour first appeared on Latest India news, analysis and reports on IPA Newspack.

By Arun Srivastava Some political commentators hold the view that Palestinians should have followed the Gandhian path and also implicitly accuse them that they never followed the Gandhian path. However, their suggestion also applies to the Israel. The Israeli rulers should have followed the Gandhian path, and boy how they haven’t. This is most pertinent […]

The post Gandhi’s Experiment With Truth Has No Relevance For RSS Or Modi first appeared on Latest India news, analysis and reports on IPA Newspack.

By Sushil Kutty The Modi establishment, which takes pride in Prime Minister Narendra Modi’s “muscular foreign policy”, recently took Canada to task and bent Canadian Prime Minister Justin Trudeau to Modi’s will. Prime Minister Narendra Modi now has the challenging task of bringing home eight retired Indian Navy officers sentenced to death in Qatar, the […]

The post Prime Minister Has A Challenging Task In Ensuring Safe Return Of Navy Officers From Qatar first appeared on Latest India news, analysis and reports on IPA Newspack.

By Girish Linganna In a recent political development that could potentially reshape the dynamics in the Indian Ocean Region (IOR), the Maldives elected a new President, Mohamed Muizzu, 45, of the People’s National Congress (PNC) on September 30, 2023. Muizzu’s victory marked a significant shift in the nation’s foreign policy and raised concerns about the […]

The post Indian Geopolitical Stakes In Maldives And Indian Ocean Region Nations Are Very High first appeared on Latest India news, analysis and reports on IPA Newspack.

MUMBAI: Reliance Industries Ltd (RIL), India’s biggest company by market capitalization, reported a 29.7% increase in consolidated net profit for the July-September quarter on account of higher sales and the robust overall performance of its businesses. Net profit rose to ₹19,878 crore from ₹15,332 crore in the year earlier. Revenue from operations was up 1.2% […]

The post RIL Posts 29.7 Per Cent Jump In Q2 Net Profit To ₹19,878 Crore first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: Even as 5G, 6G, made-in-India phones and the role of tech revolution in bringing social justice dominated the seventh edition of the country’s flagship telecom summit ‘India Mobile Congress’, satellite communication managed to steal some of the thunder. At New Delhi’s Bharat Mandapam, which had last month hosted the G20 leaders, Prime Minister […]

The post India Mobile Congress 2023: India Will Lead The World In 6G, Says PM Modi first appeared on Latest India news, analysis and reports on IPA Newspack.

MUMBAI: JPMorgan has upgraded the domestic markets to ‘overweight’ (OW) from ‘neutral’ on the “positive historical seasonality to general elections.” The investment bank joins US-based peer Morgan Stanley to flag preference for the Indian markets, which has been the leading performer in the emerging market (EM) pack since 2021. JPMorgan sees cyclical and structural tailwinds […]

The post JP Morgan Upgrades India To ‘Overweight’ From ‘Neutral’ Ahead Of Elections first appeared on Latest India news, analysis and reports on IPA Newspack.

By Subrata Majumder The peculiarity of Hamas-Israel war is that unlike other wars or conflict, India do not succumb to the direct impact of the war. It is the spillover impact, which causes concern. Israel is not a major trading partner or major foreign investor in India. Neither, Palestine is. Israel accounts for less than […]

The post Indian Economy Will Be Seriously Impacted By War Only When Arab Nations Join first appeared on Latest India news, analysis and reports on IPA Newspack.

By K Raveendran Infosys founder Narayana Murthy’s call to the youth of the nation to declare ‘this is my country, I want to work for 70 hours a week’ has created such a storm that it has elicited response from every section of the society, including the veteran technocrat’s peers, employers, corporate personalities and of […]

The post Emotional Response To Murthy’s Call For 70 Hours Work Disguises Real Problems first appeared on Latest India news, analysis and reports on IPA Newspack.

RAIPUR: Steel Authority of India Limited’s (SAIL) Chhattisgarh arm Bhilai Steel Plant (BSP) has developed a new product to be used in the high-speed Mumbai coastal road project. During a visit to customer premises in Mumbai last month, the contractor (involved in the project) desired that wire rod mill, if possible, should produce TMT Fe-550D […]

The post SAIL Chhattisgarh Arm Makes Special Rods For Mumbai Coastal Road Project first appeared on Latest India news, analysis and reports on IPA Newspack.

AHMEDABAD: ArcelorMittal Nippon Steel India (AM/NS India), a joint-venture between ArcelorMittal and Nippon Steel, plans to develop a Deep Draft Greenfield Jetty having a capacity of 65 million metric tonnes per annum (MMTPA) at Suvali in Shivrampur village near Hazira. The proposed jetty project is envisaged to meet AM/NS India’s growing demand for raw materials […]

The post AM/NS India Plans To Develop Greenfield Jetty Near Hazira first appeared on Latest India news, analysis and reports on IPA Newspack.

MUMBAI: Investment in the Indian capital markets through participatory notes rose over a six-year high at Rs 1.33 lakh crore at September-end, making it the seventh consecutive monthly increase, on the back of robust macroeconomic fundamentals. This is the highest level since July 2017 — when investment through the route stood at Rs 1.35 lakh […]

The post P-Notes Investment Continues To Swell For Seventh Month On Robust Macros first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: Prime Minister Narendra Modi on Friday urged telecom and technology companies to create new domains that can be followed by other countries in future. Citing the example of UPI, a leading digital payments system, he said, “India has the power of a young demography and vibrant democracy. Today, when we are realising the […]

The post Create New Domains That Can Be Followed By Other Countries: PM To Telecom Companies first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: The United States has decided to withdraw its support for an initiative at the World Trade Organisation on free cross-border data flows without localisation, a move that strengthens India’s approach on retaining control over its data. Washington has decided to withdraw its proposal on digital trade at the global trade body to retain […]

The post US To Withdraw Key Proposal On Digital Trade first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: State-run oil marketing companies (OMCs) have the capacity to absorb the global crude price shocks as they have made large profits (in the previous quarters) due to high prices, Union Minister for Petroleum and Natural Gas Hardeep Singh Puri told FE on Thursday. Though it has been widely felt that OMCs whose bottom […]

The post Government Hints Against Hike In Fuel Prices first appeared on Latest India news, analysis and reports on IPA Newspack.

MUMBAI: Shareholders of Reliance Industries Ltd have approved the appointment of Isha Ambani, Akash Ambani and Anant Ambani to the company’s board as Non-Executive Directors with the required majority. While Isha and Akash got approval from 98 per cent of shareholders, Anant got approval from 92 per cent of the shareholders. Institutional Shareholder Services Inc., […]

The post Isha, Akash, Anant Get Shareholders’ Approval To Be Appointed On RIL Board first appeared on Latest India news, analysis and reports on IPA Newspack.

By Amarjeet Kaur October 31 is approaching, the day of foundation of the first national level organization of trade unions in India. A collective of trade unions from all sectors, formal and informal, gathered at Bombay and AITUC was founded with Lala Lajpat Rai, a tall leader of the freedom movement at that time, as […]

The post India’s First National Trade Union AITUC Approaches Its Foundation On October 31 first appeared on Latest India news, analysis and reports on IPA Newspack.