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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.

By Prabhat Patnaik All fascistic outfits have one common characteristic: they reject outright all evidence that goes against the narrative they spin; and the Hindutva elements in power in India are no exception. Their narrative presents India as the fastest growing economy in the world where the people never had it so good; but if […]

The post Continuing Hostilities To Evidence Based Studies Mark Nine Years Of Modi Regime first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: In a leg-up for India’s consistent stand against global rules on e-commerce, the US has decided to withdraw its proposal on digital trade at the WTO to retain the policy space for regulating big-tech firms. The US proposal on e-commerce rules, withdrawn at the WTO’s Joint Statement Initiative (JSI) on e-commerce on Wednesday, […]

The post US Withdraws Proposal On Digital Trade At WTO first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: The government on Wednesday extended mandatory blending of imported coal with domestic fuel for power gencos till the end of the current financial year, in an attempt to ensure uninterrupted power supply across the country. It also extended the emergency clause or Section 11 of the Electricity Act 2003 which mandates imported coal-based […]

The post Mandatory Imported-Coal Blending Extended Till FY24-End first appeared on Latest India news, analysis and reports on IPA Newspack.

India’s Oil and Natural Gas Corp hopes to recover over $500 million in dividends pending since 2014 for its stake in Venezuelan projects as sanctions on the nation were eased, a source said on Thursday. The source declined to be named due to sensitivity of the matter. The Biden administration on Wednesday eased sanctions on […]

The post ONGC Hopes To Recover Over $500 Million Dividend As Sanctions On Venezuela Eased first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: Government think tank NITI Aayog has initiated a study to develop a comprehensive action plan to bridge India’s trade deficit with China over time and align trading strategies with emerging geopolitical situation and potential risks to safeguard supply chains. The Aayog has invited bids from consultants to lead the two studies in areas […]

The post NITI Aayog To Develop Action Plan To Bridge Trade Deficit With China first appeared on Latest India news, analysis and reports on IPA Newspack.

MUMBAI: India’s largest information technology (IT) services company, Tata Consultancy Services (TCS), has received a notice from the Maharashtra government’s Ministry of Labour & Employment regarding the company’s delay in onboarding lateral recruits. The complaint was filed by the Pune-based IT employees’ union, Nascent Information Technology Employees Senate (NITES), in July 2023. While the exact […]

The post TCS Gets Notice From Maha Labour Ministry Over Lateral Onboarding Delay first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: A two-day meeting of senior officials of the World Trade Organisation (WTO) member countries which concluded in Geneva last Tuesday shaped agenda for the coming ministerial meeting of the world body, by narrowing down the differences over the key issues of agriculture, dispute settlement, e-commerce taxation, according to official sources. The direction and […]

The post Officials’ Meet Shape Agenda For Abu Dhabi WTO Ministerial first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: India’s demand for electricity for running household air conditioners is estimated to expand nine-fold by 2050 and will exceed total power consumption in the whole of Africa today, the International Energy Agency (IEA) said on Tuesday. In its latest World Energy Outlook, IEA said India will see the largest energy demand growth of […]

The post India’s Power Demand For ACs To Exceed Total Consumption Of Africa: IEA first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: India will become the world’s third-largest economy, overtaking Germany and Japan, by 2030 on the strength of its youthful demographic profile and rapidly rising urban household incomes, S&P Global Market Intelligence has projected. Now India is in fifth position. That will result in India becoming the second-largest economy in the Asia-Pacific region, after […]

The post India Set To Be World’s Third-Largest Economy By 2030, Says S&P Global first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: India and the United Kingdom are trying to find a middle ground to conclude a bilateral investment treaty along with a free trade agreement (FTA) by the end of this month, said people with knowledge of the matter. The prospects of a deal have brightened with the UK softening its stance on India’s […]

The post FTA Likely On Track As UK Warms To Investment Pact first appeared on Latest India news, analysis and reports on IPA Newspack.

By Arun Srivastava RSS chief Mohan Bhagwat does not enjoy the dubious reputation of speaking lies. But on Dussehra, in his annual sermon, when he tried to dig out the ghost of the “foreign powers” for putting the blame for the unabated six-month-long violence in Manipur, one could not hide the shock at Bhagwat not […]

The post RSS Supremo Blames Foreign Forces For Manipur Violence first appeared on Latest India news, analysis and reports on IPA Newspack.

By Dr. Gyan Pathak On a sacred religious occasion of Dussehra, Prime Minister Narendra Modi, played a vicious game of communal politics, when he expressed his diagnosis on social disharmony alleging ‘casteism’ and ‘regionalism’ as the causes, but not even mentioning the hate speeches based on religious bias and communalism. He was grossly wrong on […]

The post PM Narendra Modi’s Diagnosis On Social Disharmony Is Flawed first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: India’s commitment to become a major global manufacturing hub is reinforced as the sector witnesses a 36% increase in job postings, as unveiled by Indeed, a global matching and hiring platform. Recent data by Indeed also indicated that production/manufacturing continues to remain one of the most hired functional areas in the past year. […]

The post India’s Manufacturing Sector Surges With 36% Rise In Jobs: Report first appeared on Latest India news, analysis and reports on IPA Newspack.

US Secretary of State Antony Blinken has drawn a parallel between the terrorist attacks by Lashkar-e-Taiba in Mumbai and Hamas in Israel, emphasising that all acts of terrorism are “unlawful and unjustifiable.” Speaking at the United States Security Council ministerial meeting regarding the situation in the Middle East, following the October 7 attack on Israel […]

The post Blinken compares Hamas to 26/11 terrorists first appeared on Latest India news, analysis and reports on IPA Newspack.

By Dr. Gyan Pathak Discontent among the BJP leaders denied party tickets to contest Vidhan Sabha election in Madhya Pradesh and their supporters in the party’s rank and file is slowly acquiring dangerous dimension, a situation which is potentially frustrating for the BJP’s state and Central leaderships, particularly the Chief Minister Shivraj Singh Chouhan and […]

The post Discontent In BJP Acquires Dangerous Dimension In Assembly Polls first appeared on Latest India news, analysis and reports on IPA Newspack.

By Arun Kumar Shrivastav The cryptocurrency market is going through a prolonged winter, and very few things seem to be going in its favor, especially from the point of view of dramatic rise in prices and sky-high valuations of crypto coins. However, the cryptocurrency space is witnessing developments of far-reaching significance. For example, the United […]

The post Cryptocurrency Winter Could Transition To Spring As Early As 2024 first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: India has settled international trade worth over $2.5 billion in rupee after the Reserve Bank of India (RBI) facilitated this in July last year, according to a senior official. Much of the trade settlement in rupee has been with Russia, Sri Lanka and three-four other countries, he said. Though this shows a pick-up […]

The post Rupee Trade Worth $2.5-Billion Since July 2022 RBI Move first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: Foreign portfolio investors (FPIs) have withdrawn over Rs 12,000 crore from Indian equities this month so far, mainly due to a sustained rise in US bond yields and the uncertain environment resulting from the Israel-Hamas conflict. However, the story takes an intriguing turn on observing FPI activity in Indian debt as they have […]

The post FPIs Pull Out Rs 12,000 Crore From Equities So Far In October; Invest Rs 5,700 Crore first appeared on Latest India news, analysis and reports on IPA Newspack.

By Nitya Chakraborty The Hamas-Israeli war entered its seventeenth day on Monday indicating all the potential of the limited conflict engulfing the entire West Asian region if the global powers, especially the United States President Joe Biden does not persuade his friend Israeli:Prime Minister Benjamin Netanyahu to declare ceasefire immediately to stop the killing of […]

The post President Biden And Other Western Leaders Must Persuade Netanyahu To Declare Ceasefire first appeared on Latest India news, analysis and reports on IPA Newspack.

By Nantoo Banerjee The recommendation of the international proxy advisory firm, Institutional Shareholders Services (ISS), asking shareholders to vote against the proposal of 28-year-old Anant, the youngest son of Mukesh Ambani, for appointment on the board of Rs.9.75 lakh crore Reliance Industries may not look entirely unjust. Few will deny that Anant is too young […]

The post ISS Objection To Anant Ambani’s Board Level Elevation At RIL May Be Valid first appeared on Latest India news, analysis and reports on IPA Newspack.

By Harihar Swarup As the conflict between Israel and Hamas intensifies and the horrifying scale of the October 7 attack on civilians emerges, there is a growing disquiet in a section of the Congress about the working committee resolution that did not mention Hamas or condemn the terror attack . In fact, the first step […]

The post Congress Stand On Hamas-Israel War Reflecting Conflicting Views On Hamas first appeared on Latest India news, analysis and reports on IPA Newspack.