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By K R Sudhaman Finance Minister Nirmala Sitharaman is confident that Indian economy is in a comfort zone to weather the storm witnessed in the global economy, with some of the advanced economies heading towards recession. Winding up the debate on price rise in Rajya Sabha she quoted IMF and former Reserve Bank Governor Raghuram […]

The post Is Indian Economy As Strong As Claimed By FM Nirmala Sitharaman first appeared on IPA Newspack.

  By Nantoo Banerjee   Why is it a matter of such a tearing hurry for Indian Railways that it has to rush to China to import 39,000 wheels while the same could have been locally produced? The Railways were well aware of the shortage of wheels for Linke Hofmann Busch (LHB) coaches for passenger […]

The post Chinese Exporters’ Dragon Grip Entangles India first appeared on IPA Newspack.

By Amulya Ganguli   The enforcement directorate’s relentless pursuit of the Congress and other opposition parties can prove to be counter-productive in the long run.   For a start, the impression can grow that the supposedly autonomous  agency is being less than professional in its targeting of the non- BJP parties. The narcotic bureau’s botched […]

The post Congress Must Stand Up To Modi Government’s ED Terrorism first appeared on IPA Newspack.

  By Sushil Kutty   Droupadi Murmu has taken oath on July 25, the 15th President of India. Her salary: Rs 5 lakh per month, plus perks. But why talk of the President’s salary? That is because there’s a big gap between what Prime Minister Narendra Modi’s picks for high office earn and what the […]

The post India Has World’s Highest Number Of ‘Extremely Poor’ Denizens first appeared on IPA Newspack.

  By James M Dorsey   When US intelligence asserted that Iran was selling hundreds of combat drones to Russia, it was signalling more than Iranian support for Vladimir Putin’s invasion of Ukraine.   Suggesting that Russia was not capable of serial producing its own drones, the intelligence served to question further Russian military capabilities, […]

The post Drones And Transport Capable Of Reshaping Eurasian Geopolitics first appeared on IPA Newspack.

By Dr. Nilanjan Banik   Over the last two weeks, the Opposition is disrupting the Lok Sabha on the grounds of high LPG price and GST on pre-packaged food items as factors behind inflation. And on August 5, Reserve Bank of India (RBI) increased the repo rate by 50 basis points to 5.4%.However, my take […]

The post More Tightening Of Monetary Policy May Not Be Effective At The Moment first appeared on IPA Newspack.

By Sushil Kutty   Men and women in black. The women outdoing the men in scaling police barricades. Especially Priyanka Gandhi Vadra. The nationwide protests were against price rise; unemployment, and GST on “dahi and dhood” and other food items. Not surprisingly, the presser earlier in the morning made no mention of price rise, unemployment […]

The post Congress Is Under Seige By The Modi Government And It Will Continue first appeared on IPA Newspack.

A Chinese research and survey ship is due to dock in the Chinese-run Hambantota Port in southern Sri Lanka on August 11, leading India to closely monitor the situation. Sri Lanka’s Defence Ministry media spokesman Colonel Nalin Herath said Sri Lanka understands India’s concern as the ship is capable of monitoring military installations, but it’s […]

The post India concerned at China ship heading for Lankan port first appeared on IPA Newspack.

By Binoy Viswam At the 75th year of Independence, India witnesses unusual initiatives from BJP, the ruling party. They are taking extra pains to exhibit their loyalty to the national freedom struggle and the National Flag. Anyone with a little understanding of history knows that neither the BJP nor its predecessors who form part of […]

The post Sangh Parivar And BJP Have No Right To Talk Of Tiranga Celebrations first appeared on IPA Newspack.

Heightened police activity outside the Congress party’s headquarters and chief Sonia Gandhi’s residence following the sealing of the offices of a company linked to the party’s leadership was an attempt to intimidate the opposition, Congress leaders said on Wednesday. “@INCIndia is under siege. Delhi police has surrounded our HQs, and homes of INC President & […]

The post Cong sees Herald House sealing as attempt to intimidate first appeared on IPA Newspack.

Raghuram Rajan, the former Governor of the Reserve Bank, told NDTV today that while growth figures in India is better than many nations, the country needs more on account of its huge population. Though the growth figure is around 7 per cent — which the government quoted in parliament in response to the debate on […]

The post Raghuram Rajan says govt intolerant towards criticism first appeared on IPA Newspack.

By K Raveendran Parliament has been witnessing a standoff between the government and the opposition over the issue of price rise and inflation, with the opposition demanding urgent debate on the issue and the Modi government showing the inclination to go to any extent, including suspension of over a scores of members belonging to the […]

The post Modi Govt Continues To Run Away From Vexed Inflation Issue first appeared on IPA Newspack.

By Sushil Kutty Destitution, bankruptcy, mass famine! Some rightwing folks desperate to see the back of Joe Biden are predicting this for America. They do not like the President’s “dementia” and are not hailing Speaker Nancy Pelosi for taking on the People’s Republic of China in its own backyard. One of them has come up […]

The post Price Rise Of Essential Commodities Has Led The Poor Gasping In India first appeared on IPA Newspack.

By Dr. Gyan Pathak Foodgrain crisis is set to further aggravate in India. Earlier, the heatwave conditions impacted the wheat crop leading to less production and procurement enforcing wheat export ban on May 13, and now deficit rainfall has caused a decline of rice cultivation by about 13 per cent so far. The shrinkage in […]

The post Foodgrain Crisis To Aggravate In India In The Coming Months first appeared on IPA Newspack.

Bihar minister Ram Surat Rai on Friday heaped praises on Prime Minister Narendra Modi, under whose leadership India ran the world’s biggest vaccination drive during the Covid-19 pandemic, and credited him for saving the lives of Indians. “If you are alive, the credit goes to Narendra Modi. He developed the vaccine during the covid pandemic and […]

The post “You’re alive because of Narendra Modi”: Bihar minister first appeared on IPA Newspack.

By Sushil Kutty Forget about the 56” chest; forget about ‘vishwaguru’, answer just this one question: “What was the National Security Advisor of the Prime Minister of India doing at an inter-faith meet talking national security matters with a bunch of clerics, asking their permission to ban the radical Popular Front of India, if at […]

The post NSA Ajit Doval Meeting Sufi Clerics And Seeking Their Intervention, Is Ominous first appeared on IPA Newspack.

By Arun Kumar Shrivastav Even though no immediate solution seems to be in sight for millions of hungry people, Sri Lanka is fast becoming a strategic flashpoint. Earlier, there were talks about different world powers playing their roles in giving Gotabaya Rajapaksa and Basil Rajapaksa a safe exit from Sri Lanka by getting their consensus […]

The post Sri Lankan President Vickremesinghe Is Powerless With Empty Coffers first appeared on IPA Newspack.

By Subrata Majumder RBI decision to permit rupee convertible in export and import is a precursor to make rupee an international currency.  Although the convertibility is limited to current account, RBI’s decision demonstrates India’s readiness to move forward for full convertibility. Essence of rupee convertibility is a challenge to the global economy by India’s strong […]

The post RBI’s Latest Decision Prepares Ground For Full Convertibility Of Rupee first appeared on IPA Newspack.

By Dr. Nilanjan Banik All is not well when it comes to India’s trade deficit and value of Indian Rupee. While the trade deficit has widened to a record $25.63 billion in the month of June, latest data suggests Indian Rupee for the first time has crossed 80-mark against US dollar. There are two aspects […]

The post Falling Rupee Will Add To Inflationary Pressures On Indian Economy first appeared on IPA Newspack.

By Dipankar Bhattacharya Fifty years have elapsed since the death of Comrade Charu Mazumdar in Kolkata’s Lalbazar police lock-up. Back then, the Indian state must have heaved a huge sigh of relief, expecting his death to mark the end of the revolutionary wave that had spread across India in the wake of Naxalbari. But five […]

The post Remembering CPI(ML) Leader Charu Mazumdar Fifty Years After His Death first appeared on IPA Newspack.

By K Raveendran Developments in Sri Lanka have served as an eye-opener to the inherent dangers of prodigal spending by governments and the implications of freebies model. Unprecedented visuals from the island nation — of people dropping dead while waiting in multi-kms long queue for petrol and diesel, a sea of humanity swarming the presidential […]

The post Arvind Kejriwal Beating Narendra Modi In His Own Game Of Sops first appeared on IPA Newspack.

By Harihar Swarup Droupadi Murmu has become the 15th President of the Republic of India. The constitutional framework of India is Parliamentary, that is led by elected representative and overseen by the first person of the country, the President of India. India inherited the Presidential position equivalent to the crown of England. However, unlike India, […]

The post New President Droupadi Murmu Has Aroused Expectations In Tribals first appeared on IPA Newspack.

By K R Sudhaman India’s Chief Economic Advisor V Anantha Nageswaran is of the view that India’s Inflation though beyond RBI’s band is not that big a source of worry as it is still much less than several advanced economies, some of whom have it in double digits. Inflation no doubt is a global phenomenon […]

The post Monetary Policy Is Not Adequate To Tame India’s Present Inflation first appeared on IPA Newspack.

By Nantoo Banerjee It is a matter of great concern that for the country’s millions of educated youth, degrees and certificates have become as useless as wastepapers as they fail to provide jobs and help brighten their future. Going by the official records, in the academic year of 2018 about 64.7 lakh students passed out […]

The post Rising Jobless Educated Youth Outpace India’s Economic Growth first appeared on IPA Newspack.