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NEW DELHI: The commerce ministry has set up a task force to identify and resolve trade barriers being faced by exporters in other countries, a move which would help provide greater market access to domestic goods, an official said. The development assumes significance as many times India’s exports suffer from these barriers such as time […]

The post Commerce Ministry Sets Up Task Force To Resolve Trade Barrier Issues For Exporters first appeared on Latest India news, analysis and reports on IPA Newspack.

By Stu Becker The World and Africa: An Inquiry into the Part Which Africa Has Played in World History by the legendary American communist historian W.E.B. DuBois argues that Africa’s great contributions to world civilization have been erased and ignored. DuBois argues that this is because of the transatlantic slave trade, which enslaved millions of […]

The post Legendary American Historian W.E.B. DuBoi’s Book ’The World And Africa’ Is Pathbreaking first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: As India and the four-member European Union Free Trade Association (EFTA) enter the final rounds of negotiations on a free trade agreement (FTA), the decision of Switzerland to bring down its import tariffs on industrial goods to zero has limited the gains that can be derived from the deal for New Delhi. Switzerland […]

The post Little Gains From FTA With EFTA After Swiss Move To Scrap Tariffs first appeared on Latest India news, analysis and reports on IPA Newspack.

CHENNAI: Billionaire Mukesh Ambani on Sunday said his firm Reliance Industries in partnership with Canada’s Brookfield will open a data centre in Chennai next week, marking entry into the fast-growing market. Reliance had in July last year invested about Rs 378 crore to enter an existing joint venture, where Brookfield Infrastructure and US-based realty estate […]

The post Ambani Says Reliance-Brookfield To Open Data Centre Next Week first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: Rural startups are making a strong pitch for new programmes to foster research and innovation, as the grassroots-level entrepreneurs seek support for streamlined supply chains, subsidies, improved infrastructure, and easy access to finance. As the Budget and the Lok Sabha elections draw closer, startups working in various sectors, especially in smaller towns and […]

The post Rural Startups Seek Better Infra, Easier Access To Funds first appeared on Latest India news, analysis and reports on IPA Newspack.

By Nantoo Banerjee There is nothing to panic immediately about India’s current general government debt, for which the International Monetary Fund has warned that it may exceed 100 percent of the country’s gross domestic product (GDP) in the medium term, or by 2028. In its annual ‘Article IV’ consultation report, IMF said that long-term risks […]

The post India’s General Government Debt Needs To Be Controlled first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: Defence Minister Rajnath Singh will leave on Monday for a two-day visit to London, underscoring India’s growing defence relations with the United Kingdom (UK). He will be accompanied by a high-level Ministry of Defence (MoD) delegation, comprising senior officials from the Defence R&D Organisation (DRDO), service headquarters and the Department of Defence Production. […]

The post Rajnath Singh To Talk Defence Production In A Two-Day Visit To London first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: Canada-based Brookfield Asset Management will acquire the Indian business of American Tower Corporation (ATC) for an enterprise value of Rs 16,628 crore ($2 billion), the company said on Friday. After its third acquisition in India’s telecom sector in four years, Brookfield is set to become the largest manager of telecom towers in the […]

The post Canada-Based Brookfield Asset Management To Buy ATC India In $2 Billion Deal first appeared on Latest India news, analysis and reports on IPA Newspack.

MUMBAI: Benchmark stock indices Sensex and Nifty closed higher for a second straight day on Friday, following gains in IT, tech and capital goods shares amid fresh foreign capital inflows. After slipping briefly during the late afternoon trade, the 30-share BSE Sensex made a quick recovery and jumped 178.58 points or 0.25 per cent to […]

The post Markets Extend Gains On Foreign Fund Inflows first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: The United Nations World Economic Situation and Prospects Report 2024 on Friday revised India’s gross domestic product (GDP) growth estimate for the 2024 calendar year to 6.2 per cent, compared to 6.7 per cent earlier. The report stated: “Economic growth in India is projected to remain strong at 6.2 per cent in 2024, […]

The post UN Report Revises India’s GDP Projection Downward To 6.2 Per Cent For 2024 first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: The government will focus on the existing PLI schemes for 14 sectors and for the time being is not considering to include new sectors like toys in the programme, a top official said on Thursday. Secretary in the Department for Promotion of Industry and Internal Trade (DPIIT) Rajesh Kumar Singh said the Production-Linked […]

The post PLI Schemes For New Sectors Not Being Considered At Present: DPIIT Secretary first appeared on Latest India news, analysis and reports on IPA Newspack.

Economic growth is set to be a driving force in the Asia-Pacific (APAC) region in 2024, particularly in emerging markets (EMs), providing a favourable backdrop for various sectors, reported Fitch Ratings. According to Fitch Ratings, while strong real GDP expansion is anticipated in India, Indonesia, the Philippines, and Vietnam, challenges from slower Chinese growth, subdued […]

The post Economic Growth Set To Drive Asia-Pacific Region In 2024; Challenges From Slower Chinese Growth, Global Demand: Fitch first appeared on Latest India news, analysis and reports on IPA Newspack.

MUMBAI: In line with the global funding winter, deal-making involving domestic firms hit a three-year low after falling 51 per cent to $83.8 billion in 2023, saved by the mega-merger of HDFC twins — the biggest deal in India Inc’s history till date, according to an industry report. Excluding the $60.4-billion HDFC Bank-HDFC merger, year-on-year […]

The post M&A Activities Plunge 51% To $83 Billion In 2023 Amid Funding Winter: Report first appeared on Latest India news, analysis and reports on IPA Newspack.

By P. Sudhir The Israel Defence Forces (IDF) have announced that the military operations in Gaza will continue throughout 2024. Israeli prime minister Benjamin Netanyahu, has repeatedly stated that the war in Gaza will continue till the Hamas is totally finished. He has also stated that Israel will control the Gaza border with Egypt which […]

The post Israel Is Seeking To Cleanse Gaza Of Palestinians Through Unending Bombings first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: Prime Minister Narendra Modi laid the foundation stone of important petroleum and natural gas projects worth more than Rs 9,000 crore on Tuesday. The two projects dedicated to the nation include Indian Oil Corporation Ltd’s (IOCL) 488-km-long natural gas pipeline from IP101 (Chengalpet) to IP 105 (Sayalkudi) section of Ennore-Thiruvallur-Bengaluru-Puducherry-Nagapattinam-Madurai-Tuticorin Pipeline, and Hindustan […]

The post PM Lays Foundation Stone Of Petroleum & Natural Gas Projects Worth Over Rs 9,000 Crore In Tamil Nadu first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: The country’s power consumption dipped 2.3 per cent to 119.07 Billion Units (BU) in December, marking its first monthly decline in eight months due to lower demand for heating equipment, especially in the north, on account of mild winter, according to government data. Earlier in April 2023, power consumption had dipped nearly 1.5 […]

The post Power Consumption Dips Marginally By 2.3% To 119.07 Billion Units In December: Govt first appeared on Latest India news, analysis and reports on IPA Newspack.

By Nantoo Banerjee The world is finally recognizing India’s economic strength and its fast-growing market size. Going by the overall development trend, the economy is capable of growing close to 10 percent annually over the next several years. In 2023-24, the economy may reach a growth rate of seven percent. Both domestic and foreign investors […]

The post Surging Demand, Rising Investment Put India’s Economy On Top Gear first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: Retail inflation for industrial workers increased marginally to 4.98 per cent in November compared to 4.45 per cent in October this year, mainly due to higher prices of certain food items. Food inflation stood at 7.95 per cent against 6.27 per cent in the previous month (October 2023) and 4.30 per cent during […]

The post Retail Inflation For Industrial Workers Rises Marginally To 4.98 Per Cent In November first appeared on Latest India news, analysis and reports on IPA Newspack.