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NEW DELHI: Delhi-NCR witnessed a sharp 42 per decline in demand for warehouse and industrial spaces last year on high base effect and lower new supply, according to Colliers. The gross leasing of Grade-A industrial & warehousing spaces fell to 5.1 million square feet in 2023 from 8.8 million square feet in the previous year. […]

The post Demand For Industrial, Warehousing Spaces In Delhi, NCR Falls 42 Per Cent first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: India and the UK will likely sign an agreement in early February to spurt flow of London-based patient capital funds the burgeoning infrastructure sector of the world’s fifth largest economy. India is aiming for $5-10 billion inflows in the initial phase to establish a proof of concept in project financing for investors to […]

The post India Looks To Tap London Funds For Infrastructure Investment first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: The government has halved the amount of equity infusion in state-owned fuel retailers to Rs 15,000 crore for supporting their investments in energy transition projects, the finance ministry has said. Finance Minister Nirmala Sitharaman had on February 1 last year while presenting the annual Budget for 2023-24 fiscal (April 2023 to March 2024) […]

The post Govt Halves Budget Support To Oil Firms, Defers Filling Strategic Reserves first appeared on Latest India news, analysis and reports on IPA Newspack.

deploys ‘Strategy 3+1’ to deliver sustainable value to all stakeholders, including customers, shareholders, employees, regulators and society at large. “KBank aims to be a solidly dependable partner to our customers, and other stakeholder, and to deliver solid performance to our shareholders in an increasingly unpredictable global economic environment.” Ms. Kattiya Indaravijaya, Chief Executive Officer, KBank ‘Strategy 3+1’ to help KBank grow business by focusing on three strategic […]

By Prabhat Patnaik The unemployment situation is worse today than it has ever been in post-independence India. There are two distinct elements that have contributed to this situation. One is the fact that the output recovery from the fall caused by the pandemic-linked lockdown has not been accompanied by a comparable employment recovery. In fact, […]

The post Introduction Of Universal Employment Guarantee Scheme Is Need Of The Hour first appeared on Latest India news, analysis and reports on IPA Newspack.

MACAU SAR – EQS Newswire- 26 January 2024 – Greater Bay Area International Sports Business Summit is set to bring together industry leaders in the world of sports for a two-day event on February 23 and 24, 2024, at the Galaxy International Convention Center (GICC) in Macau. The Summit is co-hosted by Realeague, Lanxiong Sports, and Macau Pass; organized by Modern Sports and supported by Sports Bureau […]

Customer and policy numbers see over 21-fold and 25-fold growth respectively Jointly donate ARIA test machine to Hong Kong Lutheran Social Service to drive the development of a healthy community HONG KONG SAR – Media OutReach Newswire – 25 January 2024 – This year marks the 10th anniversary of the exclusive bancassurance partnership between Citibank and AIA Hong Kong. Throughout the decade-long collaboration, AIA Hong Kong’s many […]

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MUMBAI: In a relief to foreign portfolio investors (FPIs) with disproportionately high exposure to a single corporate group, the Securities and Exchange Board of India (Sebi) has decided to give them more time to comply with the new disclosure norms on beneficial owners or liquidate holdings, sources close to the development said. In its latest […]

The post SEBI Relief For High-Risk FPIs; Offers Grace Period And Liquidation Option first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: Industry bodies have sought continued thrust on capital expenditure (capex) in their proposals to the Finance Ministry for the upcoming interim budget to be presented by Finance Minister Nirmala Sitharaman on February 1. The Confederation of Indian Industry (CII) has asked for an increase in capex by at least 20 per cent to […]

The post Industry Bodies Seek Thrust On Capex To Continue In Interim Budget first appeared on Latest India news, analysis and reports on IPA Newspack.

Rapidly growing venture-backed unSkript helps customers in managing their complex Kubernetes infrastructure with Generative AI. All health-check tests are available as opensource. San Francisco, California, United States – January 24, 2024 /MarketersMEDIA/ — unSkript, an Infrastructure Health Intelligence platform, leverages Generative AI to assist software teams to proactively and automatically detect and resolve potential infrastructure health issues and production downtime; mitigating the risk of human error and […]

NEW DELHI: The Ministry of Electronics and IT (Meity) will seek cabinet approval for the India AI program, which includes the setting up of GPU-based servers in public-private partnership mode with an outlay of over Rs 10,000 crore, Minister of Electronics and IT Rajeev Chandrasekhar said on Tuesday. Working groups formed by the government on […]

The post MeitY To Seek Cabinet Nod For India AI Programme Entailing Rs 10,000 Crore Investments: MoS IT first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: The government may go slow on sale of any extra stake in Life Insurance Corporation (LIC) and wait for investors who participated in the state-run insurer’s initial public offer (IPO) to book a decent capital appreciation. It feels that an appropriately timed follow-on offer is crucial for keeping investor interests in the stock […]

The post No Fresh Stake Sale In LIC In Near Future; Eyeing Larger Investor Pool first appeared on Latest India news, analysis and reports on IPA Newspack.

HONG KONG SAR – Media OutReach Newswire – 24 January 2024 – Kerry Logistics Network Limited’s (‘Kerry Logistics Network’, ‘KLN’; Stock Code 0636.HK) subsidiary Kerry Logistics (UK) Limited (‘Kerry Logistics UK’) won the Supply Chain Management Award at the 35th British International Freight Association (‘BIFA’) Freight Service Awards 2023 held in London on 18 January 2024. The award acknowledged Kerry Logistics UK’s outstanding performance in supply chain […]

NEW DELHI: The vision to make India a developed nation by 2047 includes a major shift towards electric vehicles, supported by tax incentives, production linked incentive schemes, and the mandatory provision of charging infrastructure, a top government official said on Monday. Secretary in the Department for Promotion of Industry and Internal Trade (DPIIT) Rajesh Kumar […]

The post EVs Adoption To Play Major Role In India’s Transition To Low Carbon Economy: DPIIT Secretary first appeared on Latest India news, analysis and reports on IPA Newspack.

BENGALURU: Foreign investments in the Indian real estate sector, led by the US, experienced a decline in 2023 due to high inflation and geopolitical concerns. Notably, office spaces emerged as the most favoured investment asset. Investments from American institutions in the Indian real estate market fell by 39 per cent in 2023 to $1.35 billion […]

The post Global Investments In Indian Real Estate Sector Dip Due To High Inflation first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: The Centre may unveil a new scheme or enhance one of the existing schemes to improve the welfare of a “target beneficiary group,” ahead of the general election, an person privy to the matter told FE. Though the details aren’t known, additional support measures for the fishing community are a possibility, the source […]

The post Budget May Have A Southern Flavour; More Aid To Fishing Community Likely first appeared on Latest India news, analysis and reports on IPA Newspack.

Promoting Transformation of Trading Technology R&D and Service HONG KONG SAR – Media OutReach Newswire – 23 January 2024 – International Genius Company (“IGC” or the “Company”, together with its subsidiaries, the “Group”; stock code: 0033.HK) is pleased to announce that, on 22 Jan 2024 (after trading hours), Gold Collection Enterprises Limited (the “Purchaser“, a wholly-owned subsidiary of the Company), the Company and Dr. Ye Guanhua (the […]

Prince Holding Group’s Program to Support 400 Students for Seven Years with $2 Million Investment PHNOM PENH, CAMBODIA – Media OutReach Newswire – 23 January 2024 – Prince Foundation, the philanthropic arm of Prince Holding Group, is excited to open online applications for the third batch of the prestigious Chen Zhi Scholarship program. This initiative aims to assist 100 deserving, underprivileged students for the 2024 academic year. […]

SINGAPORE – Media OutReach Newswire – 23 January 2024 – The Institute of Singapore Chartered Accountants (ISCA) announced the signing of three landmark Memoranda of Understanding (MOUs) with key stakeholders in Indonesia, strengthening international collaboration and fostering new opportunities for the accountancy profession in both countries. With 26.7 million Indonesian companies, including 650 public accounting firms and 686 accounting services firms with over 40,000 members in Ikatan […]

NEW DELHI: The fiscal deficit target for FY25 is likely to be pegged at 5.3 per cent of the gross domestic product (GDP) in the upcoming interim budget, suggests an analysis of multiple projections made by economists and forecasting agencies. Fiscal deficit is the difference between the total income of the government and the total […]

The post Interim Budget 2024-25: Govt May Target 5.3% Fiscal Deficit For FY25 first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI:  With private investment still muted, the government is likely to maintain its momentum on increasing capital expenditure, especially for the infrastructure sector in the upcoming Budget to propel economic growth. Post COVID-19, the Budget has been laying special emphasis on capex. It has kick-started a dormant cycle for the economy. As a result […]

The post Government Likely To Do Heavy Lifting, Capex To Increase first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: Led by mining and highways, the Centre’s asset recycling drive to generate resources for fresh investments in infrastructure will likely yield around Rs 1.5 trillion in the current fiscal, the highest mop-up since the National Monetisation Pipeline (NMP) was rolled out in 2021-22. Transactions with aggregate monetisation values of around Rs 0.97 trillion […]

The post Asset Monetisation: Record Mop-Up Of Rs 1.5 Trillion Likely In FY24; Mining And Highways To Contribute Over Rs 1 Trillion first appeared on Latest India news, analysis and reports on IPA Newspack.

BANGKOK, THAILAND – Media OutReach Newswire – 22 January 2024 – Being such a ‘happening’ city, Bangkok already has numerous events lined up. Bangkok Design Week 2024 (BKKDW2024), in its 7th edition, is one of the biggest design festivals taking place from 27 January – 4 February 2024. It aims to present core design challenges and creative endeavors, reflecting the authentic issues faced by the city. BKKDW2024, […]

HONG KONG SAR – EQS Newswire – 22 January 2024 – Uni-Bio Science Group Limited (“Uni-Bio”, the “Company”, together with its subsidiaries, the “Group”), a leading biopharmaceutical company, is excited to announce that the China National Medical Products Administration (“NMPA”) has officially approved the marketing application for BOGUTAI® (teriparatide injection) on January 16, 2024, with the approval number “国药准字S20240004”. This significant milestone heralds a transformative era in […]

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