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NEW DELHI: The government may extend the concessional 15 per cent income tax rate for corporates to set up new manufacturing units by one year till March 31, 2025, to encourage private investments, EY said in its 2024 Budget expectation report. Finance Minister Nirmala Sitharaman is scheduled to present the interim Budget for 2024-25 on […]

The post Government May Extend Concessional 15 Per Cent Tax For New Manufacturing Units By One Year: EY first appeared on Latest India news, analysis and reports on IPA Newspack.

MUMBAI: The Reserve Bank of India (RBI) governor, Shaktikanta Das, said on Tuesday that retail inflation is slowly moderating and is steadily moving towards the target of 4 per cent. During a fireside chat at the World Economic Forum in Davos, Das stated that core inflation has started to move down, which gives confidence that […]

The post Inflation Moderating, Steadily Moving Towards 4% Target: RBI Governor first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: A significant majority of Indian chief executive officers (CEOs) are of the opinion that the Indian economy will witness improvement over the next 12 months, as the country reclaimed its fifth position as an investment destination, according to a survey. According to PwC’s 27th Annual Global CEO Survey, 86% of Indian CEOs express […]

The post Indian CEOs Optimistic About Country’s Economic Growth: Survey first appeared on Latest India news, analysis and reports on IPA Newspack.

Fitch has affirmed India’s sovereign rating at ‘BBB-’ with a stable outlook citing a robust medium-term growth outlook and sound external finances. The agency, however, flagged the country’s weak public finances as the “largest constraint” to the rating. The rating agency revised its growth projection for FY24 to 6.9% from the 6% forecast earlier. Fitch […]

The post Fitch Affirms India Rating At ‘BBB-’ With Stable Outlook first appeared on Latest India news, analysis and reports on IPA Newspack.

Cambodia’s Premier Watchmaking Initiative Funded by Philanthropist and Prince Group Chairman Chen Zhi PHNOM PENH, CAMBODIA – Media OutReach Newswire – 17 January 2024 – H.E. Heng Sour, Minister of Labour and Vocational Training, and Mr. Ky Sokkim, CEO of the Skills Development Fund (SDF), recently toured the Prince Horology Vocational Training Center. This center is a key project funded by philanthropist Chen Zhi, Chairman of Prince […]

​Large Design Models, created in-house by Locofy.ai, can be used to turn designs into rich code, saving developer time. Locofy.ai announces the launch of Locofy Lightning, accelerating the design-to-code transformation. Singapore – January 16, 2024 — Singapore-based tech startup Locofy.ai is revolutionizing the web development industry with the launch of Locofy Lightning, a cutting-edge tool that leverages their proprietary Large Design Models (LDMs) to convert Figma designs […]

NEW DELHI: Capital markets regulator Sebi on Monday proposed to provide flexibility to Alternative Investment Funds (AIFs), Venture Capital Funds (VCFs) and their investors to deal with unliquidated investments of their schemes beyond expiry of tenure. In its consultation paper, the regulator suggested that instead of launching a new liquidation scheme by AIFs, the same […]

The post SEBI Mulls Liquidation Flexibility For AIF, VCFs To Deal With Beyond Tenure first appeared on Latest India news, analysis and reports on IPA Newspack.

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Ranjiv Raman & Agnes Goh to lead Discretionary Solutions and Family Advisory & Institutional Wealth HONG KONG SAR – Media OutReach Newswire – 16 January 2024 – WRISE Wealth Management Singapore (WRISE WM) is proud to announce the appointment of two distinguished professionals to its team, further strengthening its leadership in the wealth management sector. The company has appointed Mr. Ranjiv Raman as Managing Director and Head […]

Arabian Post Staff The proportion of CEOs who believe global economic growth will improve over the next 12-months has more than doubled since year-on-year. At the same time the proportion of CEOs concerned about their long-term business viability has risen to 45% as tech and climate pressures accelerate, according to PwC’s 27th Annual Global CEO Survey, published today. The survey, which interviewed 4,702 CEOs across 105 countries and […]

Sharing Research Results and Promoting the Sustainable Growth of the Industry SHANGHAI, CHINA – Media OutReach Newswire – 16 January 2024 – Hang Lung Properties (SEHK stock code: 00101) (“the “Company” or “Hang Lung”) and The Hang Lung Center for Real Estate at Tsinghua University (“the Center”) successfully hosted the Sustainability in Real Estate Conference 2023 cum Annual Research Results Announcement at the new Civil Engineering Building […]

The traditional 60/40 investment portfolio, a stalwart for investors seeking a balanced blend of stocks and bonds, has proven its resilience for decades. However, in the shifting landscape of 2024, where long-standing market trends face transformation, investors are prompted to re-evaluate and revise the traditional approach for maximizing returns. While rumours of the demise of the 60/40 portfolio may be overstated, strategic adjustments are necessary to navigate […]

Introduction In the field of blockchain technology, the Ethereum network has completely changed the game. Since its 2015 launch, Ethereum has made it possible to create smart contracts and decentralized applications (dApps) that operate on its network. The thriving and active Ethereum community, which has significantly influenced the network’s future, is responsible for Ethereum’s success. In this post, we’ll examine how the Ethereum community has shaped the […]

NEW DELHI: The pharma industry has sought fiscal incentives to promote research and development (R&D) in the sector, as it is likely to reach USD 400-450 billion market size by 2047. In a statement, Indian Pharmaceutical Alliance Secretary General Sudarshan Jain said there is a high risk, long gestation period and low success rate in […]

The post Pharma Industry Seeks Incentives For R&D, Conducive Policies first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: State-owned Oil and Natural Gas Corporation (ONGC) has made two significant back-to-back natural gas discoveries in a Mahanadi basin deepwater block in the Bay of Bengal as its calculated game plan of venturing into high-risk deep water exploration starts yielding results. The firm made the discoveries in the block MN-DWHP-2018/1, which it had […]

The post ONGC Makes Back To Back Gas Discoveries In Mahanadi Basin Block first appeared on Latest India news, analysis and reports on IPA Newspack.

By Arun Srivastava In October last year at the Group of 20 summit in New Delhi, Narendra Modi had projected India under his rule as a rising diplomatic powerhouse and elicited sycophantic commentary on its growing confidence. While boasting of his image of a ‘Vishwa Guru’, Modi often ignores the bare fact that goodwill cannot […]

The post Maldives Crisis Exposes India’s Lack Of Diplomatic Wisdom, Wider Vision first appeared on Latest India news, analysis and reports on IPA Newspack.

By Dr. Gyan Pathak Uncertainty in Global labour market is likely to continue while unemployment is set to rise in 2024. Growing inequality and stagnant productivity will also be cause of concern on the economic front, especially at a time when the global economy is on track for the slowest half-decade of growth in 30 […]

The post Uncertainty In Labour Market To Continue, Unemployment To Rise In 2024 first appeared on Latest India news, analysis and reports on IPA Newspack.

MUMBAI: The Reserve Bank of India’s (RBI) monetary policy action may be credited for reducing core Consumer Price Index (CPI) inflation in the recent months, but a sub-4% core print also denotes weak demand conditions in the country at an aggregate level, say economists. Curiously, this is also a bit at odds with the RBI’s […]

The post Sub-4 Per Cent Core Inflation Betrays Weak Demand Conditions first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: The government is set to enlist state-run power sector companies such as NTPC, NHPC, Power Grid Corporation and SJVN to support its efforts to push households to adopt the rooftop solar programme. Guidelines to be announced soon would allow these public sector units to cover the installation cost for the solar systems and […]

The post PSUs To Charge Up Govt’s Rooftop Solar Scheme first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: The Build Operate Transfer (BOT) model for highway construction is back, with the National Highways Authority of India (NHAI) calling bids for projects entailing combined investments of Rs 31,000 crore via this route. In all, 8 key highway stretches including a greenfield access-controlled expressway is proposed to be developed in the BOT model, […]

The post Bids For Rs 31,000-Crore Highway Projects Called Under BOT Model first appeared on Latest India news, analysis and reports on IPA Newspack.

TOKYO, JAPAN – Media OutReach Newswire – 15 January 2024 – Creww Inc. (Japan Office: Shibuya-ku, Tokyo, Representative: Sorato Ijichi, hereinafter “Creww”), Japan’s leading open innovation platform provider, and Real Madrid Next are pleased to announce the launch of a new accelerator program “Real Madrid Next Accelerator for Asia,” aimed to create business partnerships between Real Madrid Next and Asian startups. Creww will partner with Real Madrid […]

HAI PHONG, VIETNAM – Media OutReach Newswire – 13 January 2024 – On January 13, 2024, Indonesian President Joko Widodo, as part of his state visit to Vietnam, visited the VinFast electric automobile and motorcycle manufacturing complex in Hai Phong and received a firsthand look at the Vietnamese brand’s premium electric vehicles. Prior to that, in Hanoi, President Widodo and Vietnamese Prime Minister Pham Minh Chinh had […]

HONG KONG SAR – Media OutReach Newswire – 11 January 2024 – Nexif Ratch Energy Investments Pte. Ltd. (“Nexif Ratch Energy”), a leading owner/operator and developer of clean-energy power projects in the Asia Pacific region, is pleased to announce the appointment of Cyril Dissescou as its Chief Executive Officer. Cyril takes over from Matthew Bartley who stepped in as interim CEO to establish Nexif Ratch Energy during […]

NEW DELHI: The central public sector enterprises (CPSEs) and other government agencies like the NHAI and the Railways have invested Rs 5.51 trillion or 75% of their combined FY24 capital expenditure target in April-December period. On an annual basis, these entities’ capex grew by robust 22.4% in the first nine months of the current financial […]

The post CPSEs Meet 75 Per Cent Of FY24 Capex Target In April-December first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: The government is expected to announce its commitment to reforms in the financial sector in the upcoming interim budget, laying the roadmap for big bang announcements in 2024-25, including the privatisation of a state-run bank and a general insurance firm, said people with knowledge of the matter. Finance minister Nirmala Sitharaman is also […]

The post Plans Afoot To Privatise A PSB & A General Insurer first appeared on Latest India news, analysis and reports on IPA Newspack.

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