NANNING, CHINA – Media OutReach Newswire – 12 January 2024 – With the barrier gate for customs release lifted, 6 tonnes of blended yarn was imported tariff-free to China through Dongxing, a border city in south China’s Guangxi Zhuang Autonomous Region. The yarn was produced in a Vietnamese production line of the cotton yarn production giant Texhong International Group Limited and will be further processed to produce […]
India’s industries are counting on the government to target larger capex outlay of atleast ₹12-lakh crore in the upcoming interim Budget (2024-25) to support higher GDP growth in a year when global economic slowdown in expected to be pronounced. This comes even as the private sector’s side of investment push has not been exuberant in […]
The post Private Sector Urges Massive Capex Booster Dose In Interim Budget As Well first appeared on Latest India news, analysis and reports on IPA Newspack.
HONG KONG SAR – Media OutReach – 12 January 2024 – Today, IX Asia Indexes announced the 2023 4th quarter review of ixCrypto Index Series and second-half yearly review of the IX Digital Asset Industry Series. The constituent change for ixCrypto Index Series will be effective on 19 January, 2024 (Friday), while the constituent change for IX Digital Asset Industry Index Series will be effective on 1st […]
Samer Hasn Cryptocurrency market had a very volatile night. Bitcoin fluctuated between the levels of $44,800 and $47,730. Ethereum was also able to advance and register more record levels that we have not seen since May of 2022, reaching the level of $2644. The movements in the cryptocurrency market came with the historic event of the Securities and Exchange Commission’s approval of the launch of a number of […]
K Raveendran In a landmark judgement, the US SEC has approved 11 Bitcoin spot ETFs paving the way for mass adoption of digital assets. Sending you herewith, reactions from industry stalwarts on its impact and future outlook. According to experts, it is expected that the US decision would prompt financial institutions in other regions to apply for similar businesses. In view of this, other financial centres such […]
NEW DELHI: Signalling a recovery from the Covid-19-induced pandemic, growth in the real wages stayed positive in India for the second consecutive year in 2022, the latest study by the International Labour Organisation (ILO) shows. Along with Turkiye, India is the only country among the G20 grouping that saw positive growth in real wages for […]
The post Real Wage Growth Positive For Second Straight Year In 2022: ILO Study first appeared on Latest India news, analysis and reports on IPA Newspack.
US regulators for the first time approved exchange-traded funds that invest directly in Bitcoin, a move heralded as a landmark event for the roughly $1.7 trillion digital-asset sector that will broaden access to the largest cryptocurrency on Wall Street and beyond. The Securities and Exchange Commission, whose three-part mandate includes investor protection, authorized funds from […]
The post US SEC Authorises Direct Bitcoin-Spot ETFs, Revolutionising Crypto Investments first appeared on Latest India news, analysis and reports on IPA Newspack.
By Anjan Roy After fiddling with the Indian economy for years, Raghuram Rajan, former governor of Reserve Bank of India, finds himself in a kind of Hamlet moment. Rajan had observed that India would be lucky to reach a 5% growth rate during the current fiscal year. He was heaped with criticism for his pessimism […]
The post Indian Economy Has Shown Its Own Strengths Through High Growth In 2023-24 first appeared on Latest India news, analysis and reports on IPA Newspack.
MUMBAI: India has emerged as “vishwa mitra”, or a trusted friend, in the rapidly changing world order, said Prime Minister Narendra Modi on Wednesday. He projected the country as a new ray of hope amid global uncertainties and an engine of growth for the world economy. The prime minister was addressing the Vibrant Gujarat Global […]
The post Vibrant Gujarat Global Summit 2024: India A Vishwa Mitra, Says PM Modi first appeared on Latest India news, analysis and reports on IPA Newspack.
NEW DELHI: After bilaterally resolving many major trade disputes that had reached the dispute settlement body at the World Trade Organisation, trade ministers of India and US will meet here on Friday to discuss other pending issues. Fast-tracking of the process of inspection and audit of Indian pharma companies by US Food and Drug Administration, […]
The post Pharma, Restoration Of Duty Reliefs To Top India-Us Trade Forum Agenda first appeared on Latest India news, analysis and reports on IPA Newspack.
Collaboration includes creation of a dedicated growth engine in NCS, as well as new Intellectual Property (IP) and end-to-end solutions, unlocking greater value for clients in Asia Pacific. SINGAPORE – Media OutReach Newswire – 11 January 2024 – NCS today announced an expanded collaboration with Microsoft in Asia Pacific to enable clients to accelerate AI and Cloud solutions. NCS will create a dedicated Microsoft growth engine with […]
The SEC approval of Bitcoin Exchange-Traded Funds (ETFs) signals a landmark moment for both Bitcoin and the broader cryptocurrency market, and could send prices skyrocketing in the longer-term with BTC prices perhaps hitting $60,000 this quarter, predicts the CEO of one of the world’s largest independent financial advisory, asset management and fintech organizations. The bullish prediction from Nigel Green of deVere Group, a long-term high profile cryptocurrency […]
NEW DELHI: Indian economy will likely pick up pace in FY25 and FY26, growing 6.4% and 6.5%, respectively, on the back of a strong investment and services push, retaining the fastest-growing major economy tag, the World Bank said Tuesday. The multilateral institution has forecast global growth to slump further to 2.4% in 2024 from 2.6% […]
The post World Bank Pegs India’s FY25 Growth At 6.4 Per Cent first appeared on Latest India news, analysis and reports on IPA Newspack.
By K Raveendran Geopolitics and guidance from the US Federal Reserve may not be the only factors that determine the performance of gold in the New Year. The Indian and other elections slated for the year may also be determinants. India is the second largest gold consumer in the world and the rate at which […]
The post Implications Of National Elections For Gold Demand In India And World Markets first appeared on Latest India news, analysis and reports on IPA Newspack.
CashRegain receives acclaim for effective, client-focused fund recovery services in glowing client reviews. United States – January 10, 2024 — CashRegain is excited to announce its official launch, already backed by an outpouring of positive reviews for its revolutionary approach to fund recovery services. As a new player in the fund recovery industry, CashRegain is making waves with its commitment to integrity, client-centric service, and effective recovery […]
STT GDC sets industry benchmarks in sustainable financing as the first sustainability linked perpetual issuance in Asia. SINGAPORE – Media OutReach Newswire – 10 January 2024 – ST Telemedia Global Data Centres (STT GDC), one of the world’s fastest growing data centre providers, announced that it has on 8 January 2024 issued S$450 million of Sustainability-Linked Perpetual (SLP) securities under the company’s S$1.5 billion multicurrency debt issuance […]
Arabian Post Staff India and the UAE signed three Memorandums of Understanding (MoUs), setting out frameworks for the expansion of bilateral investment cooperation in the renewable energy, food processing and healthcare sectors. The agreements were signed on the occasion of Sheikh Mohamed bin Zayed Al Nahyan, President of the UAE, by the Ministry of Investment of the UAE with the respective Indian ministries, underscoring the UAE’s strong […]
Arabian Post Staff JetFinder, a Toronto-based private jet broker with UAE presence, recently set a milestone by recording a cryptocurrency transaction for approximately 750K USDT for a single flight booking. The anticipated approval of a Bitcoin ETF represents a significant milestone in the financial and aviation sectors, potentially revolutionizing the private aviation industry. If approved, it could legitimize cryptocurrency as a mainstream investment option, increasing its stability […]
Quasar Markets aims to redefine the world of finance by changing the way investors and financial professionals access and use artificial intelligence. Tampa, Florida, United States – January 8, 2024 — Quasar Markets, a cutting-edge fintech company powered by AI-driven financial market research, is set to launch on February 2. The company aims to redefine the world of finance by changing the way investors and financial professionals […]
NEW DELHI: State-controlled Oil and Natural Gas Corporation (ONGC) has started oil production from its much-delayed flagship deep-sea project in Krishna Godavari basin in Bay of Bengal, helping reverse years of decline in output, the company said. ONGC has started producing from the Cluster-2 project in KG-DWN-98/2 block and will slowly ramp up output. Oil […]
The post ONGC Starts Oil Production From Delayed $5 Billion Deep-Water Project first appeared on Latest India news, analysis and reports on IPA Newspack.
NEW DELHI: German luxury carmaker Mercedes-Benz will invest Rs 200 crore in India this year on new products, manufacturing operations and digitisation, to strengthen its position after posting record sales of 17,408 units in 2023, a top company official said on Monday. Mercedes-Benz India will have more than 12 launches in 2024, including three electric […]
The post Mercedes Benz Lines Up Rs 200 Crore Investment, To Launch Over 12 Products In 2024 first appeared on Latest India news, analysis and reports on IPA Newspack.
MUMBAI: Gaining from high credit off-take and lower credit costs, banks are likely to post 16.7 per cent year-on-year (Y-o-Y) growth in net profit during the third quarter of the financial year ended December 2023 (Q3 FY24). However, sequentially, net profit may shrink by 2.4 per cent over the second quarter ended September 2023 (Q2), […]
The post Banks’ Net Profit Likely To Grow By 16.7% In Q3 Due To High Credit Offtake first appeared on Latest India news, analysis and reports on IPA Newspack.
NEW DELHI: Rationalising the capital gains tax structure, stability in tax rates, and liberalising exemption from the angel tax provisions for strategic foreign direct investment (FDI) are among the key demands of India Inc from the upcoming Interim Budget. According to a document titled ‘EY’s point of view on Budget’, the industry also wants the […]
The post India Inc Seeks Tax Reforms, R&D Incentives In Upcoming Interim Budget: EY first appeared on Latest India news, analysis and reports on IPA Newspack.
SIHANOUKVILLE, CAMBODIA – Media OutReach Newswire – 9 January 2024 – In a move set to redefine golfing in Southeast Asia, the Bay of Lights development announces the Bay 19 Golf Course commencement. This $41 million investment, part of a $16 billion township project, opens a new chapter in Cambodian golf and marks a bold statement in luxury sports and leisure. Bay 19 Golf Official Ground Breaking […]
