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MUMBAI: Lower costs and better realisation helped the Sajjan Jindal-led JSW Steel post a net profit of Rs 2,773 crore in the September quarter, against a net loss of Rs 915 crore registered in the same period last year. Income increased 7 per cent to Rs 44,821 crore (Rs 41,966 crore), while total expenses dropped […]

The post JSW Steel Q2 Net Profit At Rs 2,773 Crore On Lower Cost, Better Realisation first appeared on Latest India news, analysis and reports on IPA Newspack.

Matein Khalid While hardly news to the cognoscenti of Dalal Street and Planet Desiwalla, India’s stock market has been on a roll and it seems as if everyone of the 330 million gods in the Hindu pantheon were cheerleaders for its bullish macro ballast. If James Bond has a license to kill, India is a license to make money since the end of the near biblical macro […]

NEW DELHI: The government on Thursday sought to allay the concerns over the decision to put imports of certain computer hardware in restricted category, with mandatory licensing, by coming up with a liberal authorisation process. In what would provide relief to the importers, which include the likes of Apple, Dell, HP and Samsung, the new […]

The post No Caps Or Country-Specific Curbs Under New Laptop Import Policy first appeared on Latest India news, analysis and reports on IPA Newspack.

Elon Musk experienced a significant drop in his fortune, losing $16.1 billion on Thursday, following Tesla Inc’s disappointing third-quarter earnings report, which negatively impacted the company’s shares. Despite being the world’s richest person with a net worth of $209.6 billion, Musk’s wealth declined due to Tesla’s shares plummeting by 9.3%, Bloomberg reported. Musk owns 13% […]

The post Elon Musk’s Wealth Shrinks By $16 Billion After Tesla Results first appeared on Latest India news, analysis and reports on IPA Newspack.

In keeping up with its clarity principle , the international broker Octa makes clear one aspect of trading at a time. Gain comprehensive knowledge about CFD trading, simply and transparently. KUALA LUMPUR, MALAYSIA – Media OutReach – 20 October 2023 – With countless abbreviations and numerous strange and unfamiliar terms, the world of finance can be confusing. One such commonly used word is ‘CFD’. The Octa experts […]

ABU DHABI, 19th October, 2023 (WAM) – Dr. Shaikha Salem Al Dhaheri, Secretary General of the Environ

Matein Khalid The chickens have finally come home to roost at Goldman Sachs after CEO David Solomon’s succession of strategic blunders triggered a 33% slump in Q3 earnings. This is the 8th successive quarter of profit decline at the fabled Wall Street investment bank that was once known as the planet’s most profitable hedge fund that just happened to have an NYSE listing. In essence, Goldman took […]

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Sales prices for residential property in Dubai have risen by up to 34 per cent in some areas in the last year, with commercial property increasing as much as 29 per cent, according to real estate advisory, Chestertons MENA. Rental rates for homes have climbed by up to 36 per cent, with commercial leasing rates seeing hikes of more than a third in some business zones. Chestertons […]

The United Arab Emirates (UAE) is renowned for its opulent skyscrapers, sprawling deserts, and booming businesses. But beyond the glitz and glamour lies a thriving financial market that is rapidly becoming a hotspot for online trading. With the advent of technology and digitization, online trading in UAE has emerged as an enticing arena for investors, both seasoned and novices. For beginners, this journey might appear daunting, but […]

NEW DELHI: Deloitte India on Wednesday said it expects GDP growth in the current fiscal to be in the range of 6.5-6.8 per cent primarily due to upcoming festive spending as well as higher government expenditure before the national elections mid-next year. In its India economic outlook report, released earlier this month, Deloitte said India […]

The post GDP To Grow At 6.5-6.8% In FY24; Festive, Govt Spends Key Drivers: Deloitte first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: India and the United Kingdom (UK) are unlikely to ink the much-anticipated trade deal by the end of October as differences are yet to be ironed out, it is learnt. A top official aware of the development told Business Standard Wednesday late evening that although negotiations are on in full swing, a timeline […]

The post India, UK Free Trade Deal Unlikely To Finalise By Month End first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: India and China are projected to jointly contribute about half of the world’s growth in both 2023 and 2024, the International Monetary Fund (IMF) said in its latest Regional Economic Outlook (Asia and Pacific) report. India’s economy is projected to grow at 6.3% in FY24 and FY25 – the fastest among the major […]

The post India-China To Contribute Half Of World’s Growth In 2023, 2024: IMF first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: Extreme poverty in India declined by 38 million in 2021 to 167.49 million after a surge in the two preceding years, but remained above the 2018 level, the latest World Bank data shows. While for most countries poverty rose in 2020, when the Covid-19 pandemic hit the global economy, the data shows poverty […]

The post Poverty In India Eased In 2021, But Was Above 2018 Level: World Bank Data first appeared on Latest India news, analysis and reports on IPA Newspack.

Five winning teams were selected as winners of the 2023 OPPO Inspiration Challenge in recognition of their innovative solutions in the “Inspiration for People” and “Inspiration for the Planet” categories Winners of the People’s Choice and Media Choice Awards were also announced at the event SINGAPORE – Media OutReach – 19 October 2023 – OPPO yesterday announced the five winning proposals of 2023 OPPO Inspiration Challenge following […]

Call for stronger ageing policies and public/private collaboration to develop senior housing market HONG KONG SAR – Media OutReach – 19 October 2023 – Nearly one in three residents in Hong Kong will be seniors aged above 65 by 2038 and 70 per cent may require healthcare support due to chronic diseases. Yet, there is a shortage of senior housing units available in the market to meet […]

BEIJING, 18th October, 2023 (WAM) — H.H. Sheikh Saud bin Saqr Al Qasimi, Supreme Council Member and
BEIJING, 18th October, 2023 (WAM) — On behalf of President His Highness Sheikh Mohamed bin Zayed Al

The tragic, ongoing Israel-Hamas war is a harrowing reminder of the enduring geopolitical turmoil in the Middle East. Amidst this appalling crisis, the value of Bitcoin, a digital currency often categorised as a “risk on” asset class, has dropped, alongside most other riskier assets, including global stock markets. However, there are reasons, and also historical context, to suggest that due to its underlying core characteristics, should the […]

MUMBAI: There is still some way until India’s dependence on imports of active pharmaceutical ingredients (APIs) and intermediates from China reduces, but the growth rate of imports has come down. While the production-linked incentive (PLI) scheme for bulk drugs (APIs) has boosted local production of some key APIs here, industry insiders say it would take […]

The post Bulk Drug Imports From China Slow, Shows Data first appeared on Latest India news, analysis and reports on IPA Newspack.

New Delhi: India will spend nearly ₹ 143 lakh crore on infrastructure between fiscals 2024 and 2030, more than twice the ₹ 67 lakh crore spent in the past seven financial years starting 2017, rating agency Crisil said today. Of the total, ₹ 36.6 lakh crore will be green investments, marking a five times rise compared with the amount spent during fiscals […]

The post India To Spend Rs 143 Trillion On Infrastructure By 2030 first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: The demand for steel in India is expected to register a ‘healthy growth’ of 8.6 per cent against the overall global rise of 1.8 per cent in 2023, worldsteel said on Tuesday. It forecasts that global steel demand will grow 1.8 per cent in 2023 and reach 1,814.5 MT after having contracted by […]

The post India To See ‘Healthy Growth’ In Steel Demand At 8.6% In 2023: Worldsteel first appeared on Latest India news, analysis and reports on IPA Newspack.

DUBAI, UNITED ARAB EMIRATES – Media OutReach – 18 October 2023 – Bybit, the world’s third most visited crypto exchange, held a remarkable collaboration with Dubai Multi Commodities Centre (DMCC) at the Future Blockchain Summit from Oct. 15-18 at the Dubai Harbor. At the Future Blockchain Summit, Bybit and DMCC’s booth was more than just a display; it was a window into the concept of The Crypto […]

Hani Abuagla The company famous for Mickey Mouse celebrates its first centenary in the midst of a restructuring process. This conglomerate is made up of three divisions, first of all theme parks, resorts, cruises and consumer products. Secondly, a complete portfolio of content and media businesses, including Walt Disney Studios, Pixar, Marvel, Lucas Film, 20th Century Studios, ABC, FX, National Geographic and Hulu, among others. Finally, ESPN, […]

Imagine yourself in the following situation: you are about to make a purchase and are faced with a decision: do you want to buy in a digital marketplace using traditional cash or do you want to explore the world of cryptocurrencies? A remarkable confluence of virtual assets and online transactions has resulted from the enticing intersection of the e-commerce and cryptocurrency worlds. In the paragraphs that follow, […]

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