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By Prakash Karat The rupee breached the 80 level versus the dollar for the first time amidst a widening trade and current account deficit.  The continuous decline in the value of the rupee is bound to increase inflationary pressures. This, coupled with already existing inflation and high unemployment, shows how the economy is being mismanaged […]

The post Centre Must Withdraw GST Rate Hikes, Scrap Cess On Petrol And Diesel first appeared on IPA Newspack.

By Ambuja Raj The Bharatiya Janata Party (‘BJP’) is widely denounced as an elite party most. justifiably so, as it has, through its two tenures of rule and much before that, engaged in the political sphere through a creedal backbone of Hindu, upper-caste interests. However, ever so often, the caste and class composition of BJP’s […]

The post Decoding Politics Of BJP In Making Droupadi Murmu As President Of India first appeared on IPA Newspack.

By Binoy Viswam The BJP government was enthusiastic to adorn the 75th year of independence with a high sounding name. Because of that, the people every day read and hear the term ‘Amritvarsh.’ The word suggests a year in which life would be victorious over death. As it happens with every ceremonious name coined by […]

The post Inflationary Pressure Is At Its Peak In India In ‘Amritvarsh’ Year first appeared on IPA Newspack.

HONG KONG SAR – Media OutReach – 21 July 2022 – Is there such a thing as a natural-born leader? A new study sheds light on the genetic influences on leadership and found a surprising connection with bipolar disorder and alcohol consumption. Individuals in leadership positions are more likely to have certain genes — and not all of them are good. An increased tendency to drink alcohol […]

TOKYO, JAPAN – News Direct – 21 July 2022 – CoorsTek KK (Tokyo, Japan) announced today that its parent company, CoorsTek, Inc.’s board of directors has approved a capital expenditure plan to expand the company’s semiconductor ceramics business in response to strong market demand. The company will invest to add additional semiconductor ceramics manufacturing capabilities at existing facilities, mainly in Oguni town, Yamagata prefecture and Kawatana town, […]

By K Raveendran Amidst global supply chain disruptions and the attendant cost escalations, there is some encouraging news for India’s merchandise trade. Oversupply of containers is forcing a correction in the second-hand container market prices in the wake of average container prices and leasing rates declining globally since October 2021. The current situation of oversupply […]

The post Falling Global Freight Rates Bring Respite To India’s Foreign Trade first appeared on IPA Newspack.

The continued partnership will support SingHealth in streamlining its clinical workflows to enhance care coordination SINGAPORE – Media OutReach – 20 July 2022 – Altera Digital Health, formerly the Allscripts Hospitals and Large Physician Practices business segment, a global leader in healthcare IT, has signed a multi-year agreement with Singapore’s largest public healthcare group, SingHealth, for the use of its Sunrise™ suite of healthcare IT solutions across […]

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AXA, the first insurance partner of the Coalition in Hong Kong, will plant trees around the world on behalf of customers who have registered to use Emma by AXA. HONG KONG SAR – Media OutReach – 20 July 2022 – Mastercard and AXA Hong Kong and Macau (“AXA”) today announced a partnership to empower AXA’s customers to contribute to forest restoration through the Priceless Planet Coalition. As […]

Global Claims Review 2022: Allianz Global Corporate & Specialty analyzed more than 530,000 insurance claims from 2017 to 2021 with a value of €88.7bn (US$90.4bn). Claims severity has increased while inflation will further challenge costs. Updating valuations of assets is key for companies and insurers. Contingent business interruption claims reach a new level driven by broken supply chains. Cyber claims remain elevated. Ukraine war: claims activity manageable […]

Research performed by Economist Impact, commissioned by the Society of Publishers in Asia and supported by the Google News Initiative, highlights long-term unsustainability in the Asia-Pacific’s news media industry despite evergreen demand – stressing the need for technological and business model innovation The report reflects insights from consumers as well as 500 industry, government and NGO executives across the Asia-Pacific, including 150 media and publishing executives HONG […]

SINGAPORE – News Direct – 19 July 2022 – Fellaz, a multi-chain Web3 entertainment ecosystem, announces the upcoming launch of their social media platform for artists and their fanbases. Through months of preparation, the Fellaz team has onboarded notable entertainers and pop stars from Korea, Japan, Southeast Asia, and the rest of the world. In preparation for their launch, the Fellaz team held an exclusive opening event, […]

An all-in-one solution for participants to restore and build a healthy lifestyle Expert trio to formulate health improvement plans through professional consultations, self-monitoring and laboratory tests HONG KONG SAR – Media OutReach – 18 July 2022 – AXA Hong Kong and Macau (AXA) today announced the launch of its “BeOnTrack Programme” (“BeOnTrack” or the “Programme”). At only HKD10 per day[1], our expert trio will help formulate solutions, […]

HONG KONG SAR – Media OutReach – 15 July 2022 – A team of four Form 3 students from HKSYCIA Wong Tai Shan Memorial College was crowned champion at this year’s “Social Innovation • Community 4.0” Competition. Their winning solution “Sunshine to Elderly”, is a socially inclusive sustainable gardening system on school campus. It aims to tackle the mental health issues of elderly citizens living in Sham […]

By Arun Kumar Shrivastav Sri Lankan President Gotabaya Rajapaksa has sent his resignation — first by email and a hard copy flown in from Singapore. The authenticity of the resignation has been verified and it has been accepted as authentic. The Parliament Speaker, Mahinda Yapa Abeywardena, officially announced the resignation of Gotabaya Rajapaksa on Friday. […]

The post Foreign Powers In Full Play As Sri Lanka Moves To Choose New President first appeared on IPA Newspack.

Most awarded insurer for the fifth consecutive year HONG KONG SAR – Media OutReach – 15 July 2022 – FWD Insurance (“FWD”) broke its record again by winning 14 awards and becoming the most awarded insurer for the fifth consecutive year at the Bloomberg Businessweek Financial Institutions Awards 2022. FWD has broken its record again at Bloomberg Businessweek Financial Institution Awards 2022 with 14 wins. Crowned the […]

HONG KONG SAR – Media OutReach – 15 July 2022 – Today, IX Asia Indexes Company Limited (“IX Asia Indexes”) announced the 2022 2nd quarter review of the ixCrypto Index (“IXCI”) with results of the constituent review and exchange review as follows: Constituent Review The number of constituent cryptos will be increased from the current 19 to 29 constituents: Additions Ethereum Classic Elrond EOS Filecoin Flow Klaytn […]

Top categories that Prime members shopped and saved on during Prime Day include Electronics, Toys and Kitchen More than 19,000 small and medium-sized businesses participated in Amazon.sg’s Prime Day this year SINGAPORE – Media OutReach – 15 July 2022 – (NASDAQ: AMZN) – Amazon has concluded its biggest two-day shopping event with Prime Day offering thousands of dream-worthy deals to Prime members in Singapore on 12 and […]

By Arun Kumar Shrivastav India is making news of rains and floods. It seems the entire country from Kerala to the North-East and from Kashmir to Gujarat, India is wet and inundated. Visuals of the roaring flow of rivers and inundated farm and city areas have swarmed social media platforms. Neighbouring countries Pakistan and Bangladesh […]

The post Floods, Farming, And Feni – Indian Monsoon Is Finally Here first appeared on IPA Newspack.

By Krishna Jha India’s unemployment rate has risen to 7.80 percent in June. Haryana and Rajasthan are at the top. The other worrisome data point about the rate of unemployment, seen in June, 2022,was a fall of 2.5 million jobs among salaried employees. Unemployment has risen mainly in the agrarian sector, according to data released […]

The post Unemployment And Hunger Haunt The Indian Masses Under Modi Regime first appeared on IPA Newspack.

Sixth Hong Kong-headquartered company to secure approval Validation secured in less than four months HONG KONG SAR – Media OutReach – 14 July 2022 – Hongkong Land today announced that its 1.5°C aligned near-term science-based targets (“SBTs”) to reduce greenhouse gas (“GHG”) emissions have been approved by the Science Based Targets initiative (“SBTi”). Hongkong Land’s approved near-term SBTs cover its operations and development activities across Hong Kong, […]

By Sushil Kutty They don’t look like lost and found brothers. Edappadi K Palaniswami and O Panneerselvam share nothing in common other than that they were “dual leaders” of the AIADMK, the party that MGR founded and J Jayalalithaa carried in her aura. Now, her two self-proclaimed protégés have in less than two years of […]

The post The Big Battle In AIADMK Is Set To Continue Despite E K Palaniswami’s Win first appeared on IPA Newspack.

By Arun Srivastava The presidential election to be held on July 18 in the real sense is a royal battle between the Prime Minister Narendra Modi and the former BJP minister Yashwant Sinha. It would be wrong to construe that Sinha has a tough challenger in Draupadi Murmu. But there is no doubt that by […]

The post NDA’s Tribal Candidate Draupadi Murmu Has Divided The Opposition Camp first appeared on IPA Newspack.

TOKYO, JAPAN and SINGAPORE – Media OutReach – 12 July 2022 – At the SAP® Sapphire® conference in Tokyo today, NTT DATA and SAP Asia Pacific and Japan (APJ) announced a new co-innovation solution to improve supply chain insurance management. The solution, Connected Product, is a packaged offering jointly developed by global digital business and IT services leader, NTT DATA, and SAP SE, furthering the strategic alliance […]

By Nantoo Banerjee The European Commission’s decision just ahead of last month’s G7 Leaders’ Summit in Germany to mobilise Euro 300 billion (US$340 billion) by 2027 to invest in public and private infrastructure around the world is most welcome though it came several years after a similar initiative by China. With US President Joe Biden […]

The post China’s Nine-Year Old BRI Finally Finds A Challenger first appeared on IPA Newspack.

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