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NEW DELHI: In what could be seen as a policy shift, Prime Minister Narendra Modi on Wednesday said the central public sector undertakings (CPSEs) had gained in strength over the last decade, with “most of them giving record returns (dividends and rise in valuation)” to the stakeholders. Investors have reposed their faith in CPSEs, thanks […]

The post CPSEs Stronger, Giving Record Returns: PM first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: The much-contested question whether a private investment cycle has commenced and becoming broad-based still has economists divided. The private sector is witnessing “record-profits” and so, should feel comfortable in making investments in the economy, Sanjeev Sanyal, member, Prime Minister’s Economic Advisory Council told FE, while adding that there is adequate evidence that corporate […]

The post Economists Divided On Revival Of Private Capex first appeared on Latest India news, analysis and reports on IPA Newspack.

India will oppose any move by the developed world to get any non-trade issue like labour and environmental standards included in the formal talks at the World Trade Organisation (WTO) during the 13th ministerial conference of the global trade regulating body scheduled this month-end at Abu Dhabi. Developed countries are also pushing to include issues […]

The post India To Oppose Inclusion Of Non-Trade Issues In WTO Agenda first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: India is close to finalising a first-of-its-kind trade deal that could see a small group of European nations invest as much as $100 billion over 15 years in exchange for easier trade access to the world’s most populous nation, according to people with knowledge of the matter. The European Free Trade Association, which […]

The post Govt Eyes Deal With EU Countries That Could Draw $100 Billion Investment first appeared on Latest India news, analysis and reports on IPA Newspack.

MUMBAI: Advent International, the US private equity firm behind some of the biggest leveraged buyouts and conglomerate carve-outs, including the €17.2-billion acquisition of Thyssenkrupp’s elevator business in 2020 along with co-investors and the €1.8 billion joint takeover of Royal Bank of Scotland’s payments business, Worldpay, believes India is among the world’s most attractive markets where […]

The post Advent Looking To Deploy $5 To $10 Billion In India Over The Next Five Years first appeared on Latest India news, analysis and reports on IPA Newspack.

MUMBAI: Leading up to its next policy announcement, the Reserve Bank of India (RBI) has stepped up liquidity draining operations, signalling that while the central bank may tolerate overnight rates aligning with the repo rate after six months, it is not comfortable with financial conditions turning any easier than that. Over the past four days, […]

The post RBI Steps Up Auctions To Drain Liquidity first appeared on Latest India news, analysis and reports on IPA Newspack.

Tamil Nadu’s main opposition AIADMK on Wednesday said it had already shut its door on the BJP and ruled out joining forces with the saffron party for the Lok Sabha polls. Following Union Home Minister Amit Shah’s remark that ‘the BJP’s doors are open for the AIADMK,’ senior party leader D Jayakumar ruled out any […]

The post AIADMK says door closed for BJP in Lok Sabha polls first appeared on Latest India news, analysis and reports on IPA Newspack.

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Bihar Chief Minister Nitish Kumar, who joined the BJP-led NDA recently ditching Mahagathbandhan, on Wednesday said he switched allegiances earlier but now he will not change sides again. Kumar arrived in the national capital to meet Prime Minister Narendra Modi in what was their first meeting after the Janata Dal (United) president dumped the opposition […]

The post Nitish promises not to change sides any more first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: India’s telecom sector is expected to see a revival in foreign direct investment over the next two years. This optimism stems from two recent developments: the opening of satellite communications to the private sector, and introduction of the Telecommunications Act, which are expected to make the sector attractive and stimulate investment, analysts and […]

The post Indian Telecom May See FDI Revival From FY25 first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: Retail inflation has come down to within the tolerance band due to steps taken by the government to check price rise in essential commodities, especially in perishable commodities, finance minister Nirmala Sitharaman told Rajya Sabha on Tuesday. Replying to a question in the Rajya Sabha, Sitharaman said that steps are being taken now […]

The post Inflation Within Tolerance Band Due To Government Steps: FM Sitharaman first appeared on Latest India news, analysis and reports on IPA Newspack.

The collaboration between Fideum and Mastercard marks a significant milestone in the financial industry, setting a new standard for the integration of traditional and digital finance. #Fideum, #BlockBank, #Ethereum, #Binance, #Tron, #Cardano, #Avalanche, #Defi, #Mastercard, #Trading, #Blockchain. Lithuania – February 7, 2024 — Introducing Fideum In the rapidly evolving landscape of financial technology, Fideum emerges as a pioneering force, dedicated to bridging the gap between traditional finance […]

Delhi Chief Minister Arvind Kejriwal on Tuesday claimed that 23 Enforcement Directorate (ED) officers carried out raids at his personal assistant’s residence for 16 hours but did not find anything. He also claimed that the houses of Aam Aadmi Party (AAP) leaders such as Manish Sisodia, Satyendar Jain and Sanjay Singh were raided as well. […]

The post Kejriwal says ED raids meant to trample AAP as nothing found first appeared on Latest India news, analysis and reports on IPA Newspack.

By Dr. Gyan Pathak Since the Presidential address in the Parliament is supposed to summarise the government’s achievements and intentions followed by meaningful debate, in which opposition raises points of concern, the Prime Minister is expected to address them during his reply to the ‘Motion of Thanks’. However, in reply to the scathing attack by […]

The post Opposition’s Points Raised During Debate On ‘Motion Of Thanks’ Unanswered first appeared on Latest India news, analysis and reports on IPA Newspack.

By Sushil Kutty Was the manner in which the Chandigarh mayoral election conducted a symptom or the disease itself, a crooked system at play? The country’s top court has spoken – the previous week’s mayoral poll in the Union Territory was openly tampered with by a seemingly biased Presiding Officer to ensure the “victory” of […]

The post CJI Chandrachud’s Observation On Chandigarh Mayoral Polls Exposes BJP first appeared on Latest India news, analysis and reports on IPA Newspack.

By Arun Srivastava Narendra Modi’s lurid boast on the floor of Parliament that he would be the prime minister for the third time and his party would alone win 370 seats deserves attention. The question is why is he so confident? Are RSS and BJP leaders busy hacking the Lok Sabha elections? Does democracy mean […]

The post Hemant Soren Exposed Modi Design To Pit Non-Adivasis Against Adivasis first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: The department of telecommunications (DoT) is examining methodologies to directly allocate spectrum to enterprises like Infosys, Tejas Networks, Tata Communications, Tata Power, Larsen & Toubro, GMR, Capgemini, etc. It has set up an internal study group to suggest ways to achieve the objective. Officials said that direct allocation of spectrum to these enterprises […]

The post Direct Spectrum Allocation For Private 5G Being Looked At first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: Services sector activity expanded at the fastest pace in six months in January, as buoyant international and domestic demand contributed to rising new business orders, according to results of a private sector survey released Monday. HSBC India Services PMI Business Activity Index rose to 61.8 in January as compared with 59 in the […]

The post Services PMI Expands At Fastest Pace In Six Months In January first appeared on Latest India news, analysis and reports on IPA Newspack.

HONG KONG SAR – Media OutReach Newswire – 6 February 2024 – Today, CPA Australia submitted a series of recommendations for possible inclusion into Budget 2024-25 to the Hong Kong SAR Government. With an estimated HK$127 billion fiscal deficit for the financial year 2023-24 and HK$708 billion of fiscal reserves, CPA Australia urges the Government to make announcements in the upcoming budget that balance the need to […]

BEIJING, CHINA – Media OutReach Newswire – 6 February 2024 – On February 5th, the highly anticipated Yuewen Global IP Awards, which was grandly held in Singapore, made its debut broadcast on Tencent Video. This marked a significant milestone for the prestigious awards ceremony as it expanded its reach beyond national borders, reflecting its ambition to establish a global presence. Chinese Culture and Entertainment Group Yuewen Expands […]

KPMG Pulse of Fintech – H2′ 2023 Singapore’s AI funding soared by 77 percent to US$481.21 million in 2023 across 24 deals, signifying increasing faith in AI’s potential. Singapore’s crypto, payment, and insurtech sectors showed resilience amid market fluctuations, with investors evolving their strategies. Global fintech funding halved from US$196.6 billion (7,515 deals) in 2022 to US$113.7 billion (4,547 deals) in 2023, paralleled by a 68 percent […]

HONG KONG SAR – Media OutReach Newswire – 6 February 2024 – After a somewhat turbulent 2023, which ultimately turned out much better than expected, 2024 is shaping up to be as decisive as it is uncertain, both in (geo)political terms, with more than 60 national elections – presidential and/or legislative – and in economic terms, with risks mounting on a still slowing global economy. In this […]

MUMBAI: Coming close on the heels of the interim budget which maintained the status quo on policy front, the Reserve Bank is likely to continue with the pause on the short-term lending rate in its upcoming bi-monthly monetary policy this week as retail inflation is still near the higher end of its comfort zone, say […]

The post RBI Likely To Continue Status Quo On Short Term Lending first appeared on Latest India news, analysis and reports on IPA Newspack.

By Nantoo Banerjee It is difficult to believe in the 21st century that some small groups of Yemeni Houthi pirates on the Red Sea can bring a $1-trillion-plus annual global trade using the sea route almost to a halt, forcing shipowners and shippers divert the trade through a several times longer route via the Cape […]

The post Houthi Pirates Bring Global Trade Through Red Sea To A Near Halt first appeared on Latest India news, analysis and reports on IPA Newspack.

By Kalyani Shankar The convincing victory of the JMM-Congress coalition in Jharkhand assembly on February 5 amidst allegations about BJP’s poaching reports, is a big boost to the INDIA bloc in the present political atmosphere in the country. Chief Minister Champai Soren has now the tough task to run a government for the welfare of […]

The post Champai Soren’s Convincing Win In Jharkhand Assembly Test Is A Victory For INDIA Bloc first appeared on Latest India news, analysis and reports on IPA Newspack.

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