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MUMBAI: In line with the global funding winter, deal-making involving domestic firms hit a three-year low after falling 51 per cent to $83.8 billion in 2023, saved by the mega-merger of HDFC twins — the biggest deal in India Inc’s history till date, according to an industry report. Excluding the $60.4-billion HDFC Bank-HDFC merger, year-on-year […]

The post M&A Activities Plunge 51% To $83 Billion In 2023 Amid Funding Winter: Report first appeared on Latest India news, analysis and reports on IPA Newspack.

KOLKATA: Early business data from lenders, published ahead of the month-long earnings season starting next week, showed that Indian companies are on track to report yet another quarter of robust performance amid buoyant consumer demand, although rising cost of funds might crimp profitability for financiers as the pace of deposit mobilization trails credit growth. Non-banking […]

The post Credit Growth Signals Robust Q3 For India Inc first appeared on Latest India news, analysis and reports on IPA Newspack.

By Prabhat Patnaik Argentina’s new president Javier Milei proposes to use US dollars as the currency of his country, while abolishing its central bank altogether. What is involved in this proposal is not just maintaining a fixed exchange rate between the dollar and the domestic currency, but an abolition of the domestic currency altogether. The […]

The post Dollarisation Programme Of Argentina Will Impose Additional Burden On Its Workers first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: The Food Corporation of India (FCI) has allayed fears of any problems due to lower wheat procurement this year and expressed confidence in buying a quantity more than the annual requirement under all welfare schemes. Briefing the media on the achievement of FCI since its inception in 1964, FCI Chairman and Managing Director […]

The post India Will Procure More Than Required Rice For Buffer Stocks, Says FCI CMD first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: The Union government’s total expenditure on explicit subsidies – food, fertiliser and LPG – is likely to drop 28% to Rs 3.98 trillion in the current fiscal year, from Rs 5.49 trillion in FY23. This is due to the softening of global prices of soil nutrients and the termination of the extra grains […]

The post Explicit Budget Subsidies To Drop 28% To Rs 4 Trillion In FY24 first appeared on Latest India news, analysis and reports on IPA Newspack.

US bankruptcy filings surged by 18 per cent in 2023 on the back of higher interest rates, tougher lending standards and the continued runoff of pandemic-era backstops, data published Wednesday showed, although insolvency case volumes remain well below the level seen before the outbreak of Covid-19. Total bankruptcy filings — encompassing commercial and personal insolvencies […]

The post US Bankruptcies Surge 18%, More In Store: Report first appeared on Latest India news, analysis and reports on IPA Newspack.

By Dr. Gyan Pathak BJP has just coined this attractive slogan to its gullible constituency – Teesri Baar Modi Sarkar, ab ki baar 400 paar. Some national and international political analysts are declaring “almost an inevitability” of PM Narendra Modi’s win for the third time, supporting the first part of the slogan, while PM Modi’s […]

The post BJP’s Crossing 400 Seats Slogan Is A Hype, Far Away From Ground Reality first appeared on Latest India news, analysis and reports on IPA Newspack.

By P. Sudhir The Israel Defence Forces (IDF) have announced that the military operations in Gaza will continue throughout 2024. Israeli prime minister Benjamin Netanyahu, has repeatedly stated that the war in Gaza will continue till the Hamas is totally finished. He has also stated that Israel will control the Gaza border with Egypt which […]

The post Israel Is Seeking To Cleanse Gaza Of Palestinians Through Unending Bombings first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: India’s manufacturing activity declined to its lowest level in 18 months in December, pulled down by weaker increase in factory orders and output, according to a private survey released Wednesday. The HSBC India purchasing managers’ index of manufacturing eased further to 54.9 in December compared with 56 in the previous month. However, the […]

The post Factory Activity Hits 18-Month Low In December On Weaker Order Growth first appeared on Latest India news, analysis and reports on IPA Newspack.

Former Andhra Pradesh Chief Minister and TDP national president N Chandrababu Naidu launched a scathing attack on Chief Minister Jagan Mohan Reddy asserting that the YSRCP chief is the primary source of distress for the state. Naidu accused the ruling party leaders of transforming into demons and plundering the state. The TDP chief further stated […]

The post Naidu blames CM Jagan Mohan for Andhra’s woes first appeared on Latest India news, analysis and reports on IPA Newspack.

Last Updated: January 04, 2024, 00:57 IST With just a couple of months to go before the Lok Sabha elections, the Bharatiya Janata Party has done a major rejig of the organisational heads of its morchas (wings). The party released the list of all the new organisational appointments late on Wednesday evening. The BJP’s Yuva […]

The post BJP rejigs Morchas ahead of Lok Sabha Polls first appeared on Latest India news, analysis and reports on IPA Newspack.

ISLAMABAD: Cash-strapped Pakistan is expected to get USD 700 million as the next tranche of the bailout from the IMF as the Executive Board of the global lender meets on January 11, according to a media report on Tuesday. The board of the Washington-based International Monetary Fund is set to deliberate and potentially grant final […]

The post Pakistan Likely To Get $700 Million From IMF As Next Tranche Of Bailout This Month: Report first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: Ministries of mines, steel and the department for promotion of industry and internal trade (DPIIT) will set up an internal mechanism to monitor the export of steel and aluminium products at concessional duties to the US, an official said. Indian exports of these products were earlier attracting additional duties in the US, as […]

The post Mechanism To Monitor Steel, Aluminium Products Export At Concessional Rates To US In The Making first appeared on Latest India news, analysis and reports on IPA Newspack.

Describing secularism as a foundational pillar of India’s democracy, Congress leader Sonia Gandhi said the word secular is being used as a “pejorative” by those now in power, resulting in increased polarisation in the society. “They say they are committed to ’democracy’, but at the same time, they weaken the safeguards meant to ensure its […]

The post Secularism has become pejorative for BJP, says Sonia Gandhi first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: In the free-trade negotiations that India is involved in, it may end up giving up more than what it can gain, trade policy think tank said on Tuesday citing a recent study. Even in labour-intensive sectors where New Delhi is seeking parity with competitors from the developing world, it may face disappointments, the […]

The post India To Continue Giving More Under FTAs Than It Musters: Study first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: From Hindustan Unilever to ICICI Bank, HDFC Bank and Eicher Motors, almost all the big names of India Inc and thousands, if not lakhs, of smaller GST taxpayers have received tax demand on the eve of new year as authorities sought to meet the five-year deadline to raise claims, literally burning the midnight […]

The post GST Department Goes On Tax Demand Overdrive first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: The share of the private sector in new investment projects rose amid a slowing pace of government investments in the December quarter. But the value of new investment projects declined sharply by 78% on year to Rupees 2.1 trillion. The Centre front-loaded its budget capex in the early part of the current financial […]

The post New Capex Announcements Plunge 77 Per Cent To Rupees 1.9 Trillion In December Quarter first appeared on Latest India news, analysis and reports on IPA Newspack.

Coal India Ltd (CIL) has lined up massive plans to ramp up its mining capacity, while also roping in the private players in a big way as mine development operators (MDOs). The state-run miner, which reported elevated capex consistently over the last several years, will keep the pace in the coming years as well, with […]

The post Coal Production Target For FY25 Is Set At 850 MT: CIL CMD first appeared on Latest India news, analysis and reports on IPA Newspack.

By Dr. Gyan Pathak EVM concerns have cropped up again, because the older Electronic Voting Machines (EVMs) are still in use in large numbers, newer EVMs that come with Voter Verifiable Paper Audit Trial (VVPAT) paper record are not comprehensive enough, and even all the VVPATs are not counted to match the actual votes polled. […]

The post EVM Concerns Crop Up Again, Votes Polled Must Match VVPAT Counting first appeared on Latest India news, analysis and reports on IPA Newspack.

By Nitya Chakraborty The year 2023 has ended with two big wars and a few local conflicts including one in Myanmar bordering India. While the world was looking for the end of war in Ukraine during 2023, a new war with much severe death toll began in Gaza strip of Palestine in October 2023 giving […]

The post Global Politics May Witness Further Shift To Right And Authoritarianism In 2024 first appeared on Latest India news, analysis and reports on IPA Newspack.