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BENGALURU: Ecommerce sites had seen a significant dip in sales volume in December immediately after the end of the festive season, triggering growth concerns among online marketplaces and brands, according to industry executives. The ongoing Republic Day sales, however, have brought some respite to online shopping platforms, with a spike in consumption demand as per […]

The post Ecommerce Clicks Dip In December, Trigger Growth Concerns first appeared on Latest India news, analysis and reports on IPA Newspack.

MUMBAI: Country’s largest IT services exporter TCS will train its entire staff of over 5 lakh software engineers on the upcoming Generative Artificial Intelligence (AI) opportunity, as per a senior official. As a business opportunity, Gen AI is in its “early days” right now and the use cases are smaller right now, head of the […]

The post TCS Aims To Train Entire Staff With Gen AI Skills first appeared on Latest India news, analysis and reports on IPA Newspack.

DAVOS: The global leadership is convinced that Prime Minister Narendra Modi will return to office after this year’s elections and is looking for the continuity of policy and social sector reforms put in place by him, Union Minister Smriti Irani said on Wednesday. In an interview to PTI at the World Economic Forum Annual Meeting […]

The post Global Leadership Also Convinced Of PM Modi’s Return To Office: Smriti Irani first appeared on Latest India news, analysis and reports on IPA Newspack.

By P. Sudhir The consecration of the Ram temple at Ayodhya on January 22 will symbolise the merger of State and religion under the rubric of Hindutva. Central to the `Pran Pratishtha’ of the idol of Lord Ram will be the role of Prime Minister Narendra Modi, underlining the fact that this is a State-sponsored […]

The post January 22’s Temple Run: BJP, RSS-Driven Hindutva Rampage Peaks first appeared on Latest India news, analysis and reports on IPA Newspack.

By Arun Srivastava Seat Sharing is the vital component of the electoral strategy, but for leaders of INDIA bloc of Jharkhand, using the forum for espousing the cause of the adivasis and poor and fight for their identity and welfare is the primary mission. Leaving aside one or two seats, the opposition leaders have succeeded […]

The post Jharkhand Under Hemant Is Ready To Take On The BJP Challenge In 2024 Polls first appeared on Latest India news, analysis and reports on IPA Newspack.

MUMBAI: Consumer price index-based inflation, the main yardstick for the Reserve Bank of India’s policy making, is likely to average 4.5 per cent in the next financial year and gross domestic product (GDP) growth is likely to stay above 7 per cent, Governor Shaktikanta Das said on Wednesday. “At this stage, our expectation is that […]

The post CPI Inflation To Average 4.5% In Fy25, Growth To Top 7%: RBI Governor first appeared on Latest India news, analysis and reports on IPA Newspack.

MUMBAI: A precipitous decline in shares of HDFC Bank, the most heavyweight component of the Nifty and the Sensex, on Wednesday, triggered the worst day for the domestic markets in nearly a year and a half. The Sensex closed at 71,501, shedding 1,628 points or 2.2 per cent, marking the most significant decline since June […]

The post HDFC Bank Slide Triggers Worst Day For Market In Last 18 Months first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: Worldwide IT spending is expected to total $5 trillion in 2024, an increase of 6.8 per cent from 2023, according to the latest forecast by Gartner. This is down from the previous quarter’s forecast of 8 per cent growth. However, within the total IT spend, IT services have become the largest segment and […]

The post IT Services Emerge As Top Segment In Global IT Industry Spending: Gartner first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: Hospitality and travel sector players on Tuesday demanded infrastructure status for the hotel industry besides measures such as tax exemption on LTA annually to boost domestic tourism ahead of the Union Budget. They also recommended removal of the current TDS levied on automated bookings for internal or closed user groups such as business […]

The post Hospitality, Travel Sector Players Want Infrastructure Status For Hotel Industry first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: The Centre will impose a 50 per cent export duty on molasses from January 18 to ensure adequate domestic quantities for ethanol blending and keep inflation in check.  At present molasses attract zero export duty. Traders said the government has also decided to keep the current import duties on edible oils (crude and […]

The post Govt Imposes 50% Export Duty On Molasses; Extends Lower Duty On Edible Oils first appeared on Latest India news, analysis and reports on IPA Newspack.

By Sushil Kutty US Presidential hopeful Nikki Haley’s third place finish in Iowa means she should be out of the race. But the Indian-origin Republican’s Democrat voters are not ready for her to call it quits, as yet. Her dollar-donors also have skin in the game. Nikki Haley spent more dollars per vote than Ron […]

The post Is Nikki Haley A Favourite Of Leftwing Democrats To Defeat Trump? first appeared on Latest India news, analysis and reports on IPA Newspack.

MUMBAI: The Reserve Bank of India (RBI) governor, Shaktikanta Das, said on Tuesday that retail inflation is slowly moderating and is steadily moving towards the target of 4 per cent. During a fireside chat at the World Economic Forum in Davos, Das stated that core inflation has started to move down, which gives confidence that […]

The post Inflation Moderating, Steadily Moving Towards 4% Target: RBI Governor first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: A significant majority of Indian chief executive officers (CEOs) are of the opinion that the Indian economy will witness improvement over the next 12 months, as the country reclaimed its fifth position as an investment destination, according to a survey. According to PwC’s 27th Annual Global CEO Survey, 86% of Indian CEOs express […]

The post Indian CEOs Optimistic About Country’s Economic Growth: Survey first appeared on Latest India news, analysis and reports on IPA Newspack.

DAVOS: India has been ranked 35th on a global index of countries best placed for leveraging future possibilities while the UK topped the list released here on Monday. The Future Possibilities Index (FPI), a flagship global future trends study released by Newsweek Vantage and Horizon Group on sidelines of the World Economic Forum Annual Meeting, […]

The post India Ranked 35th For Leveraging Future Possibilities; UK On Top first appeared on Latest India news, analysis and reports on IPA Newspack.

By Dr. Gyan Pathak India is facing rising industrial concentration in just five hands, and is enriching billionaires, private equity funds, and crony capitalists driving unprecedented level of inequalities and poverty among people. Dalits are facing high and unaffordable out-of-pocket fees in the private healthcare sector, financial exclusion in the private healthcare sector, and overt […]

The post India Faces Rising Industrial Concentration In Just Five Hands: Oxfam first appeared on Latest India news, analysis and reports on IPA Newspack.

MUMBAI: The Reserve Bank of India’s (RBI’s) draft norms for self regulatory organisations for the fintech sector (SRO-FT) have proposed that such entities should have a robust IT infrastructure and the ability to deploy technological solutions within a reasonable timeframe. The applicant for such an entity should have sufficient net worth and demonstrate the capability […]

The post RBI Releases Draft Norms For Fintech Self-Regulatory Organisations first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: The exports of computer software and services, including IT enabled services and BPO, logged 12.2 per cent growth during 2022-23 to touch $193 billion, according to estimates by Electronics and Computer Software Export Promotion Council (ESC). The IT software/services chunk accounted for the bulk of this at $126 billion, followed by BPO services […]

The post IT, ITeS, BPO Exports Grew Over 12% In FY23: ESC first appeared on Latest India news, analysis and reports on IPA Newspack.