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NEW DELHI: Sanjeev Sanyal, member of the Prime Minister’s Economic Advisory Council, thinks given the strengths of India’s macroeconomic fundamentals, its sovereign rating should be “at least two notches higher” than the current level (lowest investment grade). According to him, by around 2030, Indian rupee will be an international hard currency, since many steps have […]

The post By Around 2030, Indian Rupee Will Be A Global Hard Currency: Sanjeev Sanyal first appeared on Latest India news, analysis and reports on IPA Newspack.

MUMBAI: Global venture capital (VC) investments dipped 5.4 per cent on a quarter-on-quarter (Q-o-Q) basis from $81.4 billion in the second quarter of calendar year 2023 (Q2CY23) to $77 billion in the third quarter of calendar year 2023 (Q3CY23) as VCs remain cautious before closing deals. The number of deals fell from 9,563 in Q2 […]

The post Global VC Investments Drop 5.4% As VCs Remain Cautious: KPMG Report first appeared on Latest India news, analysis and reports on IPA Newspack.

India is proposing reducing import taxes on some electric vehicles from the UK in an effort to clinch a free-trade deal between the two nations by the end of the year, according to two people familiar with the discussions. New Delhi is considering a concessional tariff of 30% on 2,500 electric vehicles imported annually from […]

The post India Proposes Slashing EV Import Taxes To Clinch UK Free Trade Deal first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: India is pulling out all the stops to get Elon Musk’s Tesla to the country with government departments working to provide all the required approvals by January 2024. The Prime Minister’s Office Monday held a meeting with top officials to take stock of the next phase of electric vehicle (EV) manufacturing in the […]

The post India Looks To Fast-Track Tesla Approvals By January 2024 first appeared on Latest India news, analysis and reports on IPA Newspack.

Expressing dismay over the ‘thief’ slur levelled at her Trinamool Congress party by the opposition, West Bengal Chief Minister Mamata Banerjee on Monday said she had not accepted a single paisa nor taken even a cup of tea from anyone. The erstwhile Left Front government was corrupt as one crore fake ration cards were detected […]

The post ‘No single paisa’ taken from anyone, asserts Mamata first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: Reliance Industries Ltd and its partner bp plc of UK have reverted to oil indexation for pricing the gas they produce from India’s largest private-sector operated field in KG basin as they look to tap into the upside from the buoyant oil market. Reliance and bp in a tender have sought bids from […]

The post Reliance Returns To Oil Indexation For KG Gas, Seeks Buyers For 4 Mmscmd first appeared on Latest India news, analysis and reports on IPA Newspack.

By Dr. Gyan Pathak Mizoram and Chhattisgarh may vote for peace and development. Elections to all the 40 Vidhan Sabha seats in Mizoram and 20 out of 90 in Chhattisgarh are scheduled to be held on November 7. During the entire election campaigns for this phase of election, violence dominated the minds of electorates – […]

The post Mizoram And Chhattisgarh To Vote For Peace And Development first appeared on Latest India news, analysis and reports on IPA Newspack.

By Dr. Gyan Pathak ILO has moved one step closer to social justice and decent work by adopting a proposal to establish a Global Coalition for Social Justice in the ongoing 349th Session (30 October – 9 November, 2023) of its Governing Body at Geneva, Switzerland. It is just a beginning, and the Coalition will […]

The post ILO Moves One Step Closer To Social Justice And Decent Work first appeared on Latest India news, analysis and reports on IPA Newspack.

By James M Dorsey Israel’s options are central to discussions about the day after the guns fall silent in Gaza. Absent from the debate is what Palestinians want. Also absent is any discussion of funding for Gaza’s reconstruction, although the assumption is that oil-rich Gulf states will step up to the plate. The significance of […]

The post Israel In Gaza: Only Limited Options Available When The Guns Fall Silent first appeared on Latest India news, analysis and reports on IPA Newspack.

By Sushil Kutty The regularity with which the Enforcement Directorate discovers alleged wrongdoings of opposition parties on the eve of elections should be a matter of investigation. But that calls for a regime change; the Narendra Modi government should be divested of power for discovering a nexus, if any. The ED, sometimes working in tandem […]

The post ED Raid Aimed To Involve Chief Minister Baghel Before Polls Is Ominous first appeared on Latest India news, analysis and reports on IPA Newspack.

By Dr. Gyan Pathak Concerns expressed during the final three days hearing on petitions challenging the constitutional validity of the Electoral Bond Scheme case were too serious to be resolved immediately, and hence the Bench hearing the case decided not to announce the verdict instantly at the conclusion of hearing on November 2, but reserved […]

The post Concerns Expressed Were Too Serious In The Electoral Bond Case first appeared on Latest India news, analysis and reports on IPA Newspack.

By P. Sudhir Union Minister Rajeev Chandrasekhar, by seeking to make communal capital out of the bomb blasts at a Christian group gathering in Kalamassery in Kerala, has exposed the vicious nature of the campaign the BJP-RSS circles are conducting regarding Israel’s war on Gaza. Chandrasekhar, immediately after the blasts, hinted that jihadi elements had […]

The post Union Minister Rajeev Chandrasekhar Takes Communal Stand On Gaza War first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: Robust credit offtake, favourable macro environment, and governance reforms will continue to power the growth and profitability of public sector banks (PSBs), according to a panel of chiefs at state-run lenders at the Business Standard BFSI Insight Summit in Mumbai on Tuesday. Ashwani Kumar, managing director (MD) and chief executive officer (CEO) of […]

The post Governance Reforms To Ensure Higher Growth For Longer, Say PSB Chiefs first appeared on Latest India news, analysis and reports on IPA Newspack.

By Arun Srivastava The news reaching Lucknow, capital of Uttar Pradesh, from the hinterland of the state do not augur well for Akhilesh Yadav, the Samajwadi Party chief, who only a week back had dared to teach a lesson to the Congress for the 2024 Lok Sabha election. While he already rolled out his plans […]

The post INDIA Bloc Allies Posing Worse Threat To Congress Than BJP Juggernaut first appeared on Latest India news, analysis and reports on IPA Newspack.

By Nantoo Banerjee Prime Minister Narendra Modi may not derive much comfort from the fact that Indian Railways, the government’s single biggest public connect, is in bad shape. India’s railway network, recognised as one of the world’s largest railway systems under single management, carries some 24 million passengers daily. Politically, that is like addressing 240 […]

The post Indian Railways Urgently Needs A Full-Time Minister first appeared on Latest India news, analysis and reports on IPA Newspack.

Global consumer goods major Unilever says the India market, its second-largest in the world, may see a deflation in pricing within skincare and fabric cleansing, as commodity inflation moderates. The India unit of the London-headquartered company reported a flat price-led growth last week for the September quarter as it cut product prices within laundry and […]

The post Unilever Flags Pricing Pressure In India As Inflation Eases first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: India’s demand for electricity for running household air conditioners is estimated to expand nine-fold by 2050 and will exceed total power consumption in the whole of Africa today, the International Energy Agency (IEA) said on Tuesday. In its latest World Energy Outlook, IEA said India will see the largest energy demand growth of […]

The post India’s Power Demand For ACs To Exceed Total Consumption Of Africa: IEA first appeared on Latest India news, analysis and reports on IPA Newspack.

The opposition BJP in Chhattisgarh has filed a complaint with the Chief Electoral Officer (CEO) in Raipur seeking action against 83 Congress candidates, claiming they have not furnished their criminal record details to the Election Commission within 48 hours of their selection. The Congress, however, claimed the BJP was levelling false allegations against the ruling […]

The post BJP lodges plaint with Chhattisgarh poll authority first appeared on Latest India news, analysis and reports on IPA Newspack.