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By Girish Linganna In 2016, India suddenly stopped using two types of banknotes, which made up 86% of all the money in use. This was done to fight corruption and hidden wealth. Known as Demonetisation, this action led to chaos at banks and ATMs. Critics argued it harmed those with low incomes and disrupted India’s […]

The post Cash Still Fundamental Part Of The Indian Daily Life first appeared on Latest India news, analysis and reports on IPA Newspack.

Union home minister Amit Shah and Bharatiya Janata Party president JP Nadda were in Kolkata on December 26. West Bengal is a priority state for the BJP high command to increase the number of seats in the forthcoming Lok Sabha polls of 2024. Immediately after elections ended recently in five states, Amit Shah visited West […]

The post BJP seeks 35 seats for Modi to make a Sonar Bangla first appeared on Latest India news, analysis and reports on IPA Newspack.

As the 2024 financial landscape continues to evolve, investors are seeking opportunities to expand their portfolios to achieve their financial goals. While the nature of financial instruments is generally volatile, they can be beneficial for traders who are trying to make a profit. Financial experts need to stay vigilant, especially when stock prices are expected to rise. In this article, we’ll be listing our top five financial […]

HANOI, VIETNAM – Media OutReach Newswire – 19 December 2023 – HTX has become a key player due to its outstanding performance in four major tracks: AI, BRC20, MEME, and new public chains. The company has not only contributed significantly to wealth effects in these tracks but has also played a crucial role in finding and promoting new assets. Outstanding performance across multiple tracks with significant wealth […]

By Prabhat Patnaik A country with relatively unrestricted trade will face two problems: the first is a balance of payments problem because its exports are insufficient relative to its imports. And the second, the creation of unemployment, and more generally of domestic resources remaining idle, because domestic goods cannot compete with imports. These two are […]

The post The Vacuity Of The Free Trade Argument first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: India’s crude oil suppliers such as the Abu Dhabi National Oil Company (ADNOC) have expressed concern over repatriation of funds in preferred currency and the high transaction costs on conversion of funds along with exchange fluctuation risks. India’s crude oil import bill, which accounts for 25 per cent of the overall merchandise imports, […]

The post India’s Crude Oil Suppliers Frown Over Rupee Settlement For Cargoes first appeared on Latest India news, analysis and reports on IPA Newspack.

SINGAPORE – Media OutReach Newswire – 22 December 2023 – BingX, a top copytrading cryptocurrency exchange, is thrilled to announce the possible upcoming listing of Seraph Coin, the native token of the groundbreaking Web3 game Seraph. This listing marks a significant milestone for BingX, as it continues to expand its portfolio with innovative digital assets that are at the forefront of blockchain technology and gaming. Embracing the […]

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The Secret Coin stands out as a unique and innovative project, offering a fresh perspective to law of attraction believers and crypto enthusiasts alike. Hampshire, England, United Kingdom – December 21, 2023 — The Secret Coin, a groundbreaking meme-based cryptocurrency centered around the law of attraction and visualizations, announces its remarkable entry into the crypto space. As the first-ever meme coin of its kind, The Secret Coin […]

Japanese Actor and Singer Takumi Kitamura joined TUMI for the opening of the newly designed store HONG KONG SAR – Media OutReach Newswire – 21 December 2023 – TUMI, the leading international travel, lifestyle and accessories brand, announced today the opening of its first-ever flagship store in the Asia-Pacific region. Located in Omotesando, a major luxury fashion destination in Tokyo, Japan, the newly designed store is inspired […]

The yen’s trajectory in the foreign exchange market has captured the attention of global investors, signalling a potential shift in the currency’s three-year trend of outsized declines. Market participants, surveyed by Bloomberg, are increasingly optimistic about a yen rally in 2024. This newfound sentiment arises from expectations that the Bank of Japan (BOJ) will exit its long-standing negative interest rate regime, while global peers concurrently reduce borrowing […]

NEW DELHI: In a dazzling resurgence, foreign investors have graced the Indian equity markets with an influx of nearly Rs 1.5 lakh crore in 2023, fuelled by optimism over the country’s resilient economic fundamentals amid shadows of a gloomy global scenario. Experts believe that the positive trend may continue in 2024. This follows Indian equities […]

The post FPIs Flood Indian Equity Markets, Infuse Rs 1.5 Lakh Crore In 2023 first appeared on Latest India news, analysis and reports on IPA Newspack.

In 2023, high interest rates caused global equities to fall, depreciating emerging market currencies and slowing global growth. Military conflicts reached the highest level since the Cold War, affecting capital markets. In this article, Octa analysts take readers back to the events of 2023 and explain the underlying patterns along the way. KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 14 December 2023 – In 2023, the […]

NEW DELHI: India’s goods exports slipped back into contraction in November, recording a fall of 2.83% to $33.9 billion, but a sharp drop in imports narrowed the trade deficit to a three-month low of $20.58 billion, official data showed. Trade deficit had touched an all-time high of $31.5 billion in October on the back of […]

The post Exports Slip In November, Trade Gap Narrows first appeared on Latest India news, analysis and reports on IPA Newspack.

Former BigPay, Monzo, and VP Bank execs launch Pave Bank, a new programmable bank at the intersection of traditional finance and digital assets. Having secured a banking licence, they have built the bank from the ground up catered to global businesses in the new economy. Singapore – December 14, 2023 /MarketersMEDIA/ — Pave Bank founder: (L to R) Simon Vans Colina, Salim Dhanani and Dmitry Bocharov Banks […]

The recent meeting of the Bank of Japan (BOJ) has cast a spotlight on the complex economic dynamics facing the country. In an unusual turn of events, Japan finds itself grappling with the challenge of managing inflation, which stood at 3.3% in October. However, despite the central bank’s apparent delight in overcoming a decades-long deflationary struggle, political pressures and economic realities suggest a nuanced and potentially challenging […]

SINGAPORE – Media OutReach Newswire – 13 December 2023 – FOMO Pay, a Singapore-based digital payment leader, has joined forces with Zand Bank, the UAE’s first digital bank, in a strategic partnership to facilitate seamless cross-border payments between the dynamic markets of Asia and the Middle East and North Africa (MENA). This collaboration aims to enhance cost-effectiveness and time efficiency in B2B cross-border transactions, providing businesses with […]

SINGAPORE – Media OutReach Newswire – 13 December 2023 – BingX, a prominent digital asset trading platform, has expanded its offerings by adding JITO (JTO) coin to its trading pairs. The JITO/USDT pair was launched on December 7, 2023, with deposit and withdrawal services following closely. This addition is part of BingX’s efforts to diversify its trading options and cater to a wider range of investors. Track […]

In the United Arab Emirates (UAE), online trading has become an increasingly popular avenue for both local and international investors. The growth of this sector is underpinned by robust regulatory frameworks and the emergence of diverse trading opportunities. Understanding the nuances of online trading in UAE is essential for anyone looking to navigate this dynamic market. The Landscape of Online Trading in the UAE The UAE has […]

MUMBAI: The Reserve Bank of India (RBI) Friday held interest rates and its monetary policy stance for the fifth consecutive review meeting on moderating price pressures, but signaled that rates will remain elevated to ensure consumer inflation retreats toward the central bank’s legally mandated target. It also bumped up the economic growth forecast for FY24 […]

The post RBI Holds Rates Again, Bumps Up FY24 Growth Forecast To 7 Per Cent first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: India continues to be the fastest-growing major economy, with all sectors contributing significantly, finance minister Nirmala Sitharaman said Thursday. She flagged India’s manufacturing growth, citing India’s mobile phone and passenger vehicle exports. “The second-quarter growth was very high — it is the highest in the world,” Sitharaman said, replying to a short-duration discussion […]

The post Economy Gaining From Manufacturing Boost: Sitharaman first appeared on Latest India news, analysis and reports on IPA Newspack.

Samer Hasn Bitcoin still maintains its record levels this year, with a decline of 0.55% today, with consolidation above the $41,600 level after touching the $42,400 level yesterday. Ethereum is also still consolidating at the $2230 level, after it touched the $2275 level yesterday as well. The recent gains in cryptocurrencies come with continued optimism that the Securities and Exchange Commission (SEC) will soon approve the launch […]

ThunderSub.com, a pioneering platform in digital finance, has announced its expansion into the United Arab Emirates and Saudi Arabia. The launch is spearheaded by Doctor Troller, one of the world’s top NFT artists, known for his disruptive art and remarkable success in the crypto realm.  ​​This launch signifies a new chapter in cryptocurrency transactions, offering a unique blend of luxury, convenience, and security in these vibrant markets, […]

MUMBAI: The RBI is expected to announce a continuation of its pause on interest rates after the bi-monthly review meeting of the monetary policy committee (MPC) scheduled for December 8. Analysts predict a fifth consecutive pause by the MPC because of stronger-than-expected economic growth numbers. RBI will likely maintain a cautious stance, accompanied by hawkish […]

The post RBI Likely To Stay With Interest Rate Pause first appeared on Latest India news, analysis and reports on IPA Newspack.

By Nantoo Banerjee In his recent Mann Ki Baat radio broadcast, Prime Minister Narendra Modi said he was troubled by the trend of some “big families” conducting weddings abroad, and urged people to hold such celebrations on Indian soil so that the country’s money does not leave its shores. “The wedding season as well has […]

The post India Needs A Strong Resolution To Protect Its Currency first appeared on Latest India news, analysis and reports on IPA Newspack.

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