News related to
demand

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.

The disclosure by Chhagan Bhujbal that he resigned as a minister last November has put a focus on the Maratha quota tightrope the Eknath Shinde-led government is walking amid restlessness in OBCs, with Shiv Sena (UBT) claiming Bhujbal and BJP are hand in glove. Hours after the dramatic announcement was made by Bhujbal, who belongs […]

The post Fadnavis says Bhujbal’s resignation not accepted first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: Fast-moving consumer goods (FMCG) companies have reported single-digit volume growth with improved margins in most segments during December quarter, helped by moderating commodity inflation, though operating environment remained challenging. “Some of the companies also reported a decline in their topline numbers, as they extended the benefits of softening commodity prices to the consumer […]

The post FMCG Firms Report Single Digit Growth With Better Margin In Q3 first appeared on Latest India news, analysis and reports on IPA Newspack.

MUMBAI: The Reserve Bank of India’s (RBI) six-member monetary policy committee (MPC) is likely to maintain status quo on repo rate at 6.5% in its forthcoming meeting scheduled between February 6 and 8, 12 economists polled by FE said. Around 40% of economists felt the MPC may pivot to rate cuts only from Q2FY25 onwards, […]

The post RBI Unlikely To Change Interest Rates first appeared on Latest India news, analysis and reports on IPA Newspack.

MUMBAI: The government’s nudge to the private sector in the interim Budget by reducing its borrowing for FY25 comes at a time when announcements of new investments have slowed down. According to data from the Centre for Monitoring Indian Economy (CMIE), announcement of investments by the private sector in the September and December quarters of […]

The post Private Capex Hike Depends On Demand: India Inc first appeared on Latest India news, analysis and reports on IPA Newspack.

Gujarat Police probing a hate speech case on Sunday detained Islamic preacher Mufti Salman Azhari in Mumbai, an official said. Mufti Salman is currently at Ghatkopar police station, the official said. Hundreds of supporters of the Mufti gathered outside the police station demanding his immediate release, bringing traffic to a standstill in the area, the […]

The post Crowd outside Mumbai police station as Islamic preacher detained first appeared on Latest India news, analysis and reports on IPA Newspack.

By Ashis Biswas In Assam, bad news continues for the opposition: little tangible progress has been made in pre-election seat sharing talks among major parties opposing the ruling Bharatiya Janata party(BJP), as they desperately struggle to build a united anti-Saffron front, in recent weeks. Unless major opposition parties including the Congress, Raisor Dal, Asom Jatiya […]

The post Opposition Talks On Seat Sharing In Assam For Lok Sabha Polls Not Progressing first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: Shares of Reliance Industries were in heavy demand on Friday, climbing over 2 per cent, adding Rs 41,860.54 crore to its market valuation. The stock of the country’s most valued firm went up 2.18 per cent to settle at Rs 2,914.75 on the BSE. During the day, shares of the company jumped 3.40 […]

The post Reliance Industries Shares Climb All Time High first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: The income tax department will “erase” petty tax demands pending against about 80 lakh taxpayers on its own and issue a “speaking order” explaining the process to be followed, CBDT chairman Nitin Gupta said Friday, a day after the measure was proposed in the interim Budget. Union Finance Minister Nirmala Sitharaman had on […]

The post I-T Dept Will Erase Petty Tax Demands On Its Own: CBDT first appeared on Latest India news, analysis and reports on IPA Newspack.

By P. Sreekumaran THIRUVANANTHAPURAM: There is no change in the Budget script as far as Kerala is concerned. It has been an unredeeming tale of severe neglect from the Union Government, repeated ad nauseum over the years. For once, both the ruling Left Democratic Front (LDF) Government and the Congress-led opposition United Democratic Front (UDF) […]

The post Raw Deal Again To Kerala In 2024-25 Union Budget first appeared on Latest India news, analysis and reports on IPA Newspack.

MUMBAI: After touching an all-time high of Rs 3.4 trillion last month, the liquidity deficit in the banking system has started to ease. The liquidity deficit declined to Rs 2.4 trillion on Thursday, reflecting a fall of around Rs 1 trillion, according to the Reserve Bank of India data. Experts say that the days of […]

The post Liquidity Deficit Eases To Rs 2.4 Trillion After December High first appeared on Latest India news, analysis and reports on IPA Newspack.

Union finance minister and senior BJP leader Nirmala Sitharaman on Friday hit out at opposition parties like the Dravida Munnetra Kazhagam (DMK) as well as its ally Congress for their “anti-Hindu” and “separatist” views. During an exclusive interview with Network18 Group Editor-in-Chief Rahul Joshi a day after presenting the Interim Budget in Parliament, the minister […]

The post Sitharaman slams DMK, Cong over ‘anti-Hindu’, ‘separatist’ voices first appeared on Latest India news, analysis and reports on IPA Newspack.

Calling himself a ‘proud Indian’, Congress MP DK Suresh has issued a clarification for his “separate country for South India” remark, saying the intention behind his statement was to bring to notice the “injustice in funds distribution” by the BJP-led central government. DK Suresh landed on soup over an alleged warning of a separate southern […]

The post DK Suresh clarifies ‘separate South Nation’ remark first appeared on Latest India news, analysis and reports on IPA Newspack.

West Bengal Chief Minister Mamata Banerjee started a dharna in Kolkata on Friday, demanding the state’s ”dues” from the Centre for various social welfare schemes. Banerjee along with TMC party leaders started that the demonstration in front of BR Ambedkar’s statue located in the Maidan area of the city. The chief minister has been claiming […]

The post Mamata sits on dharna to seek dues for welfare schemes first appeared on Latest India news, analysis and reports on IPA Newspack.

By Dr. Gyan Pathak “Our Prime Minister firmly believes, we need to focus on four major castes,” said Union Finance Minister Nirmala Sitharaman in her Interim Union Budget 2024-25 speech – Garib (poor), Mahilayen (women), Yuva (youth), and Annadata (Farmer). Their needs, their aspirations, and their welfare are our highest priority, she claimed. However, in […]

The post Workforce, Women, And Youth Met A Raw Deal In The Interim Union Budget first appeared on Latest India news, analysis and reports on IPA Newspack.

With an ambitious goal of becoming a $5-trillion economy, India is at the crossroads of massive transformation. The Government of India’s visionary Viksit Bharat@2047 initiative augers well for the nation that could not be more ready to become a developed powerhouse by the centenary of India’s independence. The Interim Budget 2024 is aligned with the […]

The post Interim Budget: Focus On Infrastructure Growth Sets Stage For Viksit Bharat first appeared on Latest India news, analysis and reports on IPA Newspack.

As part of the economic agenda, India’s finance minister foresees accelerated airport expansion. The initiative aims to bolster national development, leveraging the aviation sector’s potential. Emphasizing rapid progress, the minister underscores the government’s commitment to robust infrastructure augmentation.

Efforts to enhance airport facilities align with broader economic strategies. The finance minister, addressing stakeholders, asserts that sustained development in the aviation industry is pivotal for economic growth. Plans include modernization, increased capacity, and improved connectivity to meet rising travel demands.

The finance minister cites collaborative partnerships with private entities to expedite projects. Public-private ventures are envisioned to inject vitality into the aviation landscape. Stakeholders anticipate positive outcomes from such collaborations, fostering efficiency and innovation in infrastructure development.

While emphasizing the economic benefits, the finance minister underscores job creation as a direct result of expanded airport operations. The ripple effect on ancillary sectors is expected to contribute significantly to employment opportunities across the nation.

Amidst the development drive, the aviation industry welcomes the government’s proactive stance. Industry leaders commend the finance minister’s vision, expressing optimism about the potential economic upswing. The expansion aligns with global trends, positioning India as a key player in the aviation market.

The finance minister’s announcement comes after a comprehensive review of the economic landscape. In consultation with aviation experts, the government aims to address current challenges while preparing for future demands. The emphasis on sustained growth reflects a strategic approach to fortify India’s economic standing.

Key figures in the aviation sector have lauded the government’s commitment to the industry. CEOs of major airlines and airport authorities express readiness to collaborate, highlighting the importance of seamless coordination between the public and private sectors.

While the news signals positive strides in infrastructure development, critics urge a cautious approach. Some emphasize the need for sustainable practices, environmental considerations, and efficient project management to ensure the long-term viability of these ambitious initiatives.

In conclusion, the finance minister’s announcement sets the stage for an era of swift airport expansion, aligning with national economic objectives. As India propels itself into a dynamic future, the aviation sector emerges as a focal point for progress and economic vitality.