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MUMBAI: The monetary policy committee (MPC) is expected to keep rates unchanged for the remainder of this fiscal amid weak agricultural output and tight global food supplies posing upside risks to inflation, and global market volatility, according to a Crisil Market Intelligence and Analytics report. A rate cut is expected only in the first quarter […]

The post Rate Cut Expected Only In First Quarter Of Next Fiscal: CRISIL first appeared on Latest India news, analysis and reports on IPA Newspack.

By Anjan Roy After fiddling with the Indian economy for years, Raghuram Rajan, former governor of Reserve Bank of India, finds himself in a kind of Hamlet moment. Rajan had observed that India would be lucky to reach a 5% growth rate during the current fiscal year. He was heaped with criticism for his pessimism […]

The post Indian Economy Has Shown Its Own Strengths Through High Growth In 2023-24 first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: Reiterating the demand for a reduction in tariffs and duties on components and subassemblies imported for making smartphones in India, the India Cellular and Electronics Association (ICEA) on Wednesday said such a reduction in input tariffs could increase the country’s smartphone exports by nearly four times to $39 billion (around Rs 3.2 trillion) […]

The post Tariff Cut May Boost India’s Phone Exports To $39 Billion By 2027: ICEA first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: Green hydrogen in India can not only provide energy for sectors such as fertilizers, chemicals, refining and iron, but also save carbon emissions compared to fossil fuels, the World Economic Forum said on Wednesday. In a detailed analysis of what it will take to make green hydrogen a credible energy pathway in India, […]

The post Green Hydrogen Can Enable Energy Transition In Net-Zero Journey: WEF Report first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: After bilaterally resolving many major trade disputes that had reached the dispute settlement body at the World Trade Organisation, trade ministers of India and US will meet here on Friday to discuss other pending issues. Fast-tracking of the process of inspection and audit of Indian pharma companies by US Food and Drug Administration, […]

The post Pharma, Restoration Of Duty Reliefs To Top India-Us Trade Forum Agenda first appeared on Latest India news, analysis and reports on IPA Newspack.

After initiating seat-sharing talks with various opposition parties, the Congress on Wednesday said its president Mallikarjun Kharge is in touch with leaders of all INDIA bloc constituents to ensure closer coordination in the opposition alliance. The assertion comes amid talk that the alliance could have a convener, with the name of Bihar Chief Minister Nitish […]

The post INDIA seat-sharing talks gain momentum; Kharge in charge first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: Indian economy will likely pick up pace in FY25 and FY26, growing 6.4% and 6.5%, respectively, on the back of a strong investment and services push, retaining the fastest-growing major economy tag, the World Bank said Tuesday. The multilateral institution has forecast global growth to slump further to 2.4% in 2024 from 2.6% […]

The post World Bank Pegs India’s FY25 Growth At 6.4 Per Cent first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: Even though India’s overall unemployment rate has declined in 2023 as compared to 2022, the joblessness within youth has started to rise again, according to data released by the Centre for Monitoring Indian Economy (CMIE) for October-December quarter. For those in the age group between 20 to 34 years, the unemployment rate across […]

The post CMIE Data Points To Rising Unemployment Among The Youth first appeared on Latest India news, analysis and reports on IPA Newspack.

By K Raveendran Geopolitics and guidance from the US Federal Reserve may not be the only factors that determine the performance of gold in the New Year. The Indian and other elections slated for the year may also be determinants. India is the second largest gold consumer in the world and the rate at which […]

The post Implications Of National Elections For Gold Demand In India And World Markets first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: Tackling the deepfake issue will require regulations and close industry collaboration as there is no silver bullet for it, Nasscom Chairperson Rajesh Nambiar has said, terming it a “real concern”, especially in a year when several countries are going for polls. In an interview with PTI, the Nasscom chief also talked about continued […]

The post No Silver Bullet To Fix Deepfake Issue; Collaborations Needed: Nasscom first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: German luxury carmaker Mercedes-Benz will invest Rs 200 crore in India this year on new products, manufacturing operations and digitisation, to strengthen its position after posting record sales of 17,408 units in 2023, a top company official said on Monday. Mercedes-Benz India will have more than 12 launches in 2024, including three electric […]

The post Mercedes Benz Lines Up Rs 200 Crore Investment, To Launch Over 12 Products In 2024 first appeared on Latest India news, analysis and reports on IPA Newspack.

By Stu Becker The World and Africa: An Inquiry into the Part Which Africa Has Played in World History by the legendary American communist historian W.E.B. DuBois argues that Africa’s great contributions to world civilization have been erased and ignored. DuBois argues that this is because of the transatlantic slave trade, which enslaved millions of […]

The post Legendary American Historian W.E.B. DuBoi’s Book ’The World And Africa’ Is Pathbreaking first appeared on Latest India news, analysis and reports on IPA Newspack.

By Arun Srivastava If the unpredictable posture of Nitish Kumar has been the main factor for demoralising the INDIA constituents in Bihar, the propensity of RJD chief Lalu Yadav not to treat the Left parties as equals has further aggravated the situation to the point of turning the INDIA bloc suspect in the eyes of […]

The post Personality Clash Intensifies In INDIA Bloc Ahead Of Rahul’s Nyay Yatra first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: Rationalising the capital gains tax structure, stability in tax rates, and liberalising exemption from the angel tax provisions for strategic foreign direct investment (FDI) are among the key demands of India Inc from the upcoming Interim Budget. According to a document titled ‘EY’s point of view on Budget’, the industry also wants the […]

The post India Inc Seeks Tax Reforms, R&D Incentives In Upcoming Interim Budget: EY first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: Market size of the Indian footwear industry can increase by over three times to USD 90 billion by 2030 provided a host of measures such as a ban on show imports, fiscal incentives, more design centres and Taiwanese contract manufacturers setting up shops in the country are taken, a report said on Sunday. […]

The post Footwear Industry To Hit $90 Billion Mark By 2030: Report first appeared on Latest India news, analysis and reports on IPA Newspack.

By Nantoo Banerjee There is nothing to panic immediately about India’s current general government debt, for which the International Monetary Fund has warned that it may exceed 100 percent of the country’s gross domestic product (GDP) in the medium term, or by 2028. In its annual ‘Article IV’ consultation report, IMF said that long-term risks […]

The post India’s General Government Debt Needs To Be Controlled first appeared on Latest India news, analysis and reports on IPA Newspack.

By Arun Srivastava Increasingly, it seems that it is not the BJP per se, but the leaders of the constituents of the united opposition’s INDIA bloc are its worst enemies. While the core committee of the senior BJP leaders has been burning the midnight lamp finalising the list of the candidates, working out electoral strategy […]

The post Unpredictable Nitish Is Responsible For Weakening Of INDIA Bloc first appeared on Latest India news, analysis and reports on IPA Newspack.

By Dr. Gyan Pathak As India heads towards General Election 2024, sharp rise in urban unemployment in December 2023 exposes again the falsehood of government’s narrative and propaganda regarding employment generation under the leadership of PM Narendra Modi. Though under the new narrative on the employment front on the eve of Lok Sabha Election 2024, […]

The post Urban Unemployment Rises Sharply In December 2023 first appeared on Latest India news, analysis and reports on IPA Newspack.