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NEW DELHI: The finance ministry on Friday exuded confidence that the economy will “comfortably achieve” a growth rate upwards of 6.5% in FY24, as it expected the robust economic activity being witnessed in the third quarter of FY24 to continue through the March quarter as well. In an economic review for the first half of […]

The post Finance Ministry Confident Of 6.5 Per Cent Plus Growth In FY24 first appeared on Latest India news, analysis and reports on IPA Newspack.

By Anjan Roy Economic forecasting is always hazardous. It is more so in the current scenario. There are always any number of uncertainties about the future. But currently these are multifarious. No one really knows, including the dramatis personae, what will happen in the next week, let alone in course of the coming year. Take […]

The post New Year 2024 May Witness Far More Turmoil In Global Economy first appeared on Latest India news, analysis and reports on IPA Newspack.

By K Raveendran It is election year for the Indian economy and the footnote to the robust economic performance would pinpoint the risks of freebies and subsidy politics impacting growth. The pressures are expected to pinch hard from mid-year onwards as the drivers of growth would shift gears down by at least a couple of […]

The post India Set To Clock Highest Growth Rate In 2024 Among Major Economies first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: Bank credit growth is expected to remain healthy at 12-13 per cent in the next fiscal, rating agency ICRA said while maintaining a positive outlook on the banking sector. In a statement, ICRA said the positive outlook on the banking sector is mainly driven by comfortable asset quality levels, with both corporate and […]

The post ICRA Sees Bank Credit Growth At 12-13 Per Cent In FY’25 first appeared on Latest India news, analysis and reports on IPA Newspack.

By Sarah Thanawala The heat of the flames of violence that flared up in Manipur in May this year quickly reached the Supreme Court of India. It all started on March 27, when the Manipur High Court directed the state government to consider the inclusion of the Meitei community in the list of Scheduled Tribes. […]

The post Manipur Burned, Govt Failed, Supreme Court Tried first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: The global oil and gas industry is bracing for a year of significant changes in 2024, marked by a complex mix of supply concerns and economic pressures. In the past year, Brent crude, the international benchmark, experienced a notable decline from its summer highs. This trend was largely driven by an increase in […]

The post 2024 Forecasts A Tumultuous Journey For Global Oil And Gas first appeared on Latest India news, analysis and reports on IPA Newspack.

Backed by government spending on infrastructure, building, and construction, domestic steel demand is expected to remain strong in 2024. Realisations in the domestic market are expected to remain strong, even though imports could remain elevated. Eports will remain stretched across key markets, beyond Europe, in view of the global slowdown in demand. Market sources peg […]

The post Strong Domestic Steel Demand Expected In 2024 first appeared on Latest India news, analysis and reports on IPA Newspack.

Union minister Pralhad Joshi said on Wednesday that while he does not agree with violence, he did agree with the demand that shop signages in Karnataka should be predominantly in the local language. Speaking to NDTV hours after pro-Kannada groups went on a rampage in state capital Bengaluru, the MP from Dharwad questioned why shopkeepers […]

The post Pralhad Joshi backs Bengaluru’s 60% Kannada rule first appeared on Latest India news, analysis and reports on IPA Newspack.

By Dr. Gyan Pathak Congress has come a long way from promising ‘NYAY’ (Nyuntam Aay Yojna) on the eve of Lok Sabha elections 2019 to ‘Bharat Nyay Yatra’, ahead of the 2024 general elections, from Manipur to Gujarat, beginning January 14, with focus on injustices inflicted upon common people under PM Narendra Modi’s authoritative regime. […]

The post From ‘Bharat Jodo’ To ‘Bharat Nyay’, Rahul Gandhi Cuts To The Chase first appeared on Latest India news, analysis and reports on IPA Newspack.

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.

By Kalyani Shankar The recent security breach in Parliament has severe political, electoral, legislative, and security implications. The resultant unprecedented suspension of 146 MPs has now united the Opposition coalition, the INDI-Alliance. Lok Sabha witnessed two intruders jumping from the visitor’s gallery and uncorking smoke canisters inside the Lok Sabha. It is a mystery how […]

The post Parliament Security Breach Can’t Escape Electoral Impact first appeared on Latest India news, analysis and reports on IPA Newspack.

A video of DMK leader Dayanidhi Maran, which party sources claim is old, can spell trouble for the unity of INDIA bloc at a time when it is gearing up for the big Lok Sabha contest just a few months away. In a video, the authenticity of which NDTV cannot verify, DMK MP Dayanidhi Maran […]

The post DMK MP’s Bihari jibe may be INDIA Bloc’s new trouble first appeared on Latest India news, analysis and reports on IPA Newspack.

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.

By James M Dorsey Think that the heart wrenching images streaming out of the Gaza Strip suggest that Israel has Hamas over a barrel? Think again. Talks in Europe and in Cairo suggest otherwise. The talks stalled after Hamas insisted that it would not engage in prisoner exchange negotiations unless Israel halts fighting and agrees […]

The post Israel, Hamas Prisoner Exchange Talks Further Mired first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: Strong domestic demand, supported by government spending on infrastructure, building and construction segments, is expected to keep India’s steel imports elevated around the 6 million tonne (MT) mark this financial year even as the global steel industry battles a slowdown, according to rating agency Crisil. Global steel demand, which has been subdued since […]

The post Firm Domestic Demand To Keep India’s Steel Imports Elevated In 2023-24: Crisil first appeared on Latest India news, analysis and reports on IPA Newspack.

MUMBAI: All six members of the Reserve Bank of India’s (RBI’s) monetary policy committee (MPC) expressed caution over food inflation during the December review, while two external members warned about high real interest rates as headline inflation approaches its target of 4 per cent. The central bank continued to maintain the status quo on both […]

The post MPC Members Voice Concern Over Food Inflation Trajectory, Show Minutes first appeared on Latest India news, analysis and reports on IPA Newspack.

Rajya Sabha Chairman Jagdeep Dhankhar has justified the suspension of members from the Upper House by terming it “unavoidable” due to their “extreme degree of misconduct” and he had “risen to the occasion” when the temple of democracy was “sacrileged”. In a letter to NCP chief Sharad Pawar, Dhankhar also voiced his anguish over the […]

The post Dhankhar decries politicising ‘sacrilege’ of parliament first appeared on Latest India news, analysis and reports on IPA Newspack.