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NEW DELHI: India’s industrial growth dropped more than expected in September to 5.8% from a 14-month high of 10.3% in the preceding month, hit by an unfavorable base effect magnified by a shift in the festival calendar. Excess rainfall in September also disrupted output, impacting growth. Economists expect the Index of Industrial Production (IIP) to […]

The post Industrial Growth Slows To 3-Month Low In September first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: India on Thursday put the onus of long-term prosperity of the world oil market on OPEC and called upon the grouping of exporting countries to maintain market stability for the benefit of consumers, producers and global economy. At the 6th meeting of the Indian-OPEC Energy Dialogue in Vienna, oil minister Hardeep Singh Puri […]

The post Amid High Oil Prices, India Puts Onus Of Global Growth On OPEC first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: Strong domestic demand is likely to sustain India’s economy in the near term, said Moody’s on Thursday as it kept the country’s growth forecast for 2023 and 2024 unchanged at 6.7 and 6.1 per cent. “Robust goods and services tax collections, surging auto sales, rising consumer optimism and double-digit credit growth suggest urban […]

The post Domestic Demand To Sustain India Growth In The Near Term, Says Moody’s first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: After a gap of eight months, India’s goods exports rose for the first time in October, driven by pharma and engineering exports. While official numbers are due to be released on November 15, preliminary data accessed by TOI estimated that exports went up by around 3% over last year’s level of $31.6 billion. […]

The post Goods Exports Rise For The First Time In Eight Months first appeared on Latest India news, analysis and reports on IPA Newspack.

By Ashis Biswas For Bangladesh, an inexorable decline of its economy during the last couple of years has added to the present tensions it faces in its uneasy relationship with the US. This has rendered the position of the ruling Awami League (AL) politically more vulnerable as it continues its pre-election campaign for the 2024 […]

The post American And Western Diplomats Are Openly Supporting Opposition In Bangladesh first appeared on Latest India news, analysis and reports on IPA Newspack.

By Prabhat Patnaik In an economy like ours where the work-force is not neatly divided into “the employed” and “the unemployed”, and instead there is massive and growing casualisation of work, measuring unemployment is a tricky business. It necessarily means asking a person how much work that person got over a certain period in the […]

The post India’s Working Force Has Remained Stagnant Over The Last Five Years first appeared on Latest India news, analysis and reports on IPA Newspack.

Nitish Kumar has sprung a political surprise with his proposed new quota in Bihar, which seems to have hit two targets: changing the discourse over his derogatory statements while putting the BJP in a political fix. The proposed increase in quota from 50 per cent — the ceiling set by the Supreme Court—to 65 per […]

The post Nitish quota ‘googly’ forces BJP to back bill first appeared on Latest India news, analysis and reports on IPA Newspack.

By Nantoo Banerjee It is difficult to believe that there has been no listed ‘code-of-conduct’ for the directly elected representatives of Lok Sabha since the country held its first general elections between October 21, 1951 and February 21, 1952. Paradoxically though, Lok Sabha has an ethics committee with the members remaining in the dark about […]

The post Lok Sabha Ethics Committee Functions Without Code Of Conduct For Members first appeared on Latest India news, analysis and reports on IPA Newspack.

By K Raveendran The Supreme Court’s displeasure with the way the Centre is using its agencies to suppress criticism or force adversaries into submission is finding expression at increasing frequency. “It can’t be a State that is run only through its agencies,” Justice Sanjay Kishan Kaul said while hearing a petition urging the court to […]

The post Court Observations Against Agencies Set A Trend Ahead Of Upcoming Review Petitions first appeared on Latest India news, analysis and reports on IPA Newspack.

Union Minister Gajendra Singh Shekhawat on Wednesday submitted a memorandum to the Rajasthan chief electoral officer, alleging that Chief Minister Ashok Gehlot concealed information on criminal cases against him in his nomination papers. A similar complaint has been made to the Jodhpur district election officer as well. Gehlot is contesting from Jodhpur’s Sardarpura seat for […]

The post Shekhawat says Gehlot concealed criminal cases in afidavit 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 should start putting trade barriers as a safeguard against rising steel imports, Dilip Oommen, CEO, ArcelorMittal Nippon Steel India, and President of the Indian Steel Association, said on Tuesday. According to Oommen, India happens to be in the “spotlight” as far as “economy and steel consumption” are concerned. And since this is […]

The post India Should Explore Trade Barriers As Safeguards Against Rising Steel Imports: Dilip Oommen, AMNS India, CEO first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: The Central Electricity Authority (CEA) has outlined a strategy to boost the use of electric vehicles (EVs) in energy grid support, which could significantly enhance the sustainability of the country’s power system. Smart charging and vehicle-to-grid (V2G) services are crucial to manage the large-scale integration of renewable energy sources and to provide ancillary […]

The post CEA Advocates For EVs As Energy Storage In National Grid Support first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: The National Coal Index (NCI) has registered an increase of 3.83 points to 143.91 for the month of September 2023, the coal ministry said in a statement on Tuesday. This marks the first rise in the index since April 2023, with a notable influence from the short-term escalation in global coal prices. The […]

The post National Coal Index Climbs For First Time Since April Amid Global Price Shifts first appeared on Latest India news, analysis and reports on IPA Newspack.

By Arun Srivastava Once again, the Bihar chief minister Nitish Kumar has proved that his bête noire Narendra Modi could not match his political craftsmanship and administrative acumen. Though the middle class bhakts of Modi claim that he has perfect understanding of the time, when to strike and how to mutilate his opponent, the Tuesday […]

The post Nitish Trumps RSS, Modi With Caste-Based Socio-Economic Report first appeared on Latest India news, analysis and reports on IPA Newspack.

By Dr. Gyan Pathak As Madhya Pradesh Vidhan Sabha Election campaigns reach its mid-way, with only a week left for campaigning, Congress seems to have emerged even stronger than previously expected just one week ago, or even likely to perform better than in the last election held in 2018. Even the latest poll survey results […]

The post Congress Emerging Stronger In Madhya Pradesh, Closer To Power first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: India is framing a national policy to transform its airports into major international hubs that will offer single-point international connectivity to the South Asian region. The policy, which will need cabinet nod, aims to frame laws for easing security and immigration bottlenecks at airports, allocation of international flying rights and building necessary infrastructure […]

The post Policy Soon To Make Airports Transit Hubs For South Asia first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: New investment demand in the second half of this fiscal year is likely to be tempered amid increased geopolitical tensions in the Middle East, and a potential slowdown in the momentum of government capital expenditure (capex) and project execution prior to the general elections, said credit rating agency ICRA in its latest report […]

The post New Investment Demand Likely To Taper In Second Half Of FY24: ICRA first appeared on Latest India news, analysis and reports on IPA Newspack.

According to steel industry body, ISA, India will continue to be the top export destination for coking coal in the foreseeable future. The local steel industry is being impacted by rising prices, and the Indian steel sector is looking for sustainable ways to use coking coal. India is the biggest importer of met coal. India […]

The post India To Remain Export Market For Coking Coal; Rising Prices Remain A Concern: Industry Body ISA first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: Amid record high power demand this year, the Union power ministry has initiated discussions with state governments to augment their power generation capacities, both conventional and renewable energy. Union Minister for Power, New and Renewable Energy R K Singh said close to 12 gigawatt (Gw) of new coal-based capacity will come online by […]

The post 12 GW Thermal Power By Next Year To Meet High Demand, Says R K Singh first appeared on Latest India news, analysis and reports on IPA Newspack.