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NEW DELHI: The Centre’s “just-in-time” mechanism to release money for government agencies, including at the state level, has forced banks to rework their fund-raising strategy as they have lost out on low-cost current and savings account float.Worst hit are public sector banks such as State Bank of India, which have now activated the SME and […]

The post Banks Tap Business, Rework Plan To Raise Low-Cost Deposits first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: India’s demand for electricity for running household air conditioners is estimated to expand nine-fold by 2050 and will exceed total power consumption in the whole of Africa today, the International Energy Agency (IEA) said on Tuesday. In its latest World Energy Outlook, IEA said India will see the largest energy demand growth of […]

The post India’s Power Demand For ACs To Exceed Total Consumption Of Africa: IEA first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: India will become the world’s third-largest economy, overtaking Germany and Japan, by 2030 on the strength of its youthful demographic profile and rapidly rising urban household incomes, S&P Global Market Intelligence has projected. Now India is in fifth position. That will result in India becoming the second-largest economy in the Asia-Pacific region, after […]

The post India Set To Be World’s Third-Largest Economy By 2030, Says S&P Global first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: India’s commitment to become a major global manufacturing hub is reinforced as the sector witnesses a 36% increase in job postings, as unveiled by Indeed, a global matching and hiring platform. Recent data by Indeed also indicated that production/manufacturing continues to remain one of the most hired functional areas in the past year. […]

The post India’s Manufacturing Sector Surges With 36% Rise In Jobs: Report first appeared on Latest India news, analysis and reports on IPA Newspack.

Mobile data service revenue is expected to grow at CAGR 8.1% over 2022-2027, even as mobile voice revenue drops on the back of users increasingly shifting to over-the-top (OTT) communications platforms, data and analytics firm GlobalData said in its India Telecom Operators Country Intelligence Report Tuesday. The total telecom and pay-TV services revenue in India […]

The post Mobile Data Revenue Likely To Grow Over 8% CAGR From 2022-27: GlobalData first appeared on Latest India news, analysis and reports on IPA Newspack.

Maharashtra Deputy Chief Minister Ajit Pawar on Monday batted for a “caste census” on the lines of the one conducted in Bihar by the Nitish Kumar government and said such a move will help find the exact population of all communities so that proportionate benefits can be given accordingly. Addressing a public meeting in Madha […]

The post Ajit Pawar for Bihar-like caste census first appeared on Latest India news, analysis and reports on IPA Newspack.

AIMIM president Asaduddin Owaisi has appealed to Prime Minister Narendra Modi to make efforts to see that a humanitarian corridor is opened in Gaza so that people can get relief and a ceasefire announced. He spoke to reporters after addressing a public meeting on Monday night organised at the AIMIM headquarters here “in protest against […]

The post Owaisi appeals PM to help Gaza humanitarian corridor first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: India has settled international trade worth over $2.5 billion in rupee after the Reserve Bank of India (RBI) facilitated this in July last year, according to a senior official. Much of the trade settlement in rupee has been with Russia, Sri Lanka and three-four other countries, he said. Though this shows a pick-up […]

The post Rupee Trade Worth $2.5-Billion Since July 2022 RBI Move first appeared on Latest India news, analysis and reports on IPA Newspack.

By Nitya Chakraborty The Hamas-Israeli war entered its seventeenth day on Monday indicating all the potential of the limited conflict engulfing the entire West Asian region if the global powers, especially the United States President Joe Biden does not persuade his friend Israeli:Prime Minister Benjamin Netanyahu to declare ceasefire immediately to stop the killing of […]

The post President Biden And Other Western Leaders Must Persuade Netanyahu To Declare Ceasefire first appeared on Latest India news, analysis and reports on IPA Newspack.

By Harihar Swarup As the conflict between Israel and Hamas intensifies and the horrifying scale of the October 7 attack on civilians emerges, there is a growing disquiet in a section of the Congress about the working committee resolution that did not mention Hamas or condemn the terror attack . In fact, the first step […]

The post Congress Stand On Hamas-Israel War Reflecting Conflicting Views On Hamas first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: Several multinational companies headquartered in the Netherlands, Switzerland and France could be staring at retrospective tax demands for close to ₹11,000 crore on dividend income repatriated from India, following a Supreme Court ruling last week. The Supreme Court said on Thursday that the lower 5% withholding tax on dividend income of companies was […]

The post MNCs May Face Rs 11,000 Crore Retro Tax Demand After SC Ruling first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: Senior officials from the World Trade Organisation (WTO) member countries are meeting in Geneva from Monday to lay the groundwork for the next ministerial conference of the global trade regulating body which will involve reviewing the status of progress on the decisions of the previous ministerial conference and reforms in the global trade […]

The post Food Stock-Holding, E-Commerce Tax On Wto Meet Agenda first appeared on Latest India news, analysis and reports on IPA Newspack.

Congress president Mallikarjun Kharge on Sunday wrote to Prime Minister Narendra Modi alleging that the government’s recent orders asking officials to “showcase” the achievements of the last nine years was “politicisation” of the bureaucracy and demanded their withdrawal. In his letter, Kharge objected to the government order issued on October 18 which, he claimed, stated […]

The post Kharge writes to PM over ‘politicisation’ of bureaucracy first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: The Small and medium enterprises (SME) IPOs have been performing exceptionally well in the share market. The reasons are the strong participation from High Net Worth Individuals (HNIs), liquidity in the market and the positive outlook of the investors. As per the data provided by PrimeDatabase.com, various units have raised Rs 3,540 crore […]

The post IPOs Of Small And Medium Enterprises Raise Rs 3,540 Crore In 2023 So Far first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: India’s 5G rollout speed may be one of the fastest in the world in just a year of  launch. But where the country is falling behind is in the adoption of private captive networks by its enterprises. India lags behind the US, Japan, Germany, UK and China,  among other geographies, on this parameter, […]

The post A Year After Rollout, Private 5G Struggles To Find Takers first appeared on Latest India news, analysis and reports on IPA Newspack.

KOLKATA: The Reserve Bank of India (RBI) is likely to hold repo rates steady for a long period as easing of core inflation and high real interest rates provide comfort, but frequent volatility in food prices – albeit transient – requires monetary policy makers to be vigilant, according to the minutes of the monetary policy […]

The post RBI Cautious On Future Price Shocks, May Hold Repo Steady first appeared on Latest India news, analysis and reports on IPA Newspack.