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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.

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.

By Sushil Kutty After Hemant Soren, will it be the turn of Arvind Kejriwal. Both of them Chief Ministers who became targets of the Enforcement Directorate. The Jharkhand Chief Minister got arrested and had to resign. Hemant Soren says he will fight to win; fighting words, but the writing is on the wall. Problem is, […]

The post Will Arvind Kejriwal Be The Next On The Pattern Of Hemant Soren? first appeared on Latest India news, analysis and reports on IPA Newspack.

By Girish Linganna The interim Budget 2024 has not made mention of any measure or recommendation to address the very serious bottleneck that has been gripping India’s maritime trade for weeks now—the Red Sea crisis! This crisis is also known as the United States-Iran proxy war that began on October 19, 2023, when the Houthis […]

The post 2024-25 Budget Is Silent On India’s Maritime Preparedness To Deal With Red Sea Crisis first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: When Union Finance Minister Nirmala Sitharaman rose to present the Interim Budget on Thursday, it was an open question as to whether it would focus on consolidating the gains made in recent years on fiscal consolidation, or move towards full-throated populism in anticipation of general elections in the next few months. The answer […]

The post FM Sitharaman’s Interim Budget Is High On Confidence, Not On Populism first appeared on Latest India news, analysis and reports on IPA Newspack.

NSE Nifty was up by 0.03 per cent or 5.95 points to 21,731.65 points, while the BSE Sensex was at 71,806.44 up by 0.04 per cent or six points. A total of 3,820 stocks were actively traded, 1,722 advanced, while 1,962 declined and 136 stocks remained unchanged where 397 stocks hit a 52 week high […]

The post Markets Show Resilience Post-Budget; Mixed Sectoral Performance first appeared on Latest India news, analysis and reports on IPA Newspack.

Bengal Congress chief Adhir Ranjan Chowdhury on Wednesday said that he “just heard a noise” and saw window pane of Rahul Gandhi’s car falling off. “How do we know who has done it? Police will look into the matter,” he added. His statement came minutes after reports claimed that rear window pane of Gandhi’s vehicle […]

The post Stones thrown at Rahul Gandhi’s car in Malda first appeared on Latest India news, analysis and reports on IPA Newspack.

MUMBAI: Listed private sector banks reported a 23.8 per cent year-on-year (YoY) growth in net profit at Rs 43,543 crore in the third quarter of Financial Year 2023-24 (Q3 FY24) on, gaining from high credit offtake and fall in costs. Sequentially, however, profits sharply moderated with just 1.8 per cent growth compared to Q2 FY24 […]

The post Private Banks’ Profit Jumps 24% On High Offtake, Lower Credit Cost first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: India’s import of crude oil reached a multi-year high of 4.9 million barrels a day in January and increased 13% from December 2023, according to data from energy cargo tracker Vortexa. Indian refiners cumulatively had imported 4.3 million barrels a day in December. The country imported 1.20 million barrels a day of Russian […]

The post Iraq Oil Supplies To India Surge first appeared on Latest India news, analysis and reports on IPA Newspack.

By Nantoo Banerjee The growing Chinese People’s Liberation Army-Navy action agenda sending so-called research vessels to ports in Bangladesh, Myanmar, Sri Lanka, Pakistan and now the Maldives poses a major maritime threat to India and its littoral region. The PLA-Navy’s tie-ups with India’s neighbouring countries are all bilateral. The government of India may be upset […]

The post Indian Navy Needs Big Expansion To Face Off Chinese Maritime Hostility first appeared on Latest India news, analysis and reports on IPA Newspack.

By Kalyani Shankar On Sunday, Bihar Chief Minister Nitish Kumar threw a bomb shell by leaving the ruling Mahagathbandhan in Bihar and returning to the N.D.A. coalition. He also quit the opposition coalition which he had built eight months ago. This dismantling of the bloc has dealt a significant blow to the I.N.D.I.A. bloc at […]

The post Nitish Kumar Has Given A Big Jolt To India But His JD(U)’s Future Is Bleak first appeared on Latest India news, analysis and reports on IPA Newspack.

By Girish Linganna As a fallout of French President Emmanuel Macron’s visit to India as the Chief Guest at the country’s 75th Republic Day celebrations on January 26 this year, India and France have agreed to bolster their collaboration in the defence and aerospace sectors, finalizing the Indo-French defence industrial roadmap and many other equally […]

The post Macron-Modi Talks Give A Big Boost To High Tech Collaboration In Defence, Space first appeared on Latest India news, analysis and reports on IPA Newspack.

The crude oil market share of the Organization of Petroleum Exporting Countries (OPEC) has been declining since the cartel  came out with its Declaration of Cooperation (DoC). The share is under increasing threat from non-OPEC+ countries, analysts say. According to research agency BMI, a unit of Fitch Solutions, propping up Brent through DoC has come […]

The post OPEC Losing Crude Oil Market Share As It Cuts Output To Lift Prices first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: Delhi-NCR witnessed a sharp 42 per decline in demand for warehouse and industrial spaces last year on high base effect and lower new supply, according to Colliers. The gross leasing of Grade-A industrial & warehousing spaces fell to 5.1 million square feet in 2023 from 8.8 million square feet in the previous year. […]

The post Demand For Industrial, Warehousing Spaces In Delhi, NCR Falls 42 Per Cent first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: The government has halved the amount of equity infusion in state-owned fuel retailers to Rs 15,000 crore for supporting their investments in energy transition projects, the finance ministry has said. Finance Minister Nirmala Sitharaman had on February 1 last year while presenting the annual Budget for 2023-24 fiscal (April 2023 to March 2024) […]

The post Govt Halves Budget Support To Oil Firms, Defers Filling Strategic Reserves first appeared on Latest India news, analysis and reports on IPA Newspack.

By Prabhat Patnaik The unemployment situation is worse today than it has ever been in post-independence India. There are two distinct elements that have contributed to this situation. One is the fact that the output recovery from the fall caused by the pandemic-linked lockdown has not been accompanied by a comparable employment recovery. In fact, […]

The post Introduction Of Universal Employment Guarantee Scheme Is Need Of The Hour first appeared on Latest India news, analysis and reports on IPA Newspack.

Chinese officials have asked their Iranian counterparts to help rein in attacks on ships in the Red Sea by the Iran-backed Houthis, or risk harming business relations with Beijing, four Iranian sources and a diplomat familiar with the matter said. The discussions about the attacks and trade between China and Iran took place at several […]

The post China warns Iran as Red Sea ship attacks rise first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: India will not agree to an “asymmetrical”  agreement on reducing fisheries subsidies that contribute to overfishing and will insist on specific carveouts to protect its resource poor fishers and preserve the space to develop its capacities at the WTO, officials have said. “In India, the livelihood of 9 million people, mostly resource-poor, dependent […]

The post India To Insist On Carveouts To Protect Poor Fishers At WTO first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: Indian Oil Corporation (IOC) on Wednesday reported a massive jump in its third quarter net profit as compared to the year-ago period when it was financially struggling as input raw material crude oil prices spiked but retail finished product prices remained on freeze. Standalone net profit of Rs 8,063.39 crore in October-December 2023-24 […]

The post Indian Oil Corporation Q3 Net Profit Soars To Rs 8,063 Crore, On Road To Best-Ever Annual Earning first appeared on Latest India news, analysis and reports on IPA Newspack.

MUMBAI: Equity investors became poorer by Rs 8.50 lakh crore on Tuesday as markets came under a bear attack, with the benchmark Sensex falling almost 1,053.10 points. Equity benchmark index Sensex tumbled 1,053 points to close below the 71,000 level on Tuesday, dragged down by index heavyweights HDFC Bank, Reliance Industries and SBI amid mixed […]

The post Investors Wealth Erodes By Rs 8.50 Lakh Crore As Markets Tumble first appeared on Latest India news, analysis and reports on IPA Newspack.

By Arun Srivastava The richest, most crony capitalism-friendly prime minister of India Narendra Modi bestowing Bharat Ratna, although officially being awarded by the President, Draupadi Murmu, on the deprived socialist leader Karpoori Thakur has given rise to boisterous political chattering in Bihar. However, it has also put the political moves of Chief Minister Nitish Kumar […]

The post With Bharat Ratna To Karpoori Thakur, Modi Eyes Nitish’s Vote Base first appeared on Latest India news, analysis and reports on IPA Newspack.