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NEW DELHI: The Centre’ capital expenditure growth may slow down to 12% in FY25 from 37.4% pegged in Budget for FY24, India Ratings and Research (Ind-Ra) said in a report. This is mainly due to the pickup in private capex in few sectors, the forthcoming elections in April and the fiscal consolidation target of 4.5% […]

The post Centre’s Budget Capex Growth To Slow To 12 Per Cent In FY25: India Ratings And Research first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: Real rural wages contracted in 21 of the 23 months to October 2023, signalling that consumer demand in the hinterland remains weak. Although rural inflation has tapered off in the 14 months till October 2023 from the high of 7.9% in September 2022, the lot of rural workers has not improved much. While […]

The post Rural Wages Still To Recover Concerns Over Consumption Demand first appeared on Latest India news, analysis and reports on IPA Newspack.

By Kalyani Shankar Is Congress leader Rahul Gandhi’s judgement coming under scrutiny? The critics wonder whether he promoted aides who ultimately betrayed him and the Congress. The recent departure of former minister Milind Deora has shrunk his inner circle, leaving only a few close aides who remain loyal. It’s worth noting that the BJP has […]

The post Rahul Gandhi Has To Be Careful In Choosing His Political Advisers first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: Power consumption in the country witnessed an on-year rise of nearly 8 per cent to 1,221.15 billion units (BU) during the April-December period of this fiscal, indicating a surge in economic activities. Power consumption in the country stood at 1,132.11 BU in April-December 2022-23. Industry experts said that around eight per cent growth […]

The post India’s Power Consumption Grows 8 Per Cent To 1,221 Billion Units In April-December first appeared on Latest India news, analysis and reports on IPA Newspack.

By Nantoo Banerjee India’s External Affairs Minister Subrahmanyam Jaishankar may disagree, but the country has failed to use its import trade muscle to improve its diplomatic relations with China. His recent statement on Sino-India relations at a gathering in Nagpur earlier this month that “a strife-torn border and good business can’t go together” lacks clarity […]

The post China Continues To Pose A Challenge To India’s Security And Economy first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: The fiscal deficit target for FY25 is likely to be pegged at 5.3 per cent of the gross domestic product (GDP) in the upcoming interim budget, suggests an analysis of multiple projections made by economists and forecasting agencies. Fiscal deficit is the difference between the total income of the government and the total […]

The post Interim Budget 2024-25: Govt May Target 5.3% Fiscal Deficit For FY25 first appeared on Latest India news, analysis and reports on IPA Newspack.

By Ashis Biswas In Bangladesh, the recent Awami League (AL) victory in the 2024 parliamentary polls has left major world powers sharply divided and common people confused. Significantly, the none-too-unpredictable outcome has not left too many Bangladeshis noticeably jubilant, excepting ruling AL leaders. The comfortable margin of the AL’s victory has bought ruling Prime Minister […]

The post A Confident Sheikh Hasina Is Set To Combat West’s Political Pressure In Her Fresh Term first appeared on Latest India news, analysis and reports on IPA Newspack.

By James M Dorsey A recent Lebanese public opinion poll suggests there may be limits to Iran-backed Shiite militia Hezbollah’s restraint in confronting Israel. It also suggests why Iran feels emboldened by escalating tensions in the Middle East. The poll results are significant with Hezbollah and Israel engaged in tit-for-tat cross border attacks that both […]

The post Hardliners Ride High In Miidle East As Border Hostilities Escalate Unexpectedly first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: Retail inflation for farm workers and rural labourers increased marginally to 7.71 per cent and 7.46 per cent in December compared to 7.37 per cent and 7.13 per cent, respectively, in November due to higher prices of certain food items.Food inflation stood at 9.95 per cent and 9.80 per cent in December 2023, […]

The post Retail Inflation For Farm Workers Rises To 7.71 Per Cent In December first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: Service sector companies in the information technology (IT), banking and finance segments comprise nearly half of the new jobs created in FY23 by India Inc, while firms in the manufacturing, infrastructure and consumption sectors saw moderate job creation, according to the latest study by Bank of Baroda released on Friday. Of the 8.12 […]

The post Services Sector Firms Led India Inc’s Job Creation In Fy23, Says Study first appeared on Latest India news, analysis and reports on IPA Newspack.

BENGALURU: Ecommerce sites had seen a significant dip in sales volume in December immediately after the end of the festive season, triggering growth concerns among online marketplaces and brands, according to industry executives. The ongoing Republic Day sales, however, have brought some respite to online shopping platforms, with a spike in consumption demand as per […]

The post Ecommerce Clicks Dip In December, Trigger Growth Concerns first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: India’s crude oil imports from Saudi Arabia may pick up modesty after the kingdom cut the official selling price of its key export grade for February, but the demand for discounted Russian Urals is still seen surpassing that for the oil from Saudi Aramco. Analysts feel any lartge additional buying of Saudi crude […]

The post Saudi Price Cuts Unlikely To Dent Indian Demand For Urals first appeared on Latest India news, analysis and reports on IPA Newspack.

MUMBAI: Benchmark Sensex nosedived 1,628 points or 2.23 per cent on Wednesday, marking its biggest single-day slide in more than one-and-a-half years following an intense sell-off in banking, metal and oil shares triggered by weak global trends. The 30-share BSE Sensex plunged 1,628.01 points or 2.23 per cent to settle at 71,500.76 with 24 of […]

The post Stock Markets In Free-Fall: Sensex Tanks 1,628 Points On Sharp Losses In Banking, Oil Shares first appeared on Latest India news, analysis and reports on IPA Newspack.

MUMBAI: A precipitous decline in shares of HDFC Bank, the most heavyweight component of the Nifty and the Sensex, on Wednesday, triggered the worst day for the domestic markets in nearly a year and a half. The Sensex closed at 71,501, shedding 1,628 points or 2.2 per cent, marking the most significant decline since June […]

The post HDFC Bank Slide Triggers Worst Day For Market In Last 18 Months first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: The Centre, state governments and industry representatives will meet on January 16 to discuss ways to boost the country’s exports, an official said. Issues which are expected to figure in the meeting include rupee payment challenges, need of global shipping, and challenges being faced by traders on account of the Red Sea crisis, […]

The post Centre, State, Exporters To Discuss Ways To Boost Exports first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: India’s trade deficit in December narrowed to a three-month low of $19.8 billion amid an import slowdown due to falling commodity prices. Merchandise exports during the month grew 0.97 per cent over a year earlier to $38.45 billion, contrary to the trend of a slowdown so far this financial year, showed data released […]

The post Trade Deficit Falls To Three-Month Low Of $19.8 Billion In December first appeared on Latest India news, analysis and reports on IPA Newspack.

By Nantoo Banerjee The new year’s best news for India, is that the Saudi Arabia-led Organisation of Petroleum Exporting Countries (OPEC) is fast losing its grip on the market with a number of countries willing to offer prices even lower than those fixed for Russian crude. Saudi Arabia itself has cut down crude oil prices […]

The post Lower Global Oil Demand And Price Will Benefit India In 2024 first appeared on Latest India news, analysis and reports on IPA Newspack.

By Dr. Gyan Pathak Uncertainty in Global labour market is likely to continue while unemployment is set to rise in 2024. Growing inequality and stagnant productivity will also be cause of concern on the economic front, especially at a time when the global economy is on track for the slowest half-decade of growth in 30 […]

The post Uncertainty In Labour Market To Continue, Unemployment To Rise In 2024 first appeared on Latest India news, analysis and reports on IPA Newspack.

MUMBAI: The Reserve Bank of India’s (RBI) monetary policy action may be credited for reducing core Consumer Price Index (CPI) inflation in the recent months, but a sub-4% core print also denotes weak demand conditions in the country at an aggregate level, say economists. Curiously, this is also a bit at odds with the RBI’s […]

The post Sub-4 Per Cent Core Inflation Betrays Weak Demand Conditions first appeared on Latest India news, analysis and reports on IPA Newspack.

By C.J. Atkins The strongest weapon the ruling class possesses is its control of the press—its domination of the sources through which people get their information. A hundred years ago, a group of radical workers and Marxist writers launched a publication in the United States of America they hoped would break the monopoly that bosses […]

The post US Communist Party Daily People’s World Has Completed 100 Years first appeared on Latest India news, analysis and reports on IPA Newspack.