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By Prabhat Patnaik Argentina’s new president Javier Milei proposes to use US dollars as the currency of his country, while abolishing its central bank altogether. What is involved in this proposal is not just maintaining a fixed exchange rate between the dollar and the domestic currency, but an abolition of the domestic currency altogether. The […]

The post Dollarisation Programme Of Argentina Will Impose Additional Burden On Its Workers first appeared on Latest India news, analysis and reports on IPA Newspack.

By Dr. Gyan Pathak BJP has just coined this attractive slogan to its gullible constituency – Teesri Baar Modi Sarkar, ab ki baar 400 paar. Some national and international political analysts are declaring “almost an inevitability” of PM Narendra Modi’s win for the third time, supporting the first part of the slogan, while PM Modi’s […]

The post BJP’s Crossing 400 Seats Slogan Is A Hype, Far Away From Ground Reality first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: India’s merchandise exports this financial year will touch last year’s levels despite shipments contracting 6.5% year-on-year in the first eight months and slowdown in global trade, Commerce and Industry Minister Piyush Goyal said Wednesday. “Globally growth has been negative, international trade is in the negative territory, estimates are that this year international trade […]

The post Goods Exports To Touch Last Year’s Level In FY24 Despite Global Slowdown: Goyal first appeared on Latest India news, analysis and reports on IPA Newspack.

MUMBAI: The Reserve Bank of India (RBI) on Tuesday proposed to tighten norms for dividend declaration by banks as it lowered the net non-performing asset (NPA) ratio for a lender to be eligible for paying dividends. In a draft circular released on Tuesday, the RBI said it would not entertain any ad hoc dispensation on […]

The post Reserve Bank Of India Seeks To Lower NNPA Of Banks For Paying Dividends first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: The share of the private sector in new investment projects rose amid a slowing pace of government investments in the December quarter. But the value of new investment projects declined sharply by 78% on year to Rupees 2.1 trillion. The Centre front-loaded its budget capex in the early part of the current financial […]

The post New Capex Announcements Plunge 77 Per Cent To Rupees 1.9 Trillion In December Quarter first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: The Centre’s dividend receipts from the Central Public Sector Enterprises (CPSEs) stood at Rs 43,843 crore as of January 1, crossing the 2023-24 budget estimate (BE) of Rs 43,000 crore, giving further comfort on the fiscal front. The dividend receipts of Rs 39,086 crore so far in FY24 were 26% higher than the […]

The post Centre’s Dividends From CPSEs Exceed FY24 Budget Target first appeared on Latest India news, analysis and reports on IPA Newspack.

Coal India Ltd (CIL) has lined up massive plans to ramp up its mining capacity, while also roping in the private players in a big way as mine development operators (MDOs). The state-run miner, which reported elevated capex consistently over the last several years, will keep the pace in the coming years as well, with […]

The post Coal Production Target For FY25 Is Set At 850 MT: CIL CMD first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: The country’s power consumption dipped 2.3 per cent to 119.07 Billion Units (BU) in December, marking its first monthly decline in eight months due to lower demand for heating equipment, especially in the north, on account of mild winter, according to government data. Earlier in April 2023, power consumption had dipped nearly 1.5 […]

The post Power Consumption Dips Marginally By 2.3% To 119.07 Billion Units In December: Govt first appeared on Latest India news, analysis and reports on IPA Newspack.

By Dr. Gyan Pathak EVM concerns have cropped up again, because the older Electronic Voting Machines (EVMs) are still in use in large numbers, newer EVMs that come with Voter Verifiable Paper Audit Trial (VVPAT) paper record are not comprehensive enough, and even all the VVPATs are not counted to match the actual votes polled. […]

The post EVM Concerns Crop Up Again, Votes Polled Must Match VVPAT Counting first appeared on Latest India news, analysis and reports on IPA Newspack.

By Sushil Kutty Watch out. Will Maharashtra Lok Sabha elections throw up surprises? The state dangles like a ripe fruit for the taking. Everybody is just waiting. The alliances, they seem they’re many. What happened to the Maha Vikas Aghadi, and did the BJP and the Shinde Shiv Sena combine have a name before Ajit […]

The post INDIA Bloc Has Lot Of Issues To Sort Out For Arriving At An Agreement In Maharashtra first appeared on Latest India news, analysis and reports on IPA Newspack.

By Nitya Chakraborty The year 2023 has ended with two big wars and a few local conflicts including one in Myanmar bordering India. While the world was looking for the end of war in Ukraine during 2023, a new war with much severe death toll began in Gaza strip of Palestine in October 2023 giving […]

The post Global Politics May Witness Further Shift To Right And Authoritarianism In 2024 first appeared on Latest India news, analysis and reports on IPA Newspack.

By Tirthankar Mitra Famous as the first ‘Showman’ of Indian cinema, had Raj Kapoor been alive today, he would have celebrated in grand style his turning 100 this month. Facing the movie cameras after putting on the grease-paint and an attire which was a take on that of the inimitable Charlie Chaplin, he essayed the […]

The post Raj Who Played ‘Raju’ Would Have Been ‘100’ This Month first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: Despite heavy odds and global crises, India showed remarkable resilience to keep inflation under control, Prime Minister Narendra Modi has said, exuding confidence that the BJP was a “natural choice” for the people and will form a majority government for a third time in a row in 2024. In an interview with newsmagazine […]

The post India On Road To Becoming Developed Country By 2047, Says PM Modi first appeared on Latest India news, analysis and reports on IPA Newspack.

By Arun Srivastava The catchline “Phir Aayega Modi” of the saffron ecosystem needs correction. It portrays him as a visionary who will return to usher India to a new and affluent ecosphere — purely as a device to strengthen the perception that Modi is the only saviour. Therefore, people must elect him. But scratch a […]

The post INDIA Bloc Must Protect Democracy With Bharat Nyay Yatra 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.

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.

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 Dr. Gyan Pathak Prime Minister Narendra Modi’s psycho-political warfare for Electoral Battle 2024 began on December 23, the concluding day of the BJP’s two-day meet. He asked party leaders to increase vote share by 10 percent compared to the 2019 elections. Union Minister of Home Affairs Amit Shah said the BJP’s performance should leave […]

The post Modi’s Psycho-Political Warfare Has Several Faultlines first appeared on Latest India news, analysis and reports on IPA Newspack.

By Arun Kumar Shrivastav Maharashtra boasts a seemingly healthy tiger population, but the numbers hide a troubling reality: a significant number of these magnificent creatures are dying, with a third of the deaths attributed to unnatural causes. Since 2018, Maharashtra has lost 151 tigers. Poaching and electrocution were responsible for 42 tiger deaths. Drowning incidents […]

The post Save The Maharashtra Tiger, 41 Killed In 10 Months Alone 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.