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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.

NEW DELHI: The government is set to enlist state-run power sector companies such as NTPC, NHPC, Power Grid Corporation and SJVN to support its efforts to push households to adopt the rooftop solar programme. Guidelines to be announced soon would allow these public sector units to cover the installation cost for the solar systems and […]

The post PSUs To Charge Up Govt’s Rooftop Solar Scheme first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: The Build Operate Transfer (BOT) model for highway construction is back, with the National Highways Authority of India (NHAI) calling bids for projects entailing combined investments of Rs 31,000 crore via this route. In all, 8 key highway stretches including a greenfield access-controlled expressway is proposed to be developed in the BOT model, […]

The post Bids For Rs 31,000-Crore Highway Projects Called Under BOT Model 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.

Matein Khalid In the emerging markets financial jungle, fairytales are impossible without the right jungle guide. So when Alejandro A (gringo name Alex), one of my closest friends in life since we first met in New York in J.P. Morgan Chase’s capital markets training program decades ago and now the chairman of his own I-bank in Buenos Aires dissected President Milei’s blueprint for revolutionary energy reform, I […]

NEW DELHI: The central public sector enterprises (CPSEs) and other government agencies like the NHAI and the Railways have invested Rs 5.51 trillion or 75% of their combined FY24 capital expenditure target in April-December period. On an annual basis, these entities’ capex grew by robust 22.4% in the first nine months of the current financial […]

The post CPSEs Meet 75 Per Cent Of FY24 Capex Target In April-December first appeared on Latest India news, analysis and reports on IPA Newspack.

By Salah Uddin Shoaib Choudhury After failing to stop the January 7, 2024 general elections in Bangladesh by spending millions of dollars towards lobbyists and PR agencies in the United States, Britain and other Western nations, India and Hindu hating ultra-Islamist and pro-Pakistan Bangladesh Nationalist Party (BNP) has launched a movement titled ‘India Out’ with […]

The post Bangladesh Nationalist Party Launches ‘India Out’ Movement first appeared on Latest India news, analysis and reports on IPA Newspack.

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NEW DELHI: The government is expected to announce its commitment to reforms in the financial sector in the upcoming interim budget, laying the roadmap for big bang announcements in 2024-25, including the privatisation of a state-run bank and a general insurance firm, said people with knowledge of the matter. Finance minister Nirmala Sitharaman is also […]

The post Plans Afoot To Privatise A PSB & A General Insurer first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: India is expected to clock a GDP growth in the range of 6.9-7.2 per cent in the current financial year on the back of improving economic fundamentals, Deloitte India said in an update to its quarterly outlook. As per the first advance estimates of national income released by the National Statistical Office (NSO), […]

The post India Likely To Register 6.9-7.2% GDP Growth In FY24, Says Deloitte first appeared on Latest India news, analysis and reports on IPA Newspack.

HONG KONG SAR – Media OutReach Newswire – 12 January 2024 – Today, IX Asia Indexes announced the 2nd Half 2023 Review of the IX Digital Asset Industry Classification System (“DAICS®“), aiming to provide the professionals worldwide with a transparent and standardized classification scheme to determine sector and exposure of particular digital assets. DAICS® classifies digital assets into 2 main categories: a) Cryptocurrencies and b) Asset Backed […]

Closing Price on Debut Day 164% Higher than Offer Price HONG KONG SAR – Media OutReach Neswire – 12 January 2024 – WellCell Holdings Co., Limited (“WellCell” or the “Company”; together with its subsidiaries, the “Group”, stock code: 2477), a comprehensive telecommunication network support and ICT integration service provider and software developer in the PRC, is successfully listed on the Main Board of The Stock Exchange of […]

GANDHINAGAR: Finance Minister Nirmala Sitharaman on Thursday said India has a USD 10.1 trillion funding gap to meet its net zero commitment and asked IFSC to set up a platform where green credits can be traded. Speaking at a session ‘An aspiration of modern India’ at the GIFT City, the minister said companies in India […]

The post IFSC Needs To Ready Platform Where Green Credits Can Be Traded: Finance Minister Nirmala Sitharaman first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: Any further shift among the taxpayers to the concessional personal income tax regime from 60% reported so far will require further tweaks to make it more attractive, government sources said on condition of anonymity. A few options in this regard are under consideration, they said, but hinted that these steps might get deferred […]

The post New Income Tax Regime May See More Tweaks first appeared on Latest India news, analysis and reports on IPA Newspack.

MUMBAI: In a measure that could bring relief to promoters of startups, the Securities and Exchange Board of India (Sebi) is in favour of relaxing the rules on the minimum promoters’ contribution at the time of an initial public offering (IPO). As startup founders typically dilute their stakes in the course of fundraises, they are […]

The post SEBI Proposes Easier Rules For Startup Listings first appeared on Latest India news, analysis and reports on IPA Newspack.

MUMBAI/BENGALURU: India’s information technology (IT) leaders have once again sent out a signal that the macro environment is tough and that their clients are spending cautiously. Kicking off the earnings season on Thursday, the third quarter results of Tata Consultancy Services (TCS) and Infosys reflected the slowdown in the global markets. While attrition has been […]

The post IT Leaders Infosys, TCS Kick Off Q3 Earnings Season With Weak Numbers first appeared on Latest India news, analysis and reports on IPA Newspack.

SINGAPORE – Media OutReach Newswire – 12 January 2024 – As part of the pipeline of initiatives to increase accessibility of the Singapore Chartered Accountant Qualification (SCAQ), the examination fees for the SCAQ programme will be lowered from June 2024. The SCAQ programme is the national Chartered Accountant qualification programme that confers the prestigious designation of Chartered Accountant of Singapore (CA Singapore). The SCAQ is a globally […]

HONG KONG SAR – Media OutReach – 12 January 2024 – Today, IX Asia Indexes announced the 2023 4th quarter review of ixCrypto Index Series and second-half yearly review of the IX Digital Asset Industry Series. The constituent change for ixCrypto Index Series will be effective on 19 January, 2024 (Friday), while the constituent change for IX Digital Asset Industry Index Series will be effective on 1st […]

The year 2023 was not only about finance for the international broker Octa. Here’s how it helped make a difference through a series of CSR initiatives around the world. KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 12 January 2024 – In 2023, Octa significantly enhanced its corporate social responsibility (CSR) activities by carrying out 21 projects that left a lasting impact on local communities worldwide. These […]

The Backbase Engagement Banking Platform will enable Danske Bank to provide its customers with the best digital customer experience and the latest innovative solution AMSTERDAM, NETHERLANDS – Media OutReach Newswire – 12 January 2024 – Backbase, the global leader in Engagement Banking, has made an agreement with Danske Bank, a leading Nordic bank based in Copenhagen, Denmark. This agreement provides Danske Bank with access to Backbase’s Engagement […]

Inspired creator of the Independent Partnership Program, Zach Wade, announces Wade Marketing has officially surpassed the 200th partner mark in just under a year since launching the program. Philadelphia, PA, United States – January 11, 2024 — Wade Marketing, a top-rated digital marketing agency, launched its Independent Partnership Program in the summer of 2022 and is pleased to announce that they have since surpassed the 200th partner […]

K Raveendran In a landmark judgement, the US SEC has approved 11 Bitcoin spot ETFs paving the way for mass adoption of digital assets. Sending you herewith, reactions from industry stalwarts on its impact and future outlook. According to experts, it is expected that the US decision would prompt financial institutions in other regions to apply for similar businesses. In view of this, other financial centres such […]

MUMBAI: The monetary policy committee (MPC) is expected to keep rates unchanged for the remainder of this fiscal amid weak agricultural output and tight global food supplies posing upside risks to inflation, and global market volatility, according to a Crisil Market Intelligence and Analytics report. A rate cut is expected only in the first quarter […]

The post Rate Cut Expected Only In First Quarter Of Next Fiscal: CRISIL first appeared on Latest India news, analysis and reports on IPA Newspack.

Electricity being a very political sensitive issue and States having a major role to play, Telangana Chief Minister A Revanth Reddy, laid out his intent to strengthen the sector. He stressed for the need to implement a comprehensive power policy in the State after conducting a detailed study of the existing power policies adopted by […]

The post Telangana Government To Bring In ‘New Power (Electricity) Policy’ first appeared on Latest India news, analysis and reports on IPA Newspack.

By Anjan Roy After fiddling with the Indian economy for years, Raghuram Rajan, former governor of Reserve Bank of India, finds himself in a kind of Hamlet moment. Rajan had observed that India would be lucky to reach a 5% growth rate during the current fiscal year. He was heaped with criticism for his pessimism […]

The post Indian Economy Has Shown Its Own Strengths Through High Growth In 2023-24 first appeared on Latest India news, analysis and reports on IPA Newspack.

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