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.
NEW DELHI: Reiterating the demand for a reduction in tariffs and duties on components and subassemblies imported for making smartphones in India, the India Cellular and Electronics Association (ICEA) on Wednesday said such a reduction in input tariffs could increase the country’s smartphone exports by nearly four times to $39 billion (around Rs 3.2 trillion) […]
The post Tariff Cut May Boost India’s Phone Exports To $39 Billion By 2027: ICEA first appeared on Latest India news, analysis and reports on IPA Newspack.
NEW DELHI: After bilaterally resolving many major trade disputes that had reached the dispute settlement body at the World Trade Organisation, trade ministers of India and US will meet here on Friday to discuss other pending issues. Fast-tracking of the process of inspection and audit of Indian pharma companies by US Food and Drug Administration, […]
The post Pharma, Restoration Of Duty Reliefs To Top India-Us Trade Forum Agenda first appeared on Latest India news, analysis and reports on IPA Newspack.
MANILA, PHILIPPINES – Media OutReach Newswire – 11 January 2024 – More than spreading joy with great tasting food around the world, the Jollibee Group is committed to nourishing a professional workplace culture and high employee engagement, while sustaining its global growth and progressing on its sustainability goals. The Jollibee Group has recently received double recognition on the international stage with its inclusion in TIME Magazine’s “World’s […]
The SEC approval of Bitcoin Exchange-Traded Funds (ETFs) signals a landmark moment for both Bitcoin and the broader cryptocurrency market, and could send prices skyrocketing in the longer-term with BTC prices perhaps hitting $60,000 this quarter, predicts the CEO of one of the world’s largest independent financial advisory, asset management and fintech organizations. The bullish prediction from Nigel Green of deVere Group, a long-term high profile cryptocurrency […]
Forex trading, the act of exchanging currencies on the global market, has undergone significant evolution over the years. From its early days to the present, the forex market has continually adapted to changes in technology, regulation, and global economic patterns. Understanding the evolution of forex trading and anticipating its future trends is essential for anyone involved in this dynamic market. Those looking to explore what is forex […]
NEW DELHI: About 50 per cent of the Indian businesses surveyed expressed their commitment to achieving the net-zero target, reflecting their desire to address climate change issues and transit to a low-carbon economy, said a PwC report on Tuesday. Of these, about 48 per cent committed to achieving net-zero emission target by 2030, said PwC […]
The post Majority Businesses Committed To Net-Zero Emission Target: PwC first appeared on Latest India news, analysis and reports on IPA Newspack.
NEW DELHI: Even though India’s overall unemployment rate has declined in 2023 as compared to 2022, the joblessness within youth has started to rise again, according to data released by the Centre for Monitoring Indian Economy (CMIE) for October-December quarter. For those in the age group between 20 to 34 years, the unemployment rate across […]
The post CMIE Data Points To Rising Unemployment Among The Youth first appeared on Latest India news, analysis and reports on IPA Newspack.
NEW DELHI: Several restrictions imposed on rice exports to improve domestic supplies have adversely impacted India’s farm exports in the first eight months of current fiscal. However, shipments of Basmati rice (18%), buffalo meat (13%) and fresh fruits and vegetables (20%) have grown significantly even amid the general slump in shipments. Exports of agricultural items […]
The post Many Bright Spots Amid Slowdown In Farm Exports first appeared on Latest India news, analysis and reports on IPA Newspack.
By K Raveendran Geopolitics and guidance from the US Federal Reserve may not be the only factors that determine the performance of gold in the New Year. The Indian and other elections slated for the year may also be determinants. India is the second largest gold consumer in the world and the rate at which […]
The post Implications Of National Elections For Gold Demand In India And World Markets first appeared on Latest India news, analysis and reports on IPA Newspack.
By Girish Linganna Pakistan’s efforts to purchase advanced stealth fighters from China could compel India to expedite its air force upgrade, possibly through the acquisition of F-35 jets from the United States. This move would be aimed at maintaining tactical air superiority along its frontiers, according to experts. Pakistan Air Force’s top official, Air Chief […]
The post Pakistan May Soon Acquire Advanced Stealth Fighters From China first appeared on Latest India news, analysis and reports on IPA Newspack.
CashRegain receives acclaim for effective, client-focused fund recovery services in glowing client reviews. United States – January 10, 2024 — CashRegain is excited to announce its official launch, already backed by an outpouring of positive reviews for its revolutionary approach to fund recovery services. As a new player in the fund recovery industry, CashRegain is making waves with its commitment to integrity, client-centric service, and effective recovery […]
STT GDC sets industry benchmarks in sustainable financing as the first sustainability linked perpetual issuance in Asia. SINGAPORE – Media OutReach Newswire – 10 January 2024 – ST Telemedia Global Data Centres (STT GDC), one of the world’s fastest growing data centre providers, announced that it has on 8 January 2024 issued S$450 million of Sustainability-Linked Perpetual (SLP) securities under the company’s S$1.5 billion multicurrency debt issuance […]
Arabian Post Staff India and the UAE signed three Memorandums of Understanding (MoUs), setting out frameworks for the expansion of bilateral investment cooperation in the renewable energy, food processing and healthcare sectors. The agreements were signed on the occasion of Sheikh Mohamed bin Zayed Al Nahyan, President of the UAE, by the Ministry of Investment of the UAE with the respective Indian ministries, underscoring the UAE’s strong […]
Arabian Post Staff JetFinder, a Toronto-based private jet broker with UAE presence, recently set a milestone by recording a cryptocurrency transaction for approximately 750K USDT for a single flight booking. The anticipated approval of a Bitcoin ETF represents a significant milestone in the financial and aviation sectors, potentially revolutionizing the private aviation industry. If approved, it could legitimize cryptocurrency as a mainstream investment option, increasing its stability […]
NEW DELHI: The repeated argument that India witnessed a K-shaped recovery post-pandemic is “flawed, prejudiced, and ill-concocted”, said a research report by SBI on Monday. According to the report, post-pandemic, households are reconfiguring their savings towards physical assets, including real estate, it said. “The oft-repeated conundrum debating a K-shaped recovery post-pandemic seems at best flawed, […]
The post K-Shaped Recovery Narrative Flawed And Prejudiced: SBI Report first appeared on Latest India news, analysis and reports on IPA Newspack.
Quasar Markets aims to redefine the world of finance by changing the way investors and financial professionals access and use artificial intelligence. Tampa, Florida, United States – January 8, 2024 — Quasar Markets, a cutting-edge fintech company powered by AI-driven financial market research, is set to launch on February 2. The company aims to redefine the world of finance by changing the way investors and financial professionals […]
NEW DELHI: The National Financial Reporting Authority (NFRA) is planning to annually undertake inspections of major audit firms, including the Big Four, to gauge their compliance, seeking to put in place an oversight mechanism of this kind for the first time, a person aware of the details told ET. The thinking behind this, he indicated, […]
The post NFRA Plans Annual Auditor Checks first appeared on Latest India news, analysis and reports on IPA Newspack.
MUMBAI: Gaining from high credit off-take and lower credit costs, banks are likely to post 16.7 per cent year-on-year (Y-o-Y) growth in net profit during the third quarter of the financial year ended December 2023 (Q3 FY24). However, sequentially, net profit may shrink by 2.4 per cent over the second quarter ended September 2023 (Q2), […]
The post Banks’ Net Profit Likely To Grow By 16.7% In Q3 Due To High Credit Offtake first appeared on Latest India news, analysis and reports on IPA Newspack.
NEW DELHI: As India and the four-member European Union Free Trade Association (EFTA) enter the final rounds of negotiations on a free trade agreement (FTA), the decision of Switzerland to bring down its import tariffs on industrial goods to zero has limited the gains that can be derived from the deal for New Delhi. Switzerland […]
The post Little Gains From FTA With EFTA After Swiss Move To Scrap Tariffs first appeared on Latest India news, analysis and reports on IPA Newspack.
NEW DELHI: Government-run Employees State Insurance Corporation (ESIC) has been consistently leading in providing social-security benefits by formalising the workforce in the organised sector. This has happened with high growth in coverage in recent years as compared to the Employees Provident Fund Organisation (EPFO), shows the government data. ESIC offers the primary government scheme that […]
The post ESIC Leads In Providing Social Security Benefits By Formalising Workforce first appeared on Latest India news, analysis and reports on IPA Newspack.
