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Restrict China’s penetration into Pakistan to only economic corridor, and don’t provide any access to Beijing in security set-up, the US has clearly instructed Pakistan’s Chief of Army Staff (COAS) General Syed Asim Munir during his ongoing visit to Washington. The move is being seen as stopping Chinese security outposts in Pakistan, according to top […]

The post US warns Pakistan during army chief’s visit first appeared on Latest India news, analysis and reports on IPA Newspack.

MUMBAI: A month after the Reserve Bank of India announced tighter regulations for credit to non-banking financial companies, cost of borrowing for these players has jumped sharply. Banks too are paying more for funds amid tight liquidity conditions in the banking system. Cost of borrowing for companies, banks and non-banks through commercial papers (CP) and […]

The post Borrowing Costs Rise For NBFCs And Companies first appeared on Latest India news, analysis and reports on IPA Newspack.

MUMBAI: The microfinance industry has put disruptions relating to Covid-19 and demonetisation behind it. But the segment is still grappling with challenges due to high attrition rate and steep interest rates, say experts. In its Inclusive Finance India Report 2023, ACCESS Development Services pegs the microfinance industry’s attrition at 49%. The figure is much higher […]

The post High Attrition, Pricey Loans Key Hurdles In MFI Segment: Experts first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: India’s merchandise exports in 2023 would not buck the larger global trends and are set to contract 5.3%, according to an analysis by trade policy think tank. But the performance of electronics segment stands out, giving indications that support measures might work for other priority sectors too. According to the United Nations Conference […]

The post Exports Seen To Have Declined 5 Per Cent In 2023 first appeared on Latest India news, analysis and reports on IPA Newspack.

MUMBAI: After every blow up in the financial markets, credit rating agencies (CRAs), often the whipping boys in a fiasco, complain how they have been kept in the dark by lenders and financial institutions holding back sensitive facts. Will this ever change? Hints are that it finally may. For the first time, leading banks have […]

The post Banks Open To Exploring A Pact On Sharing Default Info With Rating Companies first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: In a dazzling resurgence, foreign investors have graced the Indian equity markets with an influx of nearly Rs 1.5 lakh crore in 2023, fuelled by optimism over the country’s resilient economic fundamentals amid shadows of a gloomy global scenario. Experts believe that the positive trend may continue in 2024. This follows Indian equities […]

The post FPIs Flood Indian Equity Markets, Infuse Rs 1.5 Lakh Crore In 2023 first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: Ambuja Cements Ltd, owned by Adani Group, on Monday said it will invest Rs 6,000 crore in 1,000 MW renewable power projects by FY26. The transformative investment, funded through Internal accruals, encompasses a diverse portfolio of solar and wind power projects strategically positioned across Gujarat and Rajasthan, Ambuja Cements Ltd (ACL) said. “The […]

The post Ambuja Cements To Invest Rs 6,000 Cr In Renewable Power Projects By FY26 first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: Reliance Industries Ltd was the biggest wealth creator during the five-year period from 2018 to 2023 while Adani Enterprises Ltd was the top all-round wealth creator, according to a study by Motilal Oswal Financial Services. The study, based on stock market performance of companies, said for the fifth time in succession, Reliance emerged […]

The post Reliance Biggest Wealth Creator, Adani Enterprises Top All-Round Wealthcreator: Study first appeared on Latest India news, analysis and reports on IPA Newspack.

By Nantoo Banerjee The restoration of statehood for Jammu and Kashmir, without the Union Territory of Ladakh, and an expected elected government by September, next year, come at a time when J&K has established its position as one of India’s top performing provinces in terms of economic growth. J&K’s state GDP is lately growing at […]

The post J&K Has Potential To Become One Of India’s Economically Strong States first appeared on Latest India news, analysis and reports on IPA Newspack.

By Anjan Roy The Indian stock market is looking like unstoppable, for now. The equity markets are scaling new heights and along with that, the investors are reaping riches. The BSE Sensex has increased by close to 1000 points in intra-day trading on Friday. The NSE index has climbed by close to 300 points. The […]

The post Steep Rise In Indian Stock Markets Is Based On Positive Outlook In Both Domestic And Global Economy first appeared on Latest India news, analysis and reports on IPA Newspack.

Adani group has acquired a 50.5 per cent stake in newswire services provider IANS India Pvt Ltd for ₹5.1 lakh, further consolidating its presence in the media sector. The acquisition was done through Adani Enterprises’ subsidiary AMG Media Networks, which signed an agreement with IANS and its shareholder Sandeep Bamzai, an exchange filing late on […]

The post Adani Buys 50.5% Stake In Newswire IANS Consolidating Presence In Media Sector first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: As talks with the European Union (EU) on resolving the dispute around Indian import tariffs on information technology products hit a roadblock, to preempt the adoption of an adverse ruling that had been delivered in the case at the World Trade Organisation (WTO) New Delhi has filed an appeal. India and EU have […]

The post At WTO, India Blocks EU Move For Ruling To Lower ICT Tariffs first appeared on Latest India news, analysis and reports on IPA Newspack.

MUMBAI: Bucking the overall positive market trend, life insurance stocks declined by up to 8 per cent on Friday after the Insurance Regulatory and Development Authority of India (Irdai) proposed a higher surrender value for life insurance companies. In the last two days, the stock of Life Insurance Corporation (LIC) slipped by 1 per cent […]

The post IRDAI’s Diktat On Surrender Value Weighs On Life Insurance Stocks first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: The procurement of goods and services from the government portal GeM is expected to touch Rs 3.5 lakh crore by the end of this fiscal due to higher buying activities by various ministries and departments, a senior government official said. The government e-Market (GeM) portal was launched on August 9, 2016, for online […]

The post Procurement From GeM Portal May Reach Rs 3.5 Lakh Crore This Fiscal first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: As the world moves towards clean energy technologies, the demand for critical minerals is surging. So is their import dependence. Most of these minerals – which help power electric vehicles, wind turbines and solar panels – are imported from China, which is a leader in global production and supplier of these resources. During […]

The post Critical Mineral Imports Rise As Shift Towards Green Energy Catches Pace first appeared on Latest India news, analysis and reports on IPA Newspack.

MUMBAI: Essar group has signed three agreements with the Gujarat government to invest Rs 55,000 crore across port, power and energy transition, and create more than 10,000 jobs. This is as part of the company’s renewed phase of making strategic investments in the state. The group has signed a memorandum of understanding (MOU) to develop […]

The post Essar Group Signs MoU With Gujarat Govt To Invest Rs 55,000 Crore first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: Breaking the seven-month-long deflationary streak, India’s Wholesale Price Index (WPI)-based inflation rate turned positive in November. The data released by the Ministry of Commerce and Industry on Thursday showed that the inflation in factory gate prices touched an eight-month high of 0.26 per cent in November, up from minus 0.52 per cent in […]

The post WPI Inflation At 8-Month High In November first appeared on Latest India news, analysis and reports on IPA Newspack.

In its first cabinet meeting, the Vishnu Deo Sai-led government in Chhattisgarh on Thursday approved the sanctioning of 18 lakh houses for beneficiaries in rural areas under the Pradhan Mantri Awas Yojna (PMAY), a key promise made by the BJP ahead of the assembly polls. The cabinet met here at Mantralaya in the afternoon, a […]

The post First Sao cabinet meet clears building of 18 lakh houses first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: Average power purchase cost increased by 71 paise per unit during FY22-23 due to a rise in various overheads like transmission and distribution rates, Parliament was informed on Thursday. On the rise in power cost due to increased use of imported coal, Union Power Minister RK Singh, in a written reply to the […]

The post Average Power Purchase Cost Rises 71 Paise/Unit In FY22-23 first appeared on Latest India news, analysis and reports on IPA Newspack.

India Inc’s appetite to spend on capital projects is high despite some concerns around elevated geopolitical tensions impacting demand in the coming months. Several top industry officials ET spoke to say the momentum for capital investments remains strong and transient pressures will not impact companies’ making long-term bets on domestic growth. As a result, the […]

The post India Inc’s Capex Cycle May Move Into Top Gear first appeared on Latest India news, analysis and reports on IPA Newspack.