K Raveendran GCC countries could become more vulnerable to the economic and financial impacts of physical risks from climate change over the next few decades if investments in adaptation and resilience stagnate, Standard & Poor’s said in a report. According to the report titled Sustainability Insights Research: Lost GDP: Potential Impacts Of Physical Climate Risks, on average, about 8% of the GCC region’s GDP could be at […]
Field Chief Technology Officer to lead an expanded organization supporting ViewQwest enterprise customers in network and security transformation. SINGAPORE – Media OutReach Newswire – 12 December 2023 – ViewQwest, award-winning Telecommunications and Managed Security Services Provider (MSSP), announced the appointment of Lee Mun Fai as Field Chief Technology Officer (CTO). The move underscores ViewQwest’s commitment to delivering innovative, fit-for-purpose solutions and maintaining service excellence amidst the rapid […]
You might be familiar with traditional fire safety measures. However, in the present day, innovation is stepping into the spotlight, ushering in a new era of safety. Today, you are armed with intelligent systems that work seamlessly to prevent, detect, and respond to potential fire hazards. In this blog, we’ll guide you through cutting-edge solutions designed to enhance your safety and reduce the likelihood of fire incidents. […]
In the United Arab Emirates (UAE), online trading has become an increasingly popular avenue for both local and international investors. The growth of this sector is underpinned by robust regulatory frameworks and the emergence of diverse trading opportunities. Understanding the nuances of online trading in UAE is essential for anyone looking to navigate this dynamic market. The Landscape of Online Trading in the UAE The UAE has […]
NEW DELHI: Global trends, macroeconomic data, and the outcome of the US Fed policy meeting are the major factors that will drive the movement in the domestic equity markets this week, analysts said. “In the upcoming data-centric week, the focus will be on crucial releases, including inflation data from India and the US. Indian inflation […]
The post Market To Focus On Macro Data, Global Trends: Analysts first appeared on Latest India news, analysis and reports on IPA Newspack.
NEW DELHI: The department of telecommunications (DoT) will soon come out with a set of reforms primarily aimed at simplifying the licensing process, rationalising penalties, and faster grant of spectrum for trial purposes. Sources said that DoT also plans to launch a framework for regulatory sandbox, which will provide a lab-kind platform for startups, telecom […]
The post DoT Signals New Telecom Sector Reforms first appeared on Latest India news, analysis and reports on IPA Newspack.
NEW DELHI: Propelled by a surge in vegetable prices, India’s retail inflation, based on the Consumer Price Index (CPI), likely rose to a three-month high of 5.7% in November from 4.87% in October, according to a poll of 17 economists by FE. In November 2022, the retail inflation was at 5.88%. The estimates in the […]
The post November CPI Inflation Seen At 3-Month High Of 5.7 Per Cent first appeared on Latest India news, analysis and reports on IPA Newspack.
NEW DELHI: India has sought to settle a long-standing dispute with the European Union (EU) by offering exclusive import duty concessions for certain information technology products, under the proposed bilateral free trade agreement (FTA) with the 27-country customs-cum-monetary bloc. To address concerns on the information and communication technology (ICT) tariffs, the government is looking at […]
The post India Proposes To Resolve ICT Tariffs Dispute With EU Under FTA first appeared on Latest India news, analysis and reports on IPA Newspack.
NEW DELHI: To deepen the bond market, Sebi is looking to introduce the concept of ‘fast track’ public issuance for debt securities and further reduce the face value of debt securities, including non-convertible debentures, issued on a private placement basis to Rs 10,000 from Rs 1 lakh at present. If implemented, the move would also […]
The post SEBI Plans To Introduce Fast Track Concept first appeared on Latest India news, analysis and reports on IPA Newspack.
HONG KONG SAR – Media OutReach Newswire – 7 December 2023 – Today, KGI Asia has released its 2024 Global Market Outlook, which covers Mainland China, Hong Kong, Taiwan, the US, Singapore, and Indonesia. (From left to right) James Chu, Chairman at KGI Investment Advisory and Kenny Wen, Head of Investment Strategy at KGI Asia The chances of a soft landing in the United States continue to […]
NEW DELHI: To curb retail food prices, the government has announced a host of measures including ban on export of onion till the end of current fiscal, duty-free import of yellow peas, additional limits on stocking of wheat and allocation of additional quantities of the grain under the open market sale to bulk buyers from […]
The post Government Pays Heed To RBI, Moves To Rein In Food Prices first appeared on Latest India news, analysis and reports on IPA Newspack.
MUMBAI: The Reserve Bank of India (RBI) Friday held interest rates and its monetary policy stance for the fifth consecutive review meeting on moderating price pressures, but signaled that rates will remain elevated to ensure consumer inflation retreats toward the central bank’s legally mandated target. It also bumped up the economic growth forecast for FY24 […]
The post RBI Holds Rates Again, Bumps Up FY24 Growth Forecast To 7 Per Cent first appeared on Latest India news, analysis and reports on IPA Newspack.
MUMBAI: In a move to enhance security, integrity and privacy of financial sector data and bring transparency on fintechs in the country, the Reserve Bank of India (RBI) is set to establish a cloud facility and a repository for capturing information on fintech firms. The Indian Financial Technology and Allied Services (IFTAS), a wholly-owned subsidiary […]
The post RBI Plans Cloud For Financial Data, Repository For Fintech Information first appeared on Latest India news, analysis and reports on IPA Newspack.
India’s economic growth can become faster if the much-awaited private capital formation kicks into higher gear, Chief Economic Advisor V Anantha Nageswaran said on Friday.Nageswaran said that post-COVID financial balance sheets of corporates have been positive.”For economic growth we need to have investment spending … India economic growth can become faster and accelerate if the […]
The post Private Investment Key To Sustaining High Economic Growth Rate: CEA Nageswaran first appeared on Latest India news, analysis and reports on IPA Newspack.
The central bank’s decision to keep the repo rate unchanged at its bi-monthly meeting on Friday may encourage potential buyers of homes, cars and durable products to take the sales plunge, executives at top companies said. “Today’s RBI monetary policy announcement is a good boost to industry confidence. The upward revision of GDP growth rate, […]
The post India Inc Says Rate Pause May Spur Demand first appeared on Latest India news, analysis and reports on IPA Newspack.
James M Dorsey The United Arab Emirates walks a geopolitical tightrope, juggling big power rivalries and mounting regional instability fuelled by the Gaza war. Putin’s movements beyond the confines of Russia are restricted. Signatories of the Rome Statute that established the International Criminal Court are obliged to arrest Putin against whom the court has issued a Ukraine-related international arrest warrant. Visiting the UAE and Saudi Arabia was a […]
HONG KONG SAR – Media OutReach – 8 December 2023 – Hong Kong-based WOW Technology Holding Group Company Limited (“WOW Technology” or the “Group”) is pleased to announce it has become a member of the Guangdong-Hong Kong-Macao Supercomputing Interconnection Overseas Network. Along with the accelerated technological innovation and strategic industry development in the Greater Bay Area, to further promote computing power integration into the grid, the Group […]
MUMBAI: Private sector banks have increased their share in term deposits to 35 per cent in the second quarter (Q2) of 2023-24 (FY24), up from 32 per cent in the fourth quarter (Q4) of 2022-23 (FY23). In contrast, public sector banks (PSBs) lost 200 basis points (bps) of their share in fixed deposits (FDs), declining […]
The post Private Sector Banks Increase Fixed Deposit Market Share: RBI Data first appeared on Latest India news, analysis and reports on IPA Newspack.
NEW DELHI: Amid lingering concerns that the much-delayed private capex cycle may not have taken root yet, Corporate India on Thursday said with capacity utilisation in many sectors being 75-80% if not higher, a strong momentum in private investments was firmly around the corner. Pointing out that fresh investments have already started in many sectors, […]
The post Domestic Factors Conducive For New Capex Cycle: India Inc first appeared on Latest India news, analysis and reports on IPA Newspack.
NEW DELHI: A series of steps are being taken by the government to curb retail food inflation. The Union food ministry on Thursday directed all sugar mills and distilleries to stop using sugarcane juice for the production of ethanol for the 2023-24 season, to ensure an adequate supply of sweetener for domestic consumption and prevent […]
The post Government Takes A Slew Of Steps To Curb Food Inflation first appeared on Latest India news, analysis and reports on IPA Newspack.
MUMBAI: The Reserve Bank of India on Friday decided to keep the policy rate unchanged at 6.5 per cent for the fifth time in a row as it maintains a tight vigil on inflation. The rate increase cycle was paused in April after six consecutive rate hikes, aggregating to 250 basis points since May 2022. […]
The post RBI Retains Repo Rate At 6.5 Per Cent For Fifth Time In A Row first appeared on Latest India news, analysis and reports on IPA Newspack.
NEW DELHI: The Centre on Wednesday sought approval of Parliament for gross additional spending of Rs 1.29 trillion including Rs 14,524 crore for Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) and Rs 13,351 crore for fertiliser subsidy. “Approval of Parliament is sought to authorise gross additional expenditure of Rs 1,29,348.85 crore. Of this, the […]
The post Govt Seeks Nod For Rs 14,524-Crore Extra Spending On MGNREGS first appeared on Latest India news, analysis and reports on IPA Newspack.
NEW DELHI: In a development that will deepen India’s local value addition in the mobile and electronics manufacturing chain, Apple has asked its suppliers to make batteries for its forthcoming iPhone 16 domestically. This is part of the company’s plans to shift its global supply chain out of China. According to a Financial Times report, […]
The post Apple Pushes For Indian Batteries; Move Part Of Shifting Out Of China first appeared on Latest India news, analysis and reports on IPA Newspack.
By Sushil Kutty Anumula Revanth Reddy is the new Telangana Chief Minister. Also known as ‘Tiger’ Revanth, he took Bharat Rashtra Samithi supremo K Chandrashekar Rao’s place. Reddy is the first Congress Chief Minister of Telangana and faces the daunting task of reviving Telangana’s financial fortunes. For those who believe ‘KCR’ left Telangana in the […]
The post New Telangana Chief Minister Revanth Reddy Has To Deliver In Lok Sabha Polls For Congress first appeared on Latest India news, analysis and reports on IPA Newspack.
