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Penal Amount Hike On The Cards As RBI Likely To Revamp Framework

MUMBAI: The Reserve Bank of India (RBI) may undertake a comprehensive review of its framework for penalties, according to a top regulatory source. These may include raising the penal amount; the feasibility of linking it to the size of regulated entities (REs), especially for systemically important entities, and repeat offences; and clawback of the payouts […]

The post Penal Amount Hike On The Cards As RBI Likely To Revamp Framework first appeared on Latest India news, analysis and reports on IPA Newspack.

India Must Protect Autonomy Post IPEF Deal, Says GTRI

NEW DELHI: Negotiation phase for India is practically over at the Indo-Pacific Economic Framework for Prosperity (IPEF) with agreement on supply chains already signed and talks almost over on clean and fair economy. It must move cautiously now to protect space for the domestic policy action, according to a trade policy think tank. The three […]

The post India Must Protect Autonomy Post IPEF Deal, Says GTRI first appeared on Latest India news, analysis and reports on IPA Newspack.

IoT Stack On Lines Of Aadhaar, UPI In The Works

NEW DELHI: After the success of digital public infrastructure (DPI) such as Aadhaar, Unified Payments Interface (UPI), DigiLocker, etc, the government is planning a homegrown Internet of Things (IoT) stack based on open source tools and software. The plan, officials say, is to come up with a low-cost and secured solution. This solution will help […]

The post IoT Stack On Lines Of Aadhaar, UPI In The Works first appeared on Latest India news, analysis and reports on IPA Newspack.

FBS Earns the Most Reliable Forex Broker 2023 Award

BANGKOK, THAILAND – Media OutReach – 17 November 2023 – FBS, a leading online trading platform, has been recognized as the “Most Reliable Forex Broker 2023” by the International Finance Expo. This prestigious title serves as a testament to FBS’s dedication to providing secure and trustworthy financial services to more than 27 million of its clients in over 150 countries. FBS named the Most Reliable Forex Broker […]

Quality Building Award 2024 Now Open for Nomination with Building in GBA Award Category Added

Themed “Empowering Innovation | Sustaining Green | Generating Wellness” to Pave the Way for Sustainable Smart Buildings Worldwide HONG KONG SAR – Media OutReach – 16 November 2023 – The Quality Building Award 2024 (QBA 2024) is now officially open for nomination. The QBA, which was inaugurated in 2002 by nine of Hong Kong’s leading professional institutions and organizations, is a prestigious biennial award that recognizes the […]

Currency trading made clear: an Octa guide

In keeping up with its clarity principle, the international broker Octa clarifies one aspect of trading at a time. Learn everything you need to know about currency trading, simply and transparently. KUALA LUMPUR, MALAYSIA – Media OutReach – 17 November 2023 – In the world of finance, there are many trading markets and assets, each with its own unique features. Today, we will explore the Forex market […]

NBFCs To Face More Heat Than Banks

MUMBAI: The Reserve Bank of India’s (RBI) move on Thursday to increase risk weight on banks and non-banking finance companies’ (NBFCs) unsecured personal loan and credit card portfolio would likely hit the capital adequacy ratio (CRAR) of NBFCs more against that of banks, experts say. According to a report by Jefferies, country’s largest NBFC Bajaj […]

The post NBFCs To Face More Heat Than Banks first appeared on Latest India news, analysis and reports on IPA Newspack.

India Seeks To Restart Stalled Adani Coal Imports Probe

NEW DELHI: Investigators are seeking to restart a probe into Adani Group for alleged overvaluation of coal imports and have asked the Supreme Court to allow them to collect evidence from Singapore, a step they say the company thwarted for years, legal documents show. The Directorate of Revenue Intelligence since 2016 has been trying to […]

The post India Seeks To Restart Stalled Adani Coal Imports Probe first appeared on Latest India news, analysis and reports on IPA Newspack.

India’s G20 Presidency Advocated Solutions From Within Global South: EAM

NEW DELHI: External Affairs Minister S Jaishankar on Friday said that India’s G20 Presidency advocated for finding solutions from within the Global South. He said that India walked the talk by hosting the first Voice of the Global South Summit in January 2023 and added that the nations were able to hold discussions on the […]

The post India’s G20 Presidency Advocated Solutions From Within Global South: EAM first appeared on Latest India news, analysis and reports on IPA Newspack.

NHAI To Award Rs 44,412-Crore Worth BOT Projects This Fiscal

NEW DELHI: To bring private investments back in the highway construction sector, the National Highways Authority of India (NHAI) has decided to award 937-km-long of stretches entailing investments of Rs 44,412 crore via the build operate transfer (BOT) model in the current financial year, a senior official said Friday. The length of highways identified for […]

The post NHAI To Award Rs 44,412-Crore Worth BOT Projects This Fiscal first appeared on Latest India news, analysis and reports on IPA Newspack.

Double Delight For Kerala Chief Minister P Vijayan

By P. Sreekumaran THIRUVANANTHAPURAM: It is a double delight for Kerala Chief Minister Pinarayi Vijayan, who has successfully blunted the edge of a campaign of calumny against him and his government. In a major morale-booster to the LDF Government ahead of the Lok Sabha elections next year, the Lokayukta has given a clean chit to […]

The post Double Delight For Kerala Chief Minister P Vijayan first appeared on Latest India news, analysis and reports on IPA Newspack.

Slew Of Changes To SEZ Act Likely In Winter Session

NEW DELHI: The government is planning to bring a few amendments to the Special Economic Zones (SEZ) Act 2005 in the winter session of Parliament, with a view to giving more operational flexibility to units in these tax-free enclaves, especially when it comes to sales in the domestic tariff area. These amendments are being taken […]

The post Slew Of Changes To SEZ Act Likely In Winter Session first appeared on Latest India news, analysis and reports on IPA Newspack.

TRON Founder Justin Sun and TRON Receive Top Awards at Wiki Finance EXPO

SYDNEY, AUSTRALIA – Media OutReach – 17 November 2023 – On November 16, at the Wiki Finance Expo held in Sydney, Australia, Justin Sun, the founder of TRON, and the TRON network received the annual “Metaverse Navigator Award” and the global “Financial Freedom Ambassador Award” respectively. This is another international recognition for Justin Sun and TRON following their previous award at the Dubai Blockchain Eco Conference on […]

Winners Announced for the ‘Greater Bay Area Outstanding Women Entrepreneur Awards 2023’ Showcasing Extraordinary Women Creating a New Leadership Style for the Greater Bay Area

HONG KONG SAR – Media OutReach – 17 November 2023 – The 6th ‘Greater Bay Area Outstanding Women Entrepreneur Awards 2023’ is co-organised by the Hong Kong Small and Medium Enterprises Association and FM 104 Metro Finance, with primary sponsorship from the Bank of Singapore, and more than 40 support units, announcing the list of award winners today. Secretary for Justice of the Hong Kong Special Administrative […]

RBI Tightens Norms, Raises Risk Weights For Personal Loans And Credit Cards

MUMBAI: After cautioning banks and non-banking financial companies (NBFCs) on surging unsecured loans like personal loans and those on the credit card, the Reserve Bank of India (RBI) on Thursday increased the risk weighting for such loans from 100 per cent to 125 per cent. The risk weighting for bank loans to higher-rated NBFCs too […]

The post RBI Tightens Norms, Raises Risk Weights For Personal Loans And Credit Cards first appeared on Latest India news, analysis and reports on IPA Newspack.

India’s GDP To Grow 6-7.1% During 2024-2026, Growth Prospects Strong: S&P

NEW DELHI: India’s economic growth prospects remain robust over the medium term, with its gross domestic product (GDP) expected to grow between 6 per cent and 7.1 percent annually in 2023-24 (FY24) through 2025-26, S&P Global said in its latest report on Thursday. “Economic growth momentum to continue. India’s economic growth prospects should remain strong […]

The post India’s GDP To Grow 6-7.1% During 2024-2026, Growth Prospects Strong: S&P first appeared on Latest India news, analysis and reports on IPA Newspack.

Indian Economy Still Not Out Of Woods, Says RBI

MUMBAI: Retail inflation has moderated due to monetary policy action and supply side interventions but the Indian economy is still ‘not out of the woods yet and have miles to go’, said the Reserve Bank of India’s (RBI) monthly bulletin on Thursday. “We are not out of the woods yet and have miles to go, […]

The post Indian Economy Still Not Out Of Woods, Says RBI first appeared on Latest India news, analysis and reports on IPA Newspack.

Normalisation Of Demand For Services Behind Falling “Core” Inflation

NEW DELHI: The sharp fall being recorded in core inflation, as per the Consumer Price Index, is largely a result of a decline in the inflation rate of services components, which were earlier at high levels, data analysed by FE showed. In October, core inflation was at a 43-month low of 4.2%. As for the […]

The post Normalisation Of Demand For Services Behind Falling “Core” Inflation first appeared on Latest India news, analysis and reports on IPA Newspack.

Zero Waiting List For Indian Railways Passengers Is Just A Lollipop

By Dr. Gyan Pathak India railways has just announced that it aims to achieve zero waiting list for confirmed tickets by 2027, but only after pictures of overcrowded platforms and trains across India surfaced last week in which several fell unconscious due to suffocation and at least one passenger died. Many passengers having confirmed tickets […]

The post Zero Waiting List For Indian Railways Passengers Is Just A Lollipop first appeared on Latest India news, analysis and reports on IPA Newspack.

Central Bank Digital Currencies strengthen case for Bitcoin

Singapore will pilot the live issuance and use of wholesale central bank digital currencies in 2024, managing director of the Monetary Authority of Singapore, Ravi Menon, has said this week. The news comes as a total of 130 countries representing 98% of the global economy are now exploring digital versions of their currencies, with almost half in advanced development, pilot or launch stages, according to the U.S.-based […]

AI-Powered Dobin to Unveil Groundbreaking “Financial Insights” Feature at Singapore FinTech Festival

Revolutionary Financial App to help Singaporeans achieve Financial Wellbeing Dobin announced the launch of a first-of-its-kind “Financial Insights” feature at the Singapore FinTech Festival. Amid challenging economic conditions, the feature is designed to tackle inflation-driven stresses such as rising utility bills, higher consumer prices, and growing everyday expenses, enabling Singaporeans to regain control of their finances. Backed by decades of industry experience, Dobin’s co-founders include former Visa […]

Focusing on Green Finance and Governance, Exploring Future Cooperation and Development, SMU and RUC to co-host a Global Forum

BEIJING, CHINA – Media OutReach – 17 November 2023 – On 21 November 2023, Singapore Management University (SMU) and Renmin University of China (RUC) will co-host a high-profile Global Forum on the theme of “Green Finance and Governance: From Commitments to Actions” at Culture Square, Haidian District, Beijing, China. The Forum is supported by School of Finance, Renmin University of China (SFRUC) and China Financial Policy Research […]

IRDAI Issues Exposure Draft On EoM For Insurers Based On RRC Suggestions

MUMBAI: The Insurance Regulatory and Development Authority of India (Irdai) has released an exposure draft on the Expenses of Management (EoM) including a commission for both life and non-life insurance companies, based on the recommendation from the Regulation Review Committee (RRC). The RRC recommended merging the commission and EOM regulations to create a single regulation […]

The post IRDAI Issues Exposure Draft On EoM For Insurers Based On RRC Suggestions first appeared on Latest India news, analysis and reports on IPA Newspack.

World Bank Global Indicators Are Subjective, Says CEA

NEW DELHI: Key global indicators used by the World Bank (WB) to rank the governance of countries are based on subjective opinions by expert institutions which don’t know the context of member countries, Chief Economic Advisor (CEA) V Nageswaran has said. Speaking at a seminar on Multilateral Institutions for the 21st Century by think tank […]

The post World Bank Global Indicators Are Subjective, Says CEA first appeared on Latest India news, analysis and reports on IPA Newspack.