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RAIPUR: Steel Authority of India Limited’s (SAIL) Chhattisgarh arm Bhilai Steel Plant (BSP) has developed a new product to be used in the high-speed Mumbai coastal road project. During a visit to customer premises in Mumbai last month, the contractor (involved in the project) desired that wire rod mill, if possible, should produce TMT Fe-550D […]

The post SAIL Chhattisgarh Arm Makes Special Rods For Mumbai Coastal Road Project first appeared on Latest India news, analysis and reports on IPA Newspack.

The world’s first AI summit, which is being organised by UK Prime Minister Rishi Sunak at Bletchley Park, the country estate where Alan Turing cracked the Enigma code that helped end the second world war, is being held next week. A guestlist of around 100 invited attendees includes Microsoft president Brad Smith, OpenAI chief executive Sam Altman, Google DeepMind chief Demis Hassabis, and from Meta AI chief […]

LINYI, CHINA – Media OutReach – 28 October 2023 – From October 23rd to 26th, SDLG held the 2024 SDLG Global Dealer Summit in Linyi, China, with the theme of “New Product, New Strategy, New Ecology”. More than 200 dealers from over 50 countries and regions around the world, as well as representatives from enterprises, financial institutions, and media organizations, attended the summit. During the summit, SDLG […]

ABU DHABI, 27th October, 2023 (WAM) — The fourth Plenary of the Financial Action Task Force (FATF)

MUMBAI: Investment in the Indian capital markets through participatory notes rose over a six-year high at Rs 1.33 lakh crore at September-end, making it the seventh consecutive monthly increase, on the back of robust macroeconomic fundamentals. This is the highest level since July 2017 — when investment through the route stood at Rs 1.35 lakh […]

The post P-Notes Investment Continues To Swell For Seventh Month On Robust Macros first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: State-run oil marketing companies (OMCs) have the capacity to absorb the global crude price shocks as they have made large profits (in the previous quarters) due to high prices, Union Minister for Petroleum and Natural Gas Hardeep Singh Puri told FE on Thursday. Though it has been widely felt that OMCs whose bottom […]

The post Government Hints Against Hike In Fuel Prices first appeared on Latest India news, analysis and reports on IPA Newspack.

The government has decided to offload 0.3 million tonnes (MT) under the open market sale scheme (OMSS) by the Food Corporation of India (FCI) in its weekly e-auction from next month, against 0.2 MT currently being offered for the bulk purchaser to cool down the prices. Sources told FE that because of surplus stocks held […]

The post Govt Hikes Allocation Of Wheat Under Open Market Sale Scheme first appeared on Latest India news, analysis and reports on IPA Newspack.

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Global consumer goods major Unilever says the India market, its second-largest in the world, may see a deflation in pricing within skincare and fabric cleansing, as commodity inflation moderates. The India unit of the London-headquartered company reported a flat price-led growth last week for the September quarter as it cut product prices within laundry and […]

The post Unilever Flags Pricing Pressure In India As Inflation Eases first appeared on Latest India news, analysis and reports on IPA Newspack.

HONG KONG SAR – Media OutReach – 27 October 2023 – On October 25th, the Conflux Hong Kong office celebrated its official launch with an opening ceremony at the Hong Kong Cyberport. The ribbon cutting ceremony Conflux founder Professor Long Fan was unable to attend in-person and instead sent his blessings through a video call. The ribbon-cutting ceremony was conducted jointly by Peter Yan, CEO of Cyberport […]


UAE President receives World Bank Group President


ABU DHABI, 26th October, 2023 (WAM) – President His Highness Sheikh Mohamed bin Zayed Al Nahyan toda

NEW DELHI: The Union Cabinet on Wednesday revised the per kilogramme subsidy under the nutrient-based regime, lowering it for nitrogen, phosphorus, potassium, and sulphur for the October-March period compared to the April-September period. The cost to the exchequer is estimated at Rs 22,303 crore. Between first half of FY-24 and October to March period, the […]

The post Centre Approves Rs 22,303 Crore Subsidy On P&K Fertilizers For Rabi Season first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: The government on Wednesday extended mandatory blending of imported coal with domestic fuel for power gencos till the end of the current financial year, in an attempt to ensure uninterrupted power supply across the country. It also extended the emergency clause or Section 11 of the Electricity Act 2003 which mandates imported coal-based […]

The post Mandatory Imported-Coal Blending Extended Till FY24-End first appeared on Latest India news, analysis and reports on IPA Newspack.

The California Kids Talent Connection (CKTC) is unveiling new initiatives to tackle the growing menace of scams targeting young Hollywood hopefuls. With the entertainment industry showing a significant uptick, the risk of scams preying on the inexperienced has also surged. Burbank, California, United States – October 26, 2023 /Baden Bower/ — The California Kids Talent Connection (CKTC) is unveiling new initiatives to tackle the growing menace of […]

MUMBAI: India’s largest information technology (IT) services company, Tata Consultancy Services (TCS), has received a notice from the Maharashtra government’s Ministry of Labour & Employment regarding the company’s delay in onboarding lateral recruits. The complaint was filed by the Pune-based IT employees’ union, Nascent Information Technology Employees Senate (NITES), in July 2023. While the exact […]

The post TCS Gets Notice From Maha Labour Ministry Over Lateral Onboarding Delay first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: A two-day meeting of senior officials of the World Trade Organisation (WTO) member countries which concluded in Geneva last Tuesday shaped agenda for the coming ministerial meeting of the world body, by narrowing down the differences over the key issues of agriculture, dispute settlement, e-commerce taxation, according to official sources. The direction and […]

The post Officials’ Meet Shape Agenda For Abu Dhabi WTO Ministerial first appeared on Latest India news, analysis and reports on IPA Newspack.

Temenos digital and core banking solution will enable the bank to provide innovative products faster to retail and corporate customers in Sudan and around the world GENEVA, SWITZERLAND – EQS Newswire – 26 October 2023 – Temenos (SIX: TEMN) (www.Temenos.com) today announced that Africa and Gulf Bank (AGB) (https://www.BankAGB.com/), one of the progressive banks in Sudan, has selected Temenos to modernize its digital and core banking capabilities. […]

Matein Khalid The horror story unfolding in China’s property developer stocks and shadow banking system is pure Lehman 100X whose contagion is now guaranteed to spread from the Dragon Empire on an intercontinental scale at the speed of light. Mr. Hui, once the richest Chinese alive after Li Ka-shing, is now in jail as Evergrande becomes the most spectacular property developer to fail in world history. Evergrande […]

Lerner and Rowe — in partnership with Clark County School District Police and C.T. Sewell Elementary School — will give away 750 FREE Thanksgiving meal packages filled with items to make a traditional holiday meal on Monday, November 13th at C.T. Sewell Elementary School. Las Vegas, NV, Nevada, United States – October 25, 2023 /MarketersMEDIA/ — At this FREE Las Vegas Valley drive-thru holiday event, Lerner and […]

NEW DELHI: The Centre’s “just-in-time” mechanism to release money for government agencies, including at the state level, has forced banks to rework their fund-raising strategy as they have lost out on low-cost current and savings account float.Worst hit are public sector banks such as State Bank of India, which have now activated the SME and […]

The post Banks Tap Business, Rework Plan To Raise Low-Cost Deposits first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: India and the United Kingdom are trying to find a middle ground to conclude a bilateral investment treaty along with a free trade agreement (FTA) by the end of this month, said people with knowledge of the matter. The prospects of a deal have brightened with the UK softening its stance on India’s […]

The post FTA Likely On Track As UK Warms To Investment Pact first appeared on Latest India news, analysis and reports on IPA Newspack.

Madhya Pradesh Congress chief Kamal Nath on Tuesday said if voted to power in the assembly elections, the Congress will revive the project to construct Sitamata temple in Sri Lanka even as he made a string of promises mostly concerning Hindu community. He also said the new government will be committed to the upliftment of […]

The post Nath promises series of soft Hindutva plans first appeared on Latest India news, analysis and reports on IPA Newspack.

The department of telecommunications (DoT) has given an additional two months’ time to telecom operators for complying with the new SIM card sale rules that were notified by the government in August, according to officials aware of the matter. The new rules that required telcos to register SIM card sellers and conduct their proper KYC […]

The post DoT Gives Telcos Time Till December 1 To Comply With New SIM Card Rules first appeared on Latest India news, analysis and reports on IPA Newspack.

India is “most likely” to adopt the Organisation of Economic Co-operation and Development’s (OECD) Pillar-One and Pillar-Two tax package and bring it into effect from April 2025, a government official said. “Once India implements the two-pillar tax package, it will have to withdraw the equalisation levy (EL), which earned the government a revenue of about […]

The post India To Replace “Google Tax” With OECD 2-Pillar Solution From FY26 first appeared on Latest India news, analysis and reports on IPA Newspack.

US Secretary of State Antony Blinken has drawn a parallel between the terrorist attacks by Lashkar-e-Taiba in Mumbai and Hamas in Israel, emphasising that all acts of terrorism are “unlawful and unjustifiable.” Speaking at the United States Security Council ministerial meeting regarding the situation in the Middle East, following the October 7 attack on Israel […]

The post Blinken compares Hamas to 26/11 terrorists first appeared on Latest India news, analysis and reports on IPA Newspack.

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