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By Arun Kumar India’s per capita income, representing the average income of an Indian citizen, has risen from INR 79,000 in 2013–14 to INR 1,71,000 in 2022–23 — an increase of 116 percent. Therefore, some claim that incomes have more than doubled in India since the present ruling dispensation took office. The catch is that: […]

The post Indian Economy Is Showing Rising National Income With Decline In Social Welfare Of People first appeared on IPA Newspack.

By Prabhat Patnaik For a large part of the dirigiste period, the gross domestic product of the Indian economy grew at a rate of around 4 per cent per annum or less, which, though an improvement compared to the colonial era that had witnessed virtual stagnation, was not very impressive. This low steady growth over […]

The post Conditions Of Working People Will Be Worse Under ‘Hindu Rate Of Growth’ first appeared on IPA Newspack.

Bybit’s spot market volume for USDC grows by 1,437% Bybit becomes No.2 crypto exchange in MENA DUBAI, UNITED ARAB EMIRATES – Media OutReach – 17 March 2023 – Bybit reports a surge in volume for USDC pairs as the world’s third most visited crypto exchange ramps up efforts to meet market demands. Relying on trusted platforms to navigate the recent crypto and banking volatility, customers are turning […]

Building on their Fast-100 listing in Australian Financial Review 2022 SINGAPORE – Media OutReach – 17 March 2023 – On March 15th 2023, Adaptovate has been listed on the Financial Times and Statista High Growth Companies Asia Pacific list for 2023. Alex Rebkowski and Doug Ross ADAPTOVATE co-founders, senior partners and managing directors The 5th edition of the FT High-Growth Companies Asia-Pacific 2023 was released online on […]

By Prakash Karat Heralding a new offensive against the opposition by the Modi government, there has been a spate of activities by the central agencies – particularly, the Central Bureau of Investigation (CBI) and the Enforcement Directorate (ED). In the past two weeks, the CBI summoned for questioning Manish Sisodia, deputy chief minister of Delhi, […]

The post Central Agencies Have Been Reduced To Modi’s Anti-Opposition Weapons first appeared on IPA Newspack.

Backbase remains the preferred next-gen digital banking platform vendor for HDFC Bank MUMBAI, INDIA – Media OutReach – 16 March 2023 – HDFC Bank Ltd has appointed Backbase to deliver their vision for a market-leading digital banking experience in India. Backbase powers HDFC Bank’s next-gen retail banking, enabling a more seamless customer experience across digital touchpoints in response to changing consumer expectations and new regulatory requirements. HDFC […]

“. The Chief Minister of Maharashtra Eknath Shinde, Deputy Chief Minister Devendra Fadnavis are likely to meet the agitating farmers at 3pm today. The massive march is likely to continue towards Mumbai till the two meet the kisans. On Wednesday, there was a round of talks between the agitating Kisans and two minister, which according […]

The post Mega Kisan march nears Mumbai, meeting with CM today first appeared on IPA Newspack.

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BIG BET Season 2, starring Spackman Media Group artist Son Suk-ku, broke the record for the highest viewing ever in the first week of its release among all previous Disney+ Korean original content Season 2 of BIG BET surpassed the record established by BIG BET Season 1 as the top-rated Korean OTT series on IMDb among those released concurrently Son Suk-ku also secured the top spot in […]

KUALA LUMPUR, MALAYSIA – Media OutReach – 16 March 2023 – Kenanga Investors Berhad (“Kenanga Investors”) received five awards at the Refinitiv Lipper Fund Awards 2023 (“Awards”). The firm was recognized for its exceptional performance and was awarded best Mixed Assets – Malaysia Pension Funds Group for the fourth consecutive time From left to right: Felicia Tai, Head of Fixed Income & Credit, Investment, Kenanga Islamic Investors […]

By Anjan Roy One swallow does not make a summer, the old proverb goes. But even a single swallow can give some hopes for a return to better times. A softer trend in the wholesale prices, as revealed in the latest figures, had ignited demands for a softer stance in monetary policy of the Reserve […]

The post Blunt Tool Of Interest Rate Hikes: Case For A Relook first appeared on IPA Newspack.

By K Raveendran A question to ChatGPT whether a Silicon Valley Bank-type bank failure could happen in India produced a very reassuring answer. While noting that any bank, including SVB type bank, can fail due to various reasons such as mismanagement, fraud, economic turmoil, etc, ChatGPT believes the Reserve Bank of India (RBI) will ensure […]

The post ChatGPT Response To U.S. Bank Failures Discounts Impact On Indian Banks first appeared on IPA Newspack.

Matein Khalid There was no way Uncle Sam was going to allow a mass extinction event to destroy thousands of VC funded tech and life science startup to be wiped out due to the collapse of Silicon Valley Bank (SVB). The “flight to quality” trade, illustrated by a steep plunge in the yield of the 2 year US Treasury note from 5.07% last Wednesday to 4.35% is […]

By Ashis Biswas After a tense truce, the war of words between American liberal lobbyists and the Bangladeshi ruling establishment over the Nobel laureate economist Mohammad Yunus has returned in full fury. 50 Dhaka-based thinkers have strongly countered a recent statement issued in a leading American daily in favour of Dr. Yunus, calling it a […]

The post Decade-old US-Bangladesh Spat Over Dr. Yunus Warms Up Again first appeared on IPA Newspack.

The Data Centre is the first in Malaysia to be certified as a Titanium+ Tier facility by Green Climate Initiative (GCI), a testament to the Bank’s commitment to addressing climate change and the transition to a green, low carbon and climate-resilient economy KUALA LUMPUR, MALAYSIA – Media OutReach – 13 March 2023 – Hong Leong Bank’s (“HLB” or “the Bank”) new data center has received a Titanium+ […]

By Nantoo Banerjee The arrest of Delhi’s deputy chief minister Manish Sisodia last month by a federal agency, CBI, for alleged financial corruption connected with the change in the state’s liquor policy, has understandably upset a large section of opposition parties across the country. Last year, Delhi’s health minister Satyendra Jain was arrested by another […]

The post Political Opposition Faces Witch-Hunt From Parties In Power first appeared on IPA Newspack.

By Anjan Roy A prominent private bank in the United States — the country’s sixteenth largest— has failed and this can have significant impact on the Indian technology industry. Silicon Valley Bank —better known by its acronym SVB— has gone into liquidation. This was one of the 20 largest banks in the USA and its […]

The post Silicon Valley Bank Collapse Sends Chills Down Indian Tech Sector first appeared on IPA Newspack.

HONG KONG SAR – Media OutReach – 13 March 2023 – Goldwater International Limited is pleased to announce the launch of a one-stop wealth management service that includes technology adoption and flexible mandates. We manage the financial and non-financial assets of our valued customers by formulating personalized and reliable trust solutions, achieving comprehensive personal and family protection, retirement planning, and long-term asset arrangements Many high-net-worth individuals have […]

By Saifur Rahman A new airline, Riyadh Air, will soon take off to realise Saudi Arabia’s Vision 2030, it was announced by the Public Investment Fund, Saudi Arabia’s Sovereign Wealth Fund which is injecting US$100 billion in the Kingdom’s aviation and tourism industry that will help diversify the country’s economy and reduce its dependence on hydrocarbon. Riyadh Air will create a new passenger hub in the Kingdom’s […]

HONG KONG SAR – Media OutReach – 13 March 2023 – Voluntary Health Insurance Scheme (VHIS) policyholders are eligible to claim up to HK$8,000 for tax deduction. If we use a tax rate of 17% for calculation, the total tax deduction exceeds HK$1,300. However, many policyholders focus on saving the most tax, but neglecting the actual premium paid, and end up saving less money. VHIS Tax Deduction […]

HONG KONG SAR – Media OutReach – 13 March 2023 – Prudential plc (“Prudential”) today announced that Prudential’s shares, which trade on the Stock Exchange of Hong Kong, are now included in the Shanghai-Hong Kong Stock Connect programme. The expansion comes after Prudential’s inclusion in the Shenzhen-Hong Kong Stock Connect programme and the Hang Seng Composite Index last year. James Turner, Group Chief Financial Officer, Prudential said: […]

The U.S. dollar fell sharply on Monday as authorities stepped in to cap the fallout from the sudden collapse of Silicon Valley Bank, with investors hoping the Federal Reserve will take a less aggressive monetary path. The U.S. government announced several measures early on Monday Asian hours, and said all SVB customers will have access […]

The post Dollar sinks as US intervenes on SVB collapse first appeared on IPA Newspack.

By Dr. Gyan Pathak Rapid integration of Artificial Intelligence (AI) into both workplace and domestic settings poses serious challenges to women’s opportunities for work, their position, status and treatment in the workplace. A joint team comprising the Inter-American Development (IDB), the Organisation for Economic Co-operation and Development (OECD),and United Nations Educational, Scientific and Cultural Organisation […]

The post AI Integration Poses Serious Challenge To Women In Workforce first appeared on IPA Newspack.

By Mahalakshmi Pavani The activism of the Indian judiciary in terms of formal recognition of live-in relationships has opened a vista of allied freedoms for live-in partners. However, the reality of women in such relations remains grim. The right to love stems from the hackneyed fundamental rights to life and freedom of expression guaranteed under […]

The post Understanding Corporal Safety Of Women In Live-In Relationships first appeared on IPA Newspack.

CUHK Business School celebrates 60 years of founding as the first business school in Asia HONG KONG SAR – Media OutReach – 10 March 2023 – The Chinese University of Hong Kong (CUHK) Business School held a reception event on Thursday 9 March 2023, kicking off its 60th anniversary campaign to celebrate the impact it created in business education, forging the largest network of business school alumni […]

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