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UAE forecasts heavy showers across northern regions midweek // California electorate defeats proposed levy on billionaire wealth // OnePlus 16 India debut reconsidered amid launch discussions // Prudential announces title sponsorship of “Prudential Hong Kong Winter Wonderland in Tsim Sha Tsui”, lighting up Victoria Harbour this winter // Japan’s Nikkei advances as buyers return after sell-off // Iran displays school strike memorial at COP31 summit // North Korean hackers channel Binance funds through fake tokens // The MICHELIN Guide Thailand Celebrates Its Landmark 10th Edition with Record Numbers of Entries and MICHELIN-Starred Dining Venues // North Korean hackers widen drone and software attacks // Prudential announces title sponsorship of “Prudential Hong Kong Winter Wonderland in Tsim Sha Tsui”, lighting up Victoria Harbour this winter // COP31 leaders demand accelerated action as warming intensifies // Abu Dhabi unveils restored Porsche from royal motorcade // Canada seeks tariff easing following US election upheaval // Microsoft 365 Family cuts combined storage to 2TB // Google school AI search policy draws Senate challenge // Toyota Land Cruiser 2025 and 2026. What Each Trim Costs in the UAE // FAB takes full ownership of Bahrain fund administrator Yasira // Allianz Insurance Singapore Encourages Homeowners to Strengthen Their Home Protection as Residential Fires Continue to Rise // Flydubai Dammam cancellations persist as Etihad extends suspensions // Smart home choices widen as compatibility standards advance //

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By Arun Srivastava With Narendra Modi‘s archetypal Hindutva political edifice developing cracks and the party device finding it incapable to withstand the onslaught of Congress Party’s Bharat Jodo Yatra, the BJP top leaders have preferred to adopt a more virulent and belligerent posture against Rahul Gandhi. Adopting aggressive stance is the best mechanism for both […]

The post Bharat Jodo Yatra Has Imparted Tremors In Both BJP And RSS Leadership first appeared on IPA Newspack.

By K R Sudhaman India’s former chief economic adviser Arvind Subramaniam had flagged in his economic survey some years ago that India faced a major economic issue – twin balance sheet problem wherein Indian banks suffered huge debts as corporates, which had overleveraged banks were suffering huge losses resulting in defaults. This piquant situation occurred […]

The post Indian Public Sector Banks Have Used Pandemic To Improve Balance Sheets first appeared on IPA Newspack.

SINGAPORE – Media OutReach – 1 December 2022 – BingX, one of the leading crypto exchanges, took the lead and published its Proof-of-Reserve report verified by Mazars, a trusted third-party auditor, offering BingX’s customers additional transparency and reassurance that their cryptocurrency holdings are collateralized, with collateralization ratios of 132%, 122%, 186%, and 112% for BTC, ETH, USDC, and USDT respectively, exist on the blockchain and under the […]

SINGAPORE – Media OutReach – 1 December 2022 – ALR Technologies SG Ltd (“ALRT”) (OTCQB: ALRTF), the diabetes management company, today announced it has entered into a co-branded distribution agreement (the “Agreement”) with Covetrus, Inc. (“Covetrus”), a global leader in animal-health technology and services, for ALRT’s GluCurve Pet CGM, a continuous glucose monitoring (“CGM”) system for diabetic cats and dogs. The GluCurve Pet CGM is the first […]

By K Raveendran The price cap of $60 for Russian crude is coming into force full steam, with EU countries joining the G-7 and American punitive measure aimed at squeezing out Moscow’s financial resources so as to force it abandon the Ukraine war. A few countries, such as Poland, had initially refused to toe the […]

The post EU Price Cap Of $60 For Russian Oil Takes Hold, Advantage For India first appeared on IPA Newspack.

SINGAPORE – Media OutReach – 29 November 2022 – AntBot, a full-featured crypto automated trading system, has officially launched. After several rounds of internal testing, it pioneers the relative-value trading strategy and the first intelligent long-short position management system. Since cryptos entered the bear market, mainstream cryptos have fallen by more than 80%, but AntBot has achieved even a 30% annualized rate of return for users with […]

Bharatiya Mazdoor Sangh (BMS), the RSS-affiliated central trade union, has urged the Central government to restore the old pension scheme. The demand was made during Union Finance Minister Nirmala Sitharaman’s meeting with RSS leaders that took place between November 21 and November 29. The meeting was the part of the exercise in which the Finance […]

The post RSS seeks restoration of Old Pension Scheme first appeared on IPA Newspack.

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By Anjan Roy The latest set of figures on the fortunes of the  India’s  aggregate income, the  gross  domestic product or better known GDP, shows the Indian economy resilient and on course, despite some weaknesses. The latest GDP figures demonstrate the continuing successes, as well as failures of the Indian economy, its rigidities and flexibilities, […]

The post Indian Economy Has Resilience Despite Global Recessionary Trends first appeared on IPA Newspack.

By Arun Kumar Shrivastav The Reserve Bank of India (RBI) launched the central bank digital currency (CBDC), nicknamed e-rupee or digital rupee, for the retail segment on December 1. It released Rs 1.71 crore in e-rupee format to four participating banks to roll out its use. As of now four banks and four cities have […]

The post India’s Pilot E-Rupee For Retail Has Big Prospects In The Coming Years first appeared on IPA Newspack.

National political parties in India have received Rs 3,807.83 crore as contributions in excess of Rs 20,000 from individual donors and entities between the financial years 2017-18 and 2021-22, and have witnessed a jump of 65 per cent during this period, official Election Commission data analysed by News18 shows. Bharatiya Janata Party (BJP) is accountable […]

The post BJP got 80% of total electoral bond funds in 5 years first appeared on IPA Newspack.

By Saifur Rahman Investment Corporation of Dubai (ICD), the investment arm of Dubai Government, reported a 1000 percent growth in net profits exceeding Dh14.8 billion in the first half of 2022, on Dh121.1 billion revenues reported in the same period that saw its assets value exceeding Dh1.14 trillion by the end of the first half of this year that reflects the strong growth witnessed by major businesses […]

HCM CITY, VIETNAM – Media OutReach – 2 December 2022 – The HCM City Development Joint Stock Commercial Bank, or HDBank, is seeking shareholders’ approval to issue convertible bonds worth US$500 million to international investors. HDBank is also seeking approval to increase the foreign ownership limit from 18 per cent to 20 per cent. In 2020 and 2021 the lender has issued convertible bonds worth $325 million […]

By K R Sudhaman India’s economic growth might have dipped to 6.3 per cent in July-September quarter of this financial year but the good news is the slide is not going to be as pronounced in the whole year. The year 2022-23 may still end up with GDP growth of 6.5 to 7 per cent […]

The post India’s GDP Growth Has Slowed Down But Overall, The Trends Are Positive first appeared on IPA Newspack.

Arabian Post Staff In the face of the COVID-19 pandemic, a new Gulf consumer is emerging, one with shifting financial sentiments and spending habits, says a McKinsey report. According to its latest Middle East Consumer Sentiment Survey, UAE and Saudi Arabia shoppers are becoming more price sensitive. Twenty-seven percent of UAE respondents earning less than 7,000 dirhams ($1,905) a year reported a preference for trading down in […]

By K Raveendran Deductive logic has gone for a toss when it comes to forecasting international oil price behaviour. Defying all expectations of a spike, crude prices have hovered just about the same level as last year this time, which means the commodity is trading in the $70s range. This is quite a turnaround, given […]

The post Oil Price Behaviour Surprises With A Turnaround Despite Bullish Undertones first appeared on IPA Newspack.

By James M Dorsey Protest on the soccer pitch has proven to be a mixed blessing for World Cup host Qatar, exposing double standards in the Gulf state’s position as well as that of its critics. Qatar embraced protest when it supported Qatari policies, such as the Gulf state’s increasingly assertive denunciation of double standards […]

The post Protests Emerge As Mixed Blessing For World Cup Host Qatar first appeared on IPA Newspack.

SINGAPORE – Media OutReach – 29 November 2022 – AntBot, a full-featured crypto automated trading system, has officially launched. After several rounds of internal testing, it pioneers the relative-value trading strategy and the first intelligent long-short position management system. Since cryptos entered the bear market, mainstream cryptos have fallen by more than 80%, but AntBot has achieved even a 30% annualized rate of return for users with […]

The Good, The Bad and The Ugly in ESG Reporting FRANKFURT, GERMANY – EQS Newswire – 30 November 2022 – In a new report released today, the Global ESG Monitor (GEM) shines a light on the Environmental, Social and Governance reporting of 350 important corporations worldwide. The GEM is the world leader in analyzing the transparency of ESG reporting and publishes a major report annually which analyzes […]

A court here has pulled up Delhi Police for not being able to justify how eight people, arrested in a case against the Popular Front Of India, carried out unlawful activities since they were in custody when the offences were claimed to have been committed. Granting bail to the accused on November 28, Additional Sessions […]

The post Delhi court grants bail to 8 accused PFI members first appeared on IPA Newspack.

By Dr. Gyan Pathak The conclusion of India’s pre-budget consultations on November 28, 2022 have left the Union Ministry of Finance in such a worried state of mind that it lost its temper on the demand and boycott by the joint forum of 10 Central Trade Unions. A government official of the Ministry of Finance […]

The post Pre-Budget Consultations Make Finance Ministry Officials No Wiser first appeared on IPA Newspack.

By Arun Srivastava Last week Jharkhand Chief Minister Hemant Soren got a relief from the Supreme Court with it setting aside a high court order upholding the maintainability of a public interest litigation (PIL) for a probe against the chief minister in a mining lease case but Hemant is not content with this gain instead […]

The post Jharkhand Chief Minister Is Ready To Take The BJP Leadership Head On first appeared on IPA Newspack.

By Nantoo Banerjee India may rank lowly at 104th position on the Federation Internationale de Football Association (FIFA) men’s table, dropped from 94th in 1996, its enthusiasm over the game is probably among the highest in the world. Over 300 million Indians, numbering close to the entire population of the United States, are watching on […]

The post India Must Spend Big On Sports To Build Global Reputation first appeared on IPA Newspack.

Matein Khalid Don’t fight the Fed is a Wall Street cliché that makes total strategic and tactical sense as America heads for Turkey/cranberry sauce this Thanksgiving. While the S&P index is up 12% since its October low on euphoria over a CPI dip, hopes (misplaced) of a Fed pivot, a fall in the 10 year US note yield to 3.77% and a 4% drop in King Dollar. […]

By Saifur Rahman Abu Dhabi economy recorded 11.6 percent growth in the first half of 2022, compared to the corresponding period in 2021, according to a statement issued by the Statistics Centre – Abu Dhabi (SCAD), making it the fastest-growing economy in the world this year, as per available information. At the end of the first half of 2022, the real Gross Domestic Product (GDP) at constant prices exceeded […]

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Just in:
FinCEN identifies $8 billion in suspect overseas payments // The MICHELIN Guide Thailand Celebrates Its Landmark 10th Edition with Record Numbers of Entries and MICHELIN-Starred Dining Venues // Abu Dhabi unveils restored Porsche from royal motorcade // Toyota Land Cruiser 2025 and 2026. What Each Trim Costs in the UAE // OnePlus 16 India debut reconsidered amid launch discussions // North Korean hackers channel Binance funds through fake tokens // US relocates tankers from second British base amid threats // Prudential announces title sponsorship of “Prudential Hong Kong Winter Wonderland in Tsim Sha Tsui”, lighting up Victoria Harbour this winter // Allianz Insurance Singapore Encourages Homeowners to Strengthen Their Home Protection as Residential Fires Continue to Rise // Iran displays school strike memorial at COP31 summit // Google school AI search policy draws Senate challenge // Thai Airways discloses 60,529 records exposed through Amadeus // ADNOC Gas quarterly profit doubles to $1.34 billion // North Korean hackers widen drone and software attacks // France identifies Iranian Guards as supermarket hacking suspects // Dubai approves airport Metro link for 2031 opening // Flydubai Dammam cancellations persist as Etihad extends suspensions // Canada seeks tariff easing following US election upheaval // GCC defence ministers discuss military coordination amid Iran conflict // COP31 leaders demand accelerated action as warming intensifies //