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Union Finance Minister Nirmala Sitharaman on Saturday asked the states doling out freebies to check the fiscal strength of the state government and make budgetary provision accordingly. Days after the ‘rewaris’ jibe by Prime Minister Narendra Modi, apparently referring to the freebies given by some state governments, especially the Aam Aadmi Party dispensation in Delhi […]

The post Sitharaman refuses to identify which ones are freebies first appeared on IPA Newspack.

Partnering with Tuas Power Supply is the First Step in Materializing the Long-term Commitment into Singapore. There are more strategic partnerships in the pipeline this year. SINGAPORE – Media OutReach – 11 August 2022 – NEFIN Group (“NEFIN”), Asia’s leading green independent power producer (IPP), officially launched its brand-new APAC Headquarters in the heart of Singapore’s downtown precinct at MacDonald House in Dhoby Ghaut. Highly driven by […]

Ace investor Rakesh Jhunjhunwala died this morning at a Mumbai hospital. He was 62. Rakesh Jhunjhunwala was rushed to the Breach Candy Hospital at around 6.45 am after he suffered a cardiac arrest. He was declared dead on arrival by the hospital authorities. He was discharged from the same hospital a few weeks ago after being […]

The post Rakesh Jhunjhunwala, Indian Warren Buffett, dead first appeared on IPA Newspack.

  By K R Sudhaman   India takes over presidency of G-20 at a critical juncture when geo politics is at cross roads and global economy difficult and sagging. This is significant as it takes over leadership at a time when there is need to strengthen multilateralism and that India is ideally suited because of […]

The post India Takes Over G-20 Presidency On December 1 AT a Critical Time first appeared on IPA Newspack.

HONG KONG SAR – Media OutReach – 12 August 2022 – Schneider Electric, the leader in the digital transformation of energy management and automation, announced today the results of its sustainable impact program for the second quarter of 2022. Schneider’s Sustainability Impact (SSI) scored 4.17 out of ten, relative to its 4.70 year-end target. The SSI dashboard measures Schneider’s Environmental, Social and Governance (ESG) performance. It details […]

● The listing aims to accelerate the expansion and growth of its IoT business, raising a minimum gross proceeds of USD4 million (based on the issue price of at least USD4 per issue share) ● Its IoT-business arm, ARB IoT Group Limited (“AIGL”) would enable the Group to unlock the value of its investment in the IoT business and efficiently allocate resources for its next phase of […]

Significant growth, profitability and international expansion to underscore Appier’s focus in second half of 2022 Highlights and achievements for the second quarter of fiscal year 2022 Revenue increased to 4.4 billion yen with the highest YoY growth rate of 56% over the last three years Gross profit grew 57% YoY Revenue from the US and EMEA markets increased over 9 times YoY and represented 12% of total […]

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Tata Consultancy Services Partner with Jaguar to Amplify the Importance of Electrification through Famous E-Prix Race Circuits around the World SEOUL, SOUTH KOREA & SINGAPORE – Media OutReach – 12 August 2022 – Tata Consultancy Services (TCS) (BSE: 532540, NSE: TCS), title sponsor of Jaguar TCS Racing, announced that the team is coming to Seoul this weekend. Watch the team live in action as the 2022 Hana […]

By Prabhat Patnaik   The post-colonial state in India had two primary tasks before it: one was to overcome the hegemony of metropolitan capital, so that a development strategy in relative autonomy from imperialism could be pursued; the second was to attack landlordism both to free the agrarian population from its clutches, and to increase […]

The post Decoding Indian Economy’s Journey In The Last Seventy-Five Years first appeared on IPA Newspack.

Orders on hand increase to around €770 million Revenue increase by around 21 percent Full-year guidance for 2022 remains subject to change COLOGNE, GERMANY – EQS Newswire – 11 August 2022 – After a successful start to the year, DEUTZ – one of the world’s leading manufacturers of innovative drive systems for off-highway applications – continued to benefit from the sustained recovery in relevant downstream industries in […]

HONG KONG SAR – Media OutReach – 11 August 2022 – Apidays Hong Kong 2022, the biggest API-first virtual conference in Hong Kong, unveils the schedule & agenda today with the theme “API-First Digital Transformation & Platform Economy”. This event is proudly hosted by beNovelty Limited, a Hong Kong homegrown API company. More than 1000 attendees are expected to join the virtual event, being held on 24th […]

By Subrata Majumder   In 2020, Japan adopted two policies to strengthen supply chain resilience.  Big subsidy was provided to stimulate Japanese investors to diversify offshore investment and invest in domestic market for supply chain resilience. The main aim was to reduce overdependence on China. Focuses were made on Southeast Asian countries for offshore diversification. […]

The post India Is Now Preferred Destination To Japanese Companies For Investment first appeared on IPA Newspack.

Prudential Continues To Deliver Resilient Operational Performance Amidst Market Volatility HONG KONG SAR – Media OutReach – 10 August 2022 – Performance highlights for the continuing business1 on a constant (and actual) exchange rate basis2 APE sales3 up 9 per cent (6 per cent) to $2,213 million reflecting diversified geographic footprint, product mix and distribution channels New business profit4 fell by (5) per cent ((7) per cent) […]

By K R Sudhaman Finance Minister Nirmala Sitharaman is confident that Indian economy is in a comfort zone to weather the storm witnessed in the global economy, with some of the advanced economies heading towards recession. Winding up the debate on price rise in Rajya Sabha she quoted IMF and former Reserve Bank Governor Raghuram […]

The post Is Indian Economy As Strong As Claimed By FM Nirmala Sitharaman first appeared on IPA Newspack.

By P. Sreekumaran   THIRUVANTHAPURAM: The Seventh Governing Council meeting of Niti Ayog saw Kerala making a strong pitch for reviewing the decision to impose tax on essential items and co9ntinuing the GST compensation for the revenue loss to the States for five more years.   A clear-cut and forceful enunciation of Kerala’s stand was […]

The post Kerala Wants Tax On Essential Goods Withdrawn first appeared on IPA Newspack.

HONG KONG SAR – Media OutReach – 9 August 2022 – Following the summer holidays, the school year is just around the corner. The main challenge for university students at this time is to prepare for the big tuition fees. The 12-year free education in Hong Kong only covers the primary and secondary levels. After entering tertiary institutions, students have to pay their own tuition fees, which […]

  By Nantoo Banerjee   Why is it a matter of such a tearing hurry for Indian Railways that it has to rush to China to import 39,000 wheels while the same could have been locally produced? The Railways were well aware of the shortage of wheels for Linke Hofmann Busch (LHB) coaches for passenger […]

The post Chinese Exporters’ Dragon Grip Entangles India first appeared on IPA Newspack.

A surprising number of multinational corporations fail in their application for an offshore claim in Hong Kong, even when they have no personnel physically present in the jurisdiction HONG KONG SAR – Media OutReach – 8 August 2022 – Hong Kong is famous for its simple taxation system and low tax rate, and its territorial taxation concept has attracted many Mainland China enterprises and multinational corporations (MNCs) […]

  By Harihar Swarup   Is anything changing in Kashmir? The merchant selling bronze items in narrow streets of Lal Chowk was surprised by the question. He had no idea who I (this columnist) was. Seeing his discomfort, I introduced myself and asked him to speak freely. His reply was straight, “I have been coming […]

The post Some Semblance Of Normalcy Is Returning To Kashmir At Long Last first appeared on IPA Newspack.

  By James M Dorsey   When US intelligence asserted that Iran was selling hundreds of combat drones to Russia, it was signalling more than Iranian support for Vladimir Putin’s invasion of Ukraine.   Suggesting that Russia was not capable of serial producing its own drones, the intelligence served to question further Russian military capabilities, […]

The post Drones And Transport Capable Of Reshaping Eurasian Geopolitics first appeared on IPA Newspack.

The company will offer an exclusive workshop to promote awareness of DeFi security challenges in South Korea and beyond SEOUL, SOUTH KOREA – Media OutReach – 4 August 2022 – Sooho.io, the leading DeFi infrastructure service provider trusted by Fortune 500s, today announced that Jasper Lee, Audit Tech Lead, will offer a workshop on Smart Contract Bug Hunting for Fun & Profit, at Korea Blockchain Week 2022 […]

ShopBack will officially launch its platform in Hong Kong in response to the market’s immense potential Users in Hong Kong can anticipate exciting Cashback promotions and discounts to commemorate ShopBack’s entry and rebrand celebrations within the month of August The launch will be rolled out alongside the Group’s global rebranding efforts to better synergise various features across its platform HONG KONG SAR – Media OutReach – 4 […]

HONG KONG SAR – Media OutReach – 4 August 2022 – Equities First Holdings partnered with Nimsdai Purja MBE, professional mountaineer, in conquering the world’s tallest mountain range in a record-breaking fashion in May 2022. Nimsdai successfully completed his summit attempt and set two new world records in the process: summiting Everest, Lhotse and Kanchenjunga in eight days, 23 hours and 10 minutes without oxygen; and completing […]

  By Gyan Pathak   The Mahatma Gandhi National Rural Employment Guarantee Scheme, popularly known as MGNREGA scheme is systematically being sabotaged. It is being financially throttled by the Centre in many ways – by reducing budgetary provisions, not releasing funds in time, and resorting to political expediency by alleging the states for corruption in […]

The post National Rural Employment Guarantee Scheme Being Sabotaged first appeared on IPA Newspack.

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