By Anjan Roy In the face of persistent inflationary pressures and tie in prices, the Reserve Bank of India has jacked up on Friday its basic policy rate —the repo rate— by 40 basis points to 5.4%. With this hike, the RBI policy rate now reaches what it was before the pandemic started. This is […]
The post RBI Should Insulate India From Global Fluctuations As It Did In 2008 first appeared on IPA Newspack.
By Dr. Gyan Pathak Since the COVID-19 pandemic struck the world, common people have been bearing the brunt of the once-in-a-generation cost-of-living crisis since the beginning of 2020. Hundreds of millions lost even access to food, energy, and finance, millions of them just perished, and millions somehow survived on assistance in cash or kinds from […]
The post High Food And Energy Prices Making Living Conditions Unbearable Globally first appeared on IPA Newspack.
HONG KONG SAR – Media OutReach – 4 August 2022 – On July 29, 2022, People’s Procuratorate of Shenzhen Municipality and the Qianhai Authority organized a ceremony for signing three cooperation agreements and grand opening of the Hong Kong Enterprise Compliance Development Service Centre (the Centre). The ceremony was officiated by Yu Xinxi, Deputy Party Secretary and Deputy Procurator-general of People’s Procuratorate of Shenzhen Municipality and Liang […]
HONG KONG SAR – Media OutReach – 4 August 2022 – In the face of an ever-changing economic environment, being well-prepared can help you stay ahead of the opportunities to achieve your goals. A savings plan with steady returns allows you to fuel your wealth with ease and empower more possibilities for yourself and your loved ones. Hong Kong Life announces the launch of Wealth Up Savings […]
SINGAPORE – Media OutReach – 3 August 2022 – APENFT Foundation announced that the second call of its $100 million Art Dream Fund would be launched on August 1, and registration would close on October 30. The theme “Post-Human Era” for this year’s call seeks to explore whether the future of humanity can transcend traditional human-centered humanism and how people should position themselves in a complex ecosystem […]
By Dr. Gyan Pathak The number of hours worked in the world fell in the first quarter of 2022 and remained 3.8 per cent below the level of the fourth quarter of 2019 – and that is equivalent to the loss of 112 million full-time jobs. The latest ILO estimate has maintained that this represented […]
The post Labour Market Condition To Deteriorate Further Globally first appeared on IPA Newspack.
LONDON, UK – Media OutReach – 2 August 2022 – ST Telemedia Global Data Centres (ST Telemedia) has reached an agreement for Macquarie Asset Management, via Macquarie European Infrastructure Fund 7, to acquire a significant minority stake in leading data centre provider VIRTUS Data Centres (VIRTUS). VIRTUS provides colocation and cloud connectivity services to blue-chip clients, including global technology companies and enterprise clients. Its portfolio comprises 11 […]
Starring Spackman Media Group artist Kim Sang-kyung, POONG, THE JOSEON PSYCHIATRIST took first place in audience ratings for its time slot based on Nielson Korea, an audience rating research company The tvN K-drama surpassed the premiere audience ratings of MY LIBERATION NOTES, which was the most popular K-drama in May in Korea Last April, Kim Sang-kyung headlined in AIR MURDER, co-produced by the Group’s indirect wholly-owned subsidiary […]
HONG KONG SAR – Media OutReach – 2 August 2022 – NOVATION, Hong Kong’s globally trusted leader in data security and automation, has announced the release of DataVio, its cloud-based solution for helping businesses automate the processing and extraction of valuable data from documents. The launch of DataVio is part of NOVATION’s push towards offering more digital products and private cloud solutions to clients, while building on […]
OctaFX is celebrating its 11th anniversary! Here’s what the broker achieved over the years and the core elements of the brand philosophy that helped it along the way. KUALA LUMPUR, MALAYSIA – Media OutReach – 2 August 2022 – The global broker OctaFX is bigger than ever before—all thanks to the support of its clients. Below are the main achievements OctaFX has managed to accomplish over the […]
By Nantoo Banerjee The Supreme Court verdict, last week (July 27), upholding the validity of inquiry, arrest and bail provisions of the Enforcement Directorate (ED) under the Prevention of Money Laundering Act (PMLA), could not have come at a more appropriate time when as many as 122 sitting and ex-legislators are facing money laundering cases […]
The post SC Verdict On PMLA And ED’s Power Comes At A Crucial Time first appeared on IPA Newspack.
By Arun Kumar Shrivastav Even though no immediate solution seems to be in sight for millions of hungry people, Sri Lanka is fast becoming a strategic flashpoint. Earlier, there were talks about different world powers playing their roles in giving Gotabaya Rajapaksa and Basil Rajapaksa a safe exit from Sri Lanka by getting their consensus […]
The post Sri Lankan President Vickremesinghe Is Powerless With Empty Coffers first appeared on IPA Newspack.
By Subrata Majumder RBI decision to permit rupee convertible in export and import is a precursor to make rupee an international currency. Although the convertibility is limited to current account, RBI’s decision demonstrates India’s readiness to move forward for full convertibility. Essence of rupee convertibility is a challenge to the global economy by India’s strong […]
The post RBI’s Latest Decision Prepares Ground For Full Convertibility Of Rupee first appeared on IPA Newspack.
Shiv Sena MP Sanjay Raut was arrested at midnight after over six hours of questioning in an alleged land scam case, news agency PTI reported. Raut, 60, alleged he was being targeted by the Centre to weaken Team Thackeray. Enforcement Directorate officials had searched Raut’s home for the most part of Sunday after he refused […]
The post ED arrests Sena’s Sanjay Raut after questioning, raids first appeared on IPA Newspack.
Combining features of life protection and wealth accumulation with flexi designation option to offer unique flexibility in legacy planning HONG KONG SAR – Media Outreach – 1 August 2022 – AXA Hong Kong and Macau (AXA) today announced the launch of its Max Wealth Insurance Plan (“Max Wealth”), which offers a market-leading guaranteed breakeven period as short as 5 years[2], and guaranteed cash value on the commencement […]
By Ashis Biswas In recent times, more Bangladeshi and Nepali migrant workers have died abroad than before. An increase in migrant mortality has been reported from countries as varied as the Middle East to Malaysia. Both the Nepal and Bangladesh governments are deeply perturbed by an ominous uptick in fatalities among their valued workers, whose […]
The post The Looming Crisis Of South Asian Migrant Worker Fatalities Abroad first appeared on IPA Newspack.
By Sarah Thanawala The Supreme Court’s judgment, in the case of Himanshu Kumar & Ors. versus State of Chhattisgarh &Ors., delivered on July 14 by a division bench comprising Justices A.M. Khanwilkar, who retired on Friday, and J.B. Pardiwala, has led to outrage. The bench dismissed the writ petition that alleged that the Chhattisgarh government […]
The post 2009 Massacre Of Tribals In Dantewada By Para Military Forces first appeared on IPA Newspack.
PHNOM PENH, CAMBODIA – Media OutReach – 28 July 2022 – For the second year in a row, social empowerment continues to be at the heart of Prince Foundation when it bags the Asia Responsible Enterprise Award (AREA) 2022 organized by Enterprise Asia, a non-governmental organization that recognizes entrepreneurship across the region. Students during Chen Zhi Scholarship’s Final Interview. Awarded in the Social Empowerment Category through its […]
By Sushil Kutty It’s a month since the Maha Vikas Aghadi government fell and Chief Minister Eknath Shinde and his Deputy Chief Minister Devendra Fadnavis took over replacing the Uddhav Thackeray alliance. They haven’t yet started governing Maharashtra in earnest as there is no ministry formation. The two appear to be enjoying the honeymoon while […]
The post Ministry Making In Maharashtra Is In Limbo As Fadnavis Tries To Corner Shinde first appeared on IPA Newspack.
By Devasis Chattopadhyay Globally, most business and tech media, both online and offline (read print), for the past few days are discussing the muted and declining revenue of the Facebook parent Meta Platforms in the face of growing competition from TikTok. When I look at both these organisations, I often wonder, is it time to […]
The post Bridging The Technology Paradox – Metaverse Versus Universe first appeared on IPA Newspack.
HKU Survey throws light on how to make sustainability and ESG more relatable to Hong Kong SMEs, enabling the sector to involve more and driving real impact HONG KONG SAR – Media OutReach – 28 July 2022 – ESG and sustainability issues alike have been moving up the corporate agenda in recent years. According to Google Search Trend, the keyword ‘ESG’ search popularity in Hong Kong has […]
SINGAPORE – Media OutReach – 29 July 2022 – BingX, the leading social trading exchange offering USDC options, has announced its expansion of operations into Germany. This follows the opening of its Lithuania office in April. Germany was the first country to adopt a blockchain strategy, paving the way for the advancement of blockchain technology, Web3, and metaverse applications in various sectors. This penetration and rapid growth […]
By Arun Kumar Shrivastav Myanmar’s military rulers on July 252 reported the execution of four pro-democracy activists — Phyo Zeya Thaw, Kyaw Min Yu, Hla Myo Aung, and Aung Thura Zaw. Ko Jimmy and Phyo Zeya Thaw were convicted under counter-terrorism laws in January while Hla Myo Aung and Aung Thura Zaw were convicted for […]
The post Indian Govt At Last Expresses Concern At Myanmar Junta Killings Of Activists first appeared on IPA Newspack.
HONG KONG SAR – Media OutReach – 29 July 2022 – Today, IX Asia Indexes Company Limited (“IX Asia Indexes”) announced the launch of its 6 new cryptocurrency indexes including ixCrypto 5 Square Root (“SR”) Index, ixCrypto 5 Equal Weight (“EW”) Index, ixCrypto 10 SR Index, ixCrypto 10 EW Index, ixCrypto Altcoin 10 SR Index and ixCrypto Altcoin 10 EW Index on 5 August 2022, as an […]
