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UN Secretary General chooses Omar Al Olama to membership of the High-Level Advisory Body on Artificial Intelligence

UAE President receives World Bank Group President

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

Masdar signs 1GW solar, wind projects in Azerbaijan

Arabian Post Staff Abu Dhabi Future Energy Company  Masdar has signed agreements for solar and onshore wind projects with a total capacity of 1 gigawatt (GW) in Azerbaijan, following the inauguration of the region’s largest operational solar plant, the 230MW Garadagh Solar Park. The strategic agreements cover the progression of the first phase of a 10GW pipeline of renewable energy projects in Azerbaijan signed in June 2022. […]

Centre Approves Rs 22,303 Crore Subsidy On P&K Fertilizers For Rabi Season

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.

US Withdraws Proposal On Digital Trade At WTO

NEW DELHI: In a leg-up for India’s consistent stand against global rules on e-commerce, the US has decided to withdraw its proposal on digital trade at the WTO to retain the policy space for regulating big-tech firms. The US proposal on e-commerce rules, withdrawn at the WTO’s Joint Statement Initiative (JSI) on e-commerce on Wednesday, […]

The post US Withdraws Proposal On Digital Trade At WTO first appeared on Latest India news, analysis and reports on IPA Newspack.

NITI Aayog To Develop Action Plan To Bridge Trade Deficit With China

NEW DELHI: Government think tank NITI Aayog has initiated a study to develop a comprehensive action plan to bridge India’s trade deficit with China over time and align trading strategies with emerging geopolitical situation and potential risks to safeguard supply chains. The Aayog has invited bids from consultants to lead the two studies in areas […]

The post NITI Aayog To Develop Action Plan To Bridge Trade Deficit With China first appeared on Latest India news, analysis and reports on IPA Newspack.

Renault Lines Up € 3 Billion Investment, 8 New Models To Expand Global Reach

CHENNAI: French automotive major Renault announced on Wednesday that it has lined up an investment of approximately €3 billion ($3.2 billion) for expansion, as part of its International Game Plan for 2027. This initiative encompasses regions beyond Europe, including India. According to the road map, by 2027, one in every three Renault cars sold outside […]

The post Renault Lines Up € 3 Billion Investment, 8 New Models To Expand Global Reach first appeared on Latest India news, analysis and reports on IPA Newspack.

Officials’ Meet Shape Agenda For Abu Dhabi WTO Ministerial

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.

Govt Takes A Hard Look At Divestment Calendar

NEW DELHI: The finance ministry is reviewing its disinvestment schedule following the recent stock market selloff amid high volatility triggered by global factors, said people aware of the details. The ministry is likely to adopt a “prudent selloff” approach now, one official told ET, adding there won’t be “divestment for the sake of divestment anymore” […]

The post Govt Takes A Hard Look At Divestment Calendar first appeared on Latest India news, analysis and reports on IPA Newspack.

The Mills Fabrica Hosts H&M Foundation’s Impact Accelerator Program in Hong Kong

Connecting winners of the 2023 H&M Foundation’s Global Change Award to Asia – a strategic hub of the global fashion industry HONG KONG SAR – Media OutReach – 26 October 2023 – The Mills Fabrica, core partner of the H&M Foundation Global Change Award (GCA), hosted the 2023 award winners during “Hong Kong Week”. As part of the GCA Impact Accelerator program, winners embark on week-long activities […]

Africa and Gulf Bank Selects Temenos to Deliver Digital Transformation on the Cloud

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. […]

UAE President receives participants of ISA Ministerial Meeting, Interpol Strategic Dialogue

ABU DHABI, 25th October, 2023 (WAM) — President His Highness Sheikh Mohamed bin Zayed Al Nahyan to

Cultural sustainability: Dubai’s key to connecting future generations to their heritage

DUBAI, 25th October, 2023 (WAM) –The Emirate of Dubai has, for decades, demonstrated a profound de

UAE raises its rule of law score despite the world faring poorly

K Raveendran The United Arab Emirates is among the few countries in the world to see the Rule of Law Index score increase this year.  The UAE achievement is all the more remarkable as a majority of countries have seen rule of law being eroded this year.  The UAE ranks 37th out of 142 countries worldwide and 36th out of 46 among the high income countries in […]

Exchange partners with blockchain security provider

CoinEx, a global cryptocurrency exchange serving over 5 million users worldwide, announced a new strategic alliance with blockchain security provider SlowMist to strengthen the platform’s security infrastructure and protections. This collaboration builds on CoinEx’s ethos of prioritizing security and user interests while enabling hassle-free crypto trading since its inception in 2017. By integrating SlowMist’s capabilities and expertise in blockchain threat intelligence with CoinEx’s crypto trading platform, this […]

China property stocks horror story

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 […]

Himalaya sets up AED200m Dubai plant

Arabian Post Staff Himalaya Wellness has broken ground for its upcoming state-of-the-art herbal pharmaceutical factory that will produce tablets, capsules, liquid orals, and ointments at Dubai Industrial City. Phase one of the factory will be delivered across a built-up area of 225,000 sq. ft. Worth $54.4 million (AED 200 million), the plant will have an annual production capacity of 3 billion tablets, 15 million syrup bottles, and […]

India, Saudi Arabia Discuss Ways To Increase Bilateral Investments

NEW DELHI: Commerce and Industry Minister Piyush Goyal on Tuesday met Saudi Arabia’s Minister of Investment Khalid A Al-Falih, and discussed ways to boost bilateral investments between the two countries in different sectors. Goyal, who is on a two-day visit to Riyadh, also participated in the seventh edition of the Future Investment Initiative (FII) in […]

The post India, Saudi Arabia Discuss Ways To Increase Bilateral Investments first appeared on Latest India news, analysis and reports on IPA Newspack.

India Set To Be World’s Third-Largest Economy By 2030, Says S&P Global

NEW DELHI: India will become the world’s third-largest economy, overtaking Germany and Japan, by 2030 on the strength of its youthful demographic profile and rapidly rising urban household incomes, S&P Global Market Intelligence has projected. Now India is in fifth position. That will result in India becoming the second-largest economy in the Asia-Pacific region, after […]

The post India Set To Be World’s Third-Largest Economy By 2030, Says S&P Global first appeared on Latest India news, analysis and reports on IPA Newspack.

RSS Supremo Blames Foreign Forces For Manipur Violence

By Arun Srivastava RSS chief Mohan Bhagwat does not enjoy the dubious reputation of speaking lies. But on Dussehra, in his annual sermon, when he tried to dig out the ghost of the “foreign powers” for putting the blame for the unabated six-month-long violence in Manipur, one could not hide the shock at Bhagwat not […]

The post RSS Supremo Blames Foreign Forces For Manipur Violence first appeared on Latest India news, analysis and reports on IPA Newspack.

CJI Takes Reservation Debate To New Level With Call For Empowerment

By K Raveendran Chief Justice of India D Y Chandrachud has added a new dimension to the current debate on caste-based reservation by stressing the need to advance from the accommodative aspect of the reservation policy as it is practised today to one where reservation would be a tool for empowerment. Justice Chandrachud did not […]

The post CJI Takes Reservation Debate To New Level With Call For Empowerment first appeared on Latest India news, analysis and reports on IPA Newspack.

India’s Manufacturing Sector Surges With 36% Rise In Jobs: Report

NEW DELHI: India’s commitment to become a major global manufacturing hub is reinforced as the sector witnesses a 36% increase in job postings, as unveiled by Indeed, a global matching and hiring platform. Recent data by Indeed also indicated that production/manufacturing continues to remain one of the most hired functional areas in the past year. […]

The post India’s Manufacturing Sector Surges With 36% Rise In Jobs: Report first appeared on Latest India news, analysis and reports on IPA Newspack.

India To Replace “Google Tax” With OECD 2-Pillar Solution From FY26

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.

Mobile Data Revenue Likely To Grow Over 8% CAGR From 2022-27: GlobalData

Mobile data service revenue is expected to grow at CAGR 8.1% over 2022-2027, even as mobile voice revenue drops on the back of users increasingly shifting to over-the-top (OTT) communications platforms, data and analytics firm GlobalData said in its India Telecom Operators Country Intelligence Report Tuesday. The total telecom and pay-TV services revenue in India […]

The post Mobile Data Revenue Likely To Grow Over 8% CAGR From 2022-27: GlobalData first appeared on Latest India news, analysis and reports on IPA Newspack.