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NEW DELHI: The Tata group and European aerospace company Airbus have signed an agreement to manufacture H125 civilian helicopters together in India. This announcement came as India and France adopted a joint defence production road map and an agreement on defence space partnership, following talks between Prime Minister Narendra Modi and French President Emmanuel Macron. […]

The post India, France Adopt Joint Defence Production Road Map first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: The government has halved the amount of equity infusion in state-owned fuel retailers to Rs 15,000 crore for supporting their investments in energy transition projects, the finance ministry has said. Finance Minister Nirmala Sitharaman had on February 1 last year while presenting the annual Budget for 2023-24 fiscal (April 2023 to March 2024) […]

The post Govt Halves Budget Support To Oil Firms, Defers Filling Strategic Reserves first appeared on Latest India news, analysis and reports on IPA Newspack.

By Prabhat Patnaik The unemployment situation is worse today than it has ever been in post-independence India. There are two distinct elements that have contributed to this situation. One is the fact that the output recovery from the fall caused by the pandemic-linked lockdown has not been accompanied by a comparable employment recovery. In fact, […]

The post Introduction Of Universal Employment Guarantee Scheme Is Need Of The Hour first appeared on Latest India news, analysis and reports on IPA Newspack.

For months, Bihar Chief Minister Nitish Kumar had aimed to become the face of the INDIA bloc as its convener. But it is the dilly-dallying by the Congress over the same and a perceived ‘insult’ of Kumar at the last INDIA meeting that may have proved to be the proverbial last straw for him to […]

The post Nitish Kumar’s 4th political ‘palti’ in 10 years first appeared on Latest India news, analysis and reports on IPA Newspack.

By Sushil Kutty The Indian National Developmental Inclusive Alliance (INDIA) to defeat the BJP has run into choppy seas, losing its cohesive hold and threatening to return to the previously splintered status of the Opposition. Cracks have developed and the INDIA bloc cannot agree on seat-sharing formulas. Common enemy BJP is gung ho watching INDIA […]

The post INDIA Bloc Must Convene An Emergency Meeting To Sort Out Differences first appeared on Latest India news, analysis and reports on IPA Newspack.

By Dr. Gyan Pathak Trinamool Congress leader Mamata Banerjee’s outbursts against the Congress as ‘discourteous’ and her declaration that her party would go solo in the forthcoming Lok Sabha Election 2024 is being blown out of proportion, to emphasize that INDIA bloc is entirely in disarray, and it would help PM Narendra Modi and his […]

The post Congress-TMC Seat Sharing Differences Can Still Be Sorted Out Before Polls first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: Industry bodies have sought continued thrust on capital expenditure (capex) in their proposals to the Finance Ministry for the upcoming interim budget to be presented by Finance Minister Nirmala Sitharaman on February 1. The Confederation of Indian Industry (CII) has asked for an increase in capex by at least 20 per cent to […]

The post Industry Bodies Seek Thrust On Capex To Continue In Interim Budget first appeared on Latest India news, analysis and reports on IPA Newspack.

MUMBAI: Deficit liquidity in the banking system surged to an all-time high this week, topping the ₹3 lakh crore mark, as tax outflows, currency leakages and a slow pace of government spending led to a cash crunch with lenders, pushing up borrowing costs across the economy. As of January 23, the liquidity deficit measured by […]

The post Liquidity Deficit At Highest-Ever, Tops Rs 3 Lakh Crore After Eight Years first appeared on Latest India news, analysis and reports on IPA Newspack.

MUMBAI: Equity investors became poorer by Rs 8.50 lakh crore on Tuesday as markets came under a bear attack, with the benchmark Sensex falling almost 1,053.10 points. Equity benchmark index Sensex tumbled 1,053 points to close below the 71,000 level on Tuesday, dragged down by index heavyweights HDFC Bank, Reliance Industries and SBI amid mixed […]

The post Investors Wealth Erodes By Rs 8.50 Lakh Crore As Markets Tumble first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: The government may go slow on sale of any extra stake in Life Insurance Corporation (LIC) and wait for investors who participated in the state-run insurer’s initial public offer (IPO) to book a decent capital appreciation. It feels that an appropriately timed follow-on offer is crucial for keeping investor interests in the stock […]

The post No Fresh Stake Sale In LIC In Near Future; Eyeing Larger Investor Pool first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: The share of direct taxes in gross domestic product (GDP) rose to a 15-year high of 6.11 per cent during 2022-23 (FY23), but their buoyancy fell to 1.18 from 2.52 in the previous year, according to official data released on Tuesday. This means that while the tax-to-GDP ratio registered a record high during […]

The post Tax-GDP Ratio Rises To 15-Year High Of 6.11% During FY23, Shows Data first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: The vision to make India a developed nation by 2047 includes a major shift towards electric vehicles, supported by tax incentives, production linked incentive schemes, and the mandatory provision of charging infrastructure, a top government official said on Monday. Secretary in the Department for Promotion of Industry and Internal Trade (DPIIT) Rajesh Kumar […]

The post EVs Adoption To Play Major Role In India’s Transition To Low Carbon Economy: DPIIT Secretary first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: Real rural wages contracted in 21 of the 23 months to October 2023, signalling that consumer demand in the hinterland remains weak. Although rural inflation has tapered off in the 14 months till October 2023 from the high of 7.9% in September 2022, the lot of rural workers has not improved much. While […]

The post Rural Wages Still To Recover Concerns Over Consumption Demand first appeared on Latest India news, analysis and reports on IPA Newspack.

By Arun Srivastava Consecration of Ram temple on January 22 in Ayodhya has thrown open multiple questions in the public domain. Question such as who has the patent right for Ram, is it the RSS chief Mohan Bhagwat or Prime Minister Narendra Modi, and whether it’s the only one person and none else, RSS’s mandir-man […]

The post RSS And Modi Have Now Encashed Their Last Trump Card, Ram Temple first appeared on Latest India news, analysis and reports on IPA Newspack.

By Tirthankar Mitra Democratic governance, backed by popular mandate is the sole path towards political stability, rule of law and much needed reforms. It is a contention none has any quarrel with. Imran Khan, who led Pakistan to a victory in World Cup cricket final in 1992, founded a new party in Pakistan and became […]

The post Imran Khan Is At War With Pakistan Election Commission, Army, US Agency first appeared on Latest India news, analysis and reports on IPA Newspack.

Minutes before the ‘pran pratishtha’ in Ayodhya, a group of Dalits blocked BJP MP Pratap Simha from entering Gujjegoudanapura village in Karnataka’s Mysuru from where the ‘Krishna shila’, or black stone, used to carve the idol was sourced. The MP had no choice but to return without attending the special ‘bhoomipujan’ held to coincide with […]

The post Dalits stop BJP MP at source of ‘Krishna shila’ for Ram idol first appeared on Latest India news, analysis and reports on IPA Newspack.

Aam Aadmi Party on Monday said it held havan programmes across Uttar Pradesh to mark the consecration of Ram Lalla’s idol at the temple in Ayodhya. AAP’s state chief Sabhajit Singh participated in an event in Noida and performed havan along with local leaders and workers. “Singh said that we all have immense faith in […]

The post AAP holds havan across UP to mark Ayodhya consecration first appeared on Latest India news, analysis and reports on IPA Newspack.

By Nantoo Banerjee India’s External Affairs Minister Subrahmanyam Jaishankar may disagree, but the country has failed to use its import trade muscle to improve its diplomatic relations with China. His recent statement on Sino-India relations at a gathering in Nagpur earlier this month that “a strife-torn border and good business can’t go together” lacks clarity […]

The post China Continues To Pose A Challenge To India’s Security And Economy first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: The country’s exports of goods and services rose marginally by 0.4 per cent to USD 765.6 billion in 2023 despite global economic uncertainties, according to the commerce ministry data. Sectors which helped keep India’s exports afloat include electronics, pharmaceuticals, cotton yarn, fabrics and made-ups; ceramic products, meat, dairy and poultry products, fruits and […]

The post India’s Goods & Services Exports Rise By .4 Per Cent first appeared on Latest India news, analysis and reports on IPA Newspack.

DAVOS: Indian industry on Sunday lauded the government for establishing the ‘Alliance for Global Good- Gender Equity and Equality’ announced on the sidelines of the World Economic Forum annual meeting 2024 here. The idea of this alliance emerged from the G20 Leaders’ Declaration and India’s abiding commitment to the cause of women-led development as propounded […]

The post India Inc Lauds Launch Of Gender Equity Alliance At WEF first appeared on Latest India news, analysis and reports on IPA Newspack.