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NEW DELHI: Hospitality and travel sector players on Tuesday demanded infrastructure status for the hotel industry besides measures such as tax exemption on LTA annually to boost domestic tourism ahead of the Union Budget. They also recommended removal of the current TDS levied on automated bookings for internal or closed user groups such as business […]

The post Hospitality, Travel Sector Players Want Infrastructure Status For Hotel Industry first appeared on Latest India news, analysis and reports on IPA Newspack.

By Sushil Kutty US Presidential hopeful Nikki Haley’s third place finish in Iowa means she should be out of the race. But the Indian-origin Republican’s Democrat voters are not ready for her to call it quits, as yet. Her dollar-donors also have skin in the game. Nikki Haley spent more dollars per vote than Ron […]

The post Is Nikki Haley A Favourite Of Leftwing Democrats To Defeat Trump? first appeared on Latest India news, analysis and reports on IPA Newspack.

Congress leader Rahul Gandhi expressed confidence on Tuesday that the seat-sharing issues among the INDIA bloc partners will be resolved and claimed that the coalition will defeat the BJP in this year’s Lok Sabha polls. He also said there is mutual respect and affection between the leaders of the INDIA bloc, which he asserted is […]

The post Rahul says INDIA seat sharing issues will be resolved first appeared on Latest India news, analysis and reports on IPA Newspack.

Public sector banks are rushing to issue bonds in the coming weeks, capitalising on lower government bond yields that have made borrowing cheaper while tight liquidity and robust credit growth are spurring lenders’ demand for funds to meet loan needs. State Bank of India is set to kick off domestic bond issuances for 2024 with […]

The post SBI, BoB Among PSBs Pushing Bond Issues first appeared on Latest India news, analysis and reports on IPA Newspack.

DAVOS: India has been ranked 35th on a global index of countries best placed for leveraging future possibilities while the UK topped the list released here on Monday. The Future Possibilities Index (FPI), a flagship global future trends study released by Newsweek Vantage and Horizon Group on sidelines of the World Economic Forum Annual Meeting, […]

The post India Ranked 35th For Leveraging Future Possibilities; UK On Top first appeared on Latest India news, analysis and reports on IPA Newspack.

By Dr. Gyan Pathak India is facing rising industrial concentration in just five hands, and is enriching billionaires, private equity funds, and crony capitalists driving unprecedented level of inequalities and poverty among people. Dalits are facing high and unaffordable out-of-pocket fees in the private healthcare sector, financial exclusion in the private healthcare sector, and overt […]

The post India Faces Rising Industrial Concentration In Just Five Hands: Oxfam first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: The exports of computer software and services, including IT enabled services and BPO, logged 12.2 per cent growth during 2022-23 to touch $193 billion, according to estimates by Electronics and Computer Software Export Promotion Council (ESC). The IT software/services chunk accounted for the bulk of this at $126 billion, followed by BPO services […]

The post IT, ITeS, BPO Exports Grew Over 12% In FY23: ESC first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: India’s trade deficit in December narrowed to a three-month low of $19.8 billion amid an import slowdown due to falling commodity prices. Merchandise exports during the month grew 0.97 per cent over a year earlier to $38.45 billion, contrary to the trend of a slowdown so far this financial year, showed data released […]

The post Trade Deficit Falls To Three-Month Low Of $19.8 Billion In December first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: The government will take a decision after September on the existing import management system on certain IT hardware products such as laptops and tablets after evaluating the import data, which it is monitoring, an official said. In October last year, India put in place an import management system under which importers of these […]

The post Post September Decision On Import Management System For Laptops, Tablets After Evaluating Data first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: The government has clarified that there are no import restrictions on certain IT hardware products such as desktop computers. In a circular to customs authorities and industry, the commerce ministry arm Directorate General of Foreign Trade (DGFT) has said only the import of laptops, tablets, all-in-one personal computers, ultra small form factor computers […]

The post No Import Restrictions On Certain IT Products: DGFT first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: Hit by two anti-subsidy actions in the US and the European Union, government is looking to revamp the system for Remission of Duties and Taxes on Exported Products (RoDTEP), attempting to build a verification system for the refunds. The two cases are seen to be due to the fault of the exporter, who […]

The post Government Looks At More Secure New Duty Refund Plan For Exporters first appeared on Latest India news, analysis and reports on IPA Newspack.

By Nantoo Banerjee The new year’s best news for India, is that the Saudi Arabia-led Organisation of Petroleum Exporting Countries (OPEC) is fast losing its grip on the market with a number of countries willing to offer prices even lower than those fixed for Russian crude. Saudi Arabia itself has cut down crude oil prices […]

The post Lower Global Oil Demand And Price Will Benefit India In 2024 first appeared on Latest India news, analysis and reports on IPA Newspack.

By Arun Srivastava In October last year at the Group of 20 summit in New Delhi, Narendra Modi had projected India under his rule as a rising diplomatic powerhouse and elicited sycophantic commentary on its growing confidence. While boasting of his image of a ‘Vishwa Guru’, Modi often ignores the bare fact that goodwill cannot […]

The post Maldives Crisis Exposes India’s Lack Of Diplomatic Wisdom, Wider Vision first appeared on Latest India news, analysis and reports on IPA Newspack.

MUMBAI: The Reserve Bank of India’s (RBI) monetary policy action may be credited for reducing core Consumer Price Index (CPI) inflation in the recent months, but a sub-4% core print also denotes weak demand conditions in the country at an aggregate level, say economists. Curiously, this is also a bit at odds with the RBI’s […]

The post Sub-4 Per Cent Core Inflation Betrays Weak Demand Conditions first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: Electronics exports from India to the US jumped over two-fold year-on-year to USD 6.6 billion during January-September 2023, industry body ICEA has said. India Cellular and Electronics Association Chairman Pankaj Mahindroo told PTI that this is an all-time high electronics export from India, while the share of electronics imported from China into the […]

The post India Electronics Exports To Us Jump Two-Fold To $6.6 Billion In January-September 2023 first appeared on Latest India news, analysis and reports on IPA Newspack.

Milind Deora formally joined the Maharashtra Chief Minister Eknath Shinde-led Shiv Sena on Sunday, hours after he quit the Congress. His ‘Paksh Pravesh’ took place at the Chief Minister’s official residence– Versha– in the presence of Shinde and other senior party leaders. After resigning from Congress’s primary membership, Deora said he was going on the […]

The post Milind joins Shinde Shiv Sena within hours of quitting Cong first appeared on Latest India news, analysis and reports on IPA Newspack.

By Arun Kumar Shrivastav A lot has happened over Prime Minister Narendra Modi’s blissful walk on the sandy pristine beach of one of India’s least explored tourism destinations – Lakshadweep. Living among 1.40 billion people has its share of joys and perils. One of the most irritating problems that most Indians face is the lack […]

The post India Govt Should Deal With Maldives With Caution And Perspective first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: The Council for Leather Exports (CLE) has asked the government to provide fiscal incentives in the Budget such as the PLI scheme and reinstatement of import duty exemption on certain goods to boost manufacturing and exports. The council has also suggested the government to consider permitting the export of all value-added leathers, including […]

The post Leather Exporters Seek Fiscal Incentives In Budget first appeared on Latest India news, analysis and reports on IPA Newspack.

Leaders of INDIA bloc parties the Congress and AAP held a meeting on Friday to discuss seat sharing in Delhi, Punjab and other states for the upcoming Lok Sabha polls, with both sides saying the talks were progressing well. The meeting at Congress leader Mukul Wasnik’s residence on Friday evening went on for nearly two […]

The post AAP, Cong leaders discuss seat sharing for Lok Sabha polls first appeared on Latest India news, analysis and reports on IPA Newspack.

By K Raveendran Shipping rates have already gone up by more than three times in a week after the January 9 attack by Houthis on the Red Sea. But supply chain professionals are warning that the rates are going to further shoot up in the coming weeks. This is bad news for India’s export-import trade, […]

The post No Relief For Export-Import Trade As Shipping Costs Expected To Further Shoot Up first appeared on Latest India news, analysis and reports on IPA Newspack.

By Girish Linganna The serial production of Russia’s new glide cluster bomb, Drel, is expected to commence before the year’s end. In light of this, it’s important to understand the characteristics of the Drel and assess whether it will be utilized in Russia’s ongoing special military operation. In Ukraine or in future elsewhere. Rostec, Russia’s […]

The post Russia’s Powerful Cluster Bomb Drel May Be In Military Operations Soon first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: India is expected to clock a GDP growth in the range of 6.9-7.2 per cent in the current financial year on the back of improving economic fundamentals, Deloitte India said in an update to its quarterly outlook. As per the first advance estimates of national income released by the National Statistical Office (NSO), […]

The post India Likely To Register 6.9-7.2% GDP Growth In FY24, Says Deloitte first appeared on Latest India news, analysis and reports on IPA Newspack.