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NEW DELHI: India’s natural gas demand is expected to rise by 6 per cent in 2024 with a rise in consumption in fertiliser units, power generation and industrial sectors, according to the International Energy Agency (IEA). Following the 7 per cent year-on-year decline observed in 2022, India’s primary gas supply rose by 5 per cent […]

The post India Gas Demand To Rise 6 Per Cent In 2024: IEA first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: The Government needs to continue with favourable policies to promote green mobility while also focussing on infrastructure development at a robust pace in the upcoming Budget, according to some leading firms in the automobile space.  The Union government is all set to present the interim Budget on February 1. “We expect capex on […]

The post Auto Firms Seek Continued Push To Green Mobility, Infra Development first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: North Block is expected to lower its fiscal deficit target meaningfully in FY25, in line with the post-Covid consolidation roadmap, but the Centre’s gross debt sales will likely remain at this FY’s record levels despite New Delhi expectedly slowing the pace of investments in capital assets. A slower pace of capital expenditure – […]

The post Govt May Prune FY25 Fiscal Gap Target To 5.3-5.4% On Slower Capex first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: India has identified electronics, engineering goods, textiles, marine & agriculture, toys and pharmaceuticals as the six sectors that could help the country achieve almost 70% of its $1-trillion goods export target by FY30. As per a study by the commerce and industry ministry, these sectors could clock around $670 billion of exports by […]

The post Electronics, Engineering Goods Among Six Focus Sectors For $1 Trillion Exports Target first appeared on Latest India news, analysis and reports on IPA Newspack.

NEVIS, SAINT KITTS AND NEVIS – News Direct – 29 January 2024 – REV3AL, a pioneering Web 2 and Web 3 cybersecurity company dedicated to safeguarding digital assets and combating a myriad of online threats, announced today a significant stride in its expansion plan. The company is set to launch its new liquidity locker service in the coming weeks, enhancing the security and trust in digital transactions. […]

SINGAPORE – Media OutReach Newswire – 29 January 2024 – HeySara Pte. Ltd., a leading corporate service provider, completed its acquisition of Corporate Success Pte. Ltd. and its affiliated companies in January 2024. This strategic move strengthens HeySara’s professional services team to provide a more comprehensive suite of services to its expanded and more diversified client base. With this acquisition, HeySara achieves a milestone growth of expanding […]

The U.S. Securities and Exchange Commission’s (SEC) approval of the launch of 11 bitcoin exchange-traded funds (BTC ETFs) surged in bitcoin trading volumes. On the first day of the launch of trading in spot bitcoin ETF units, about 700,000 transactions were made, and the trading volume reached $4.33 billion. Half of this volume, or $2.1 billion, came from Grayscale’s bitcoin ETF, and another $1 billion came from […]

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By K Raveendran The deterioration in recent weeks of the security situation in the Red Sea, where Yemen-based Houthi militia in support of Palestine have disrupted global trade by launching drone and missile attacks on vessels, is posing a geopolitical risk to LNG prices. It has now been more two months since the first attack […]

The post Deterioration In Red Sea Situation Threatens LNG Trade Flows, Drags Prices Down first appeared on Latest India news, analysis and reports on IPA Newspack.

Meetings with NVIDIA, Google, Linkedin to explore collaboration opportunities through HKSTP Innovation Mixer to the US West Coast HONG KONG SAR – Media OutReach Newswire – 25 January 2024 – Hong Kong Science and Technology Parks Corporation (HKSTP) recently embarked on its Innovation Mixer US West Coast Tour to connect the US and Hong Kong innovation communities and showcase the booming opportunities in Asia. From 16 to […]

HONG KONG SAR – Media OutReach Newswire – 25 January 2024 – Qupital, Asia’s leading data-driven financing platform for SMEs in the new economy, today announced its new Series B2 financing round funded by a consortium of new and existing investors from Hong Kong and Southeast Asia. The fresh capital injection will be instrumental in scaling its securitisation facility backed by Citi, which supports its rapidly growing […]

The crude oil market share of the Organization of Petroleum Exporting Countries (OPEC) has been declining since the cartel  came out with its Declaration of Cooperation (DoC). The share is under increasing threat from non-OPEC+ countries, analysts say. According to research agency BMI, a unit of Fitch Solutions, propping up Brent through DoC has come […]

The post OPEC Losing Crude Oil Market Share As It Cuts Output To Lift Prices first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: Walmart group firm Flipkart continues to dominate the e-commerce segment with 48 per cent market share while Softbank-backed Meesho has emerged as the fastest growing e-commerce platform in terms of user base in India, a latest report by AllianceBernstein said. According to the report, Flipkart’s user base grew 21 per cent year-on-year (YoY), […]

The post Flipkart Leads E-Comm Market With 48% Share, Meesho Fastest Growing Platform: Bernstein first appeared on Latest India news, analysis and reports on IPA Newspack.

By Dr. Gyan Pathak Pre-election Interim Union Budget 2024-25 may not be expected to be different than one of the kinds that was tabled in 2019 by the PM Narendra Modi led government when the Union Government did to restrict itself only to passage of the vote on account, but went beyond to announce spectacular […]

The post Pre-Election Interim Union Budget 2024-25 May Surprise Workforce first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: India and the UK will likely sign an agreement in early February to spurt flow of London-based patient capital funds the burgeoning infrastructure sector of the world’s fifth largest economy. India is aiming for $5-10 billion inflows in the initial phase to establish a proof of concept in project financing for investors to […]

The post India Looks To Tap London Funds For Infrastructure Investment first appeared on Latest India news, analysis and reports on IPA Newspack.

MUMBAI: Private banks have continued to grow their personal loan books in the September-December quarter even after the Reserve Bank of India (RBI) raised risk weights for unsecured loans. According to the banks’ latest quarterly numbers, their personal loan books have risen between 10% and 86% year-on-year (yoy). Leading banks like ICICI Bank, Kotak Mahindra […]

The post Private Banks Grow Personal Loan Book Aggressively first appeared on Latest India news, analysis and reports on IPA Newspack.

deploys ‘Strategy 3+1’ to deliver sustainable value to all stakeholders, including customers, shareholders, employees, regulators and society at large. “KBank aims to be a solidly dependable partner to our customers, and other stakeholder, and to deliver solid performance to our shareholders in an increasingly unpredictable global economic environment.” Ms. Kattiya Indaravijaya, Chief Executive Officer, KBank ‘Strategy 3+1’ to help KBank grow business by focusing on three strategic […]

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.

TOKYO, JAPAN – Media OutReach Newswire – 26 January 2024 – SusHi Tech Tokyo 2024, bringing together Tokyo’s innovation creators to share their solutions for urban growth and sustainability, is scheduled to begin this spring. To lead up to this event, which promotes Sustainable High City Tech Tokyo (SusHi Tech Tokyo) and the creation of sustainable new value, Tokyo Metropolitan Government (TMG) is pleased to launch the […]

Customer and policy numbers see over 21-fold and 25-fold growth respectively Jointly donate ARIA test machine to Hong Kong Lutheran Social Service to drive the development of a healthy community HONG KONG SAR – Media OutReach Newswire – 25 January 2024 – This year marks the 10th anniversary of the exclusive bancassurance partnership between Citibank and AIA Hong Kong. Throughout the decade-long collaboration, AIA Hong Kong’s many […]

Ratings agency ICRA has revised upwards its projection of bank credit growth in FY24 to 14.9-15.3 per cent, estimated at an incremental growth of ₹20.4-20.9 lakh crore, from the earlier projection of 12.8-13 per cent equating to a growth of ₹17.5-17.8 lakh crore. “This will be the highest ever incremental bank credit growth and would […]

The post ICRA Revises Up Bank Credit Growth Estimate To 15% From 13% For FY24 first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: The Centre on Wednesday announced re-bidding for the 10 Gigawatt hour (Gwh) tranche of the total 20 GWh capacity under the production-linked incentive (PLI) scheme for the advanced chemistry cell (ACC) battery storage. A budgetary outlay of Rs 3,620 crore has been earmarked as the incentive against setting up this battery manufacturing capacity […]

The post Centre Begins Re-Auction For 10 GWh Tranche Of Acc Battery PLI Scheme 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.

NEW DELHI: With the growing activities of international pirates off the Gulf of Aden driving up the costs of freight and shipping, the government has moved to build more armed vessels to keep open the international shipping lanes that carry much of the world’s trade through this war-torn region. In the last 20 years, the […]

The post Defence Ministry Inks Rs 1,070 Crore Contract With Mazagon Dock For 14 FPVs 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.

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