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NEW DELHI: Reliance Industries Ltd, India’s largest company, has launched the Graduate Engineer Trainee programme, aiming to hire graduate engineers across businesses – from petrochemicals to new energy. Reliance has opened its entry-level recruitment drive for young engineers named the Graduate Engineer Trainee (GET) 2024 programme from all over India, with an aim to nurture […]

The post Reliance To Hire Graduate Engineers Across Business Verticals first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: India’s retail inflation rose to 5.69 per cent in December 2023 up from 5.55 per cent in November last tear with higher food prices stretching household budgets, according to official figures released on Friday. Retail inflation inched up marginally in December, while industrial production in November plunged to an eight-month low of 2.4%, […]

The post Consumer Inflation Tad Up, Factory Output Slips 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.

HONG KONG SAR – Media OutReach Newswire – 12 January 2024 – Today, IX Asia Indexes announced the 2nd Half 2023 Review of the IX Digital Asset Industry Classification System (“DAICS®“), aiming to provide the professionals worldwide with a transparent and standardized classification scheme to determine sector and exposure of particular digital assets. DAICS® classifies digital assets into 2 main categories: a) Cryptocurrencies and b) Asset Backed […]

Closing Price on Debut Day 164% Higher than Offer Price HONG KONG SAR – Media OutReach Neswire – 12 January 2024 – WellCell Holdings Co., Limited (“WellCell” or the “Company”; together with its subsidiaries, the “Group”, stock code: 2477), a comprehensive telecommunication network support and ICT integration service provider and software developer in the PRC, is successfully listed on the Main Board of The Stock Exchange of […]

India’s industries are counting on the government to target larger capex outlay of atleast ₹12-lakh crore in the upcoming interim Budget (2024-25) to support higher GDP growth in a year when global economic slowdown in expected to be pronounced. This comes even as the private sector’s side of investment push has not been exuberant in […]

The post Private Sector Urges Massive Capex Booster Dose In Interim Budget As Well first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: The net direct tax collection so far this fiscal rose 19.41 per cent to Rs 14.70 lakh crore, reaching about 81 per cent of the full-year target, the income tax department said on Thursday. The government has budgeted to collect Rs 18.23 lakh crore from direct taxes (personal income tax and corporate tax), […]

The post Net Direct Tax Collection Grows 19 Per Cent first appeared on Latest India news, analysis and reports on IPA Newspack.

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MUMBAI/BENGALURU: India’s information technology (IT) leaders have once again sent out a signal that the macro environment is tough and that their clients are spending cautiously. Kicking off the earnings season on Thursday, the third quarter results of Tata Consultancy Services (TCS) and Infosys reflected the slowdown in the global markets. While attrition has been […]

The post IT Leaders Infosys, TCS Kick Off Q3 Earnings Season With Weak Numbers first appeared on Latest India news, analysis and reports on IPA Newspack.

SINGAPORE – Media OutReach Newswire – 12 January 2024 – As part of the pipeline of initiatives to increase accessibility of the Singapore Chartered Accountant Qualification (SCAQ), the examination fees for the SCAQ programme will be lowered from June 2024. The SCAQ programme is the national Chartered Accountant qualification programme that confers the prestigious designation of Chartered Accountant of Singapore (CA Singapore). The SCAQ is a globally […]

CHENNAI: The renewable energy sector reported a 19 per cent decline in new capacity addition to the grid in the calendar year 2023. The total new capacity addition in the clean energy sector stood at 12.9 GW in 2023 when compared with a new capacity addition of about 16 GW, the highest-ever annual capacity added […]

The post Renewable Sector Records 19% Dip In New Capacity Addition For 2023 first appeared on Latest India news, analysis and reports on IPA Newspack.

Samer Hasn Cryptocurrency market had a very volatile night. Bitcoin fluctuated between the levels of $44,800 and $47,730. Ethereum was also able to advance and register more record levels that we have not seen since May of 2022, reaching the level of $2644. The movements in the cryptocurrency market came with the historic event of the Securities and Exchange Commission’s approval of the launch of a number of […]

K Raveendran In a landmark judgement, the US SEC has approved 11 Bitcoin spot ETFs paving the way for mass adoption of digital assets. Sending you herewith, reactions from industry stalwarts on its impact and future outlook. According to experts, it is expected that the US decision would prompt financial institutions in other regions to apply for similar businesses. In view of this, other financial centres such […]

MUMBAI: The monetary policy committee (MPC) is expected to keep rates unchanged for the remainder of this fiscal amid weak agricultural output and tight global food supplies posing upside risks to inflation, and global market volatility, according to a Crisil Market Intelligence and Analytics report. A rate cut is expected only in the first quarter […]

The post Rate Cut Expected Only In First Quarter Of Next Fiscal: CRISIL first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: Signalling a recovery from the Covid-19-induced pandemic, growth in the real wages stayed positive in India for the second consecutive year in 2022, the latest study by the International Labour Organisation (ILO) shows. Along with Turkiye, India is the only country among the G20 grouping that saw positive growth in real wages for […]

The post Real Wage Growth Positive For Second Straight Year In 2022: ILO Study first appeared on Latest India news, analysis and reports on IPA Newspack.

By Anjan Roy After fiddling with the Indian economy for years, Raghuram Rajan, former governor of Reserve Bank of India, finds himself in a kind of Hamlet moment. Rajan had observed that India would be lucky to reach a 5% growth rate during the current fiscal year. He was heaped with criticism for his pessimism […]

The post Indian Economy Has Shown Its Own Strengths Through High Growth In 2023-24 first appeared on Latest India news, analysis and reports on IPA Newspack.

MUMBAI: India has emerged as “vishwa mitra”, or a trusted friend, in the rapidly changing world order, said Prime Minister Narendra Modi on Wednesday. He projected the country as a new ray of hope amid global uncertainties and an engine of growth for the world economy. The prime minister was addressing the Vibrant Gujarat Global […]

The post Vibrant Gujarat Global Summit 2024: India A Vishwa Mitra, Says PM Modi first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: Reiterating the demand for a reduction in tariffs and duties on components and subassemblies imported for making smartphones in India, the India Cellular and Electronics Association (ICEA) on Wednesday said such a reduction in input tariffs could increase the country’s smartphone exports by nearly four times to $39 billion (around Rs 3.2 trillion) […]

The post Tariff Cut May Boost India’s Phone Exports To $39 Billion By 2027: ICEA first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: Green hydrogen in India can not only provide energy for sectors such as fertilizers, chemicals, refining and iron, but also save carbon emissions compared to fossil fuels, the World Economic Forum said on Wednesday. In a detailed analysis of what it will take to make green hydrogen a credible energy pathway in India, […]

The post Green Hydrogen Can Enable Energy Transition In Net-Zero Journey: WEF Report first appeared on Latest India news, analysis and reports on IPA Newspack.

MANILA, PHILIPPINES – Media OutReach Newswire – 11 January 2024 – More than spreading joy with great tasting food around the world, the Jollibee Group is committed to nourishing a professional workplace culture and high employee engagement, while sustaining its global growth and progressing on its sustainability goals. The Jollibee Group has recently received double recognition on the international stage with its inclusion in TIME Magazine’s “World’s […]

Collaboration includes creation of a dedicated growth engine in NCS, as well as new Intellectual Property (IP) and end-to-end solutions, unlocking greater value for clients in Asia Pacific. SINGAPORE – Media OutReach Newswire – 11 January 2024 – NCS today announced an expanded collaboration with Microsoft in Asia Pacific to enable clients to accelerate AI and Cloud solutions. NCS will create a dedicated Microsoft growth engine with […]

NEW DELHI: Indian economy will likely pick up pace in FY25 and FY26, growing 6.4% and 6.5%, respectively, on the back of a strong investment and services push, retaining the fastest-growing major economy tag, the World Bank said Tuesday. The multilateral institution has forecast global growth to slump further to 2.4% in 2024 from 2.6% […]

The post World Bank Pegs India’s FY25 Growth At 6.4 Per Cent first appeared on Latest India news, analysis and reports on IPA Newspack.

By K Raveendran Geopolitics and guidance from the US Federal Reserve may not be the only factors that determine the performance of gold in the New Year. The Indian and other elections slated for the year may also be determinants. India is the second largest gold consumer in the world and the rate at which […]

The post Implications Of National Elections For Gold Demand In India And World Markets first appeared on Latest India news, analysis and reports on IPA Newspack.

COLOMBO: Six months after it was announced by the prime ministers of both countries, India has discussed the early launch of the UPI payment system with Sri Lanka and reiterated its support in the cash-strapped island nation’s debt restructuring process. In July 2023, Prime Minister Narendra Modi and Sri Lanka President Ranil Wickremesinghe signed an […]

The post India, Sri Lanka Discuss Early Launch Of UPI Payment System first appeared on Latest India news, analysis and reports on IPA Newspack.

Intel® Evo™ Edition ThinkPad™ X1 Carbon Gen 12 and ThinkPad X1 2-in-1 Gen 9 ready for the next wave of AI-enabled business computing HONG KONG SAR – Media OutReach Newswire – 9 January 2024 – Ahead of CES® 2024, Lenovo unveiled new business and consumer laptops designed to unlock new AI experiences and boost productivity, creativity and efficiency. The new Lenovo ThinkPad X1 Carbon, and ThinkPad X1 […]

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