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Disbursements by power-focused infrastructure companies are expected to surpass Rs 2.9 trillion in 2023-24 (April-March), aided by substantial capital expenditure in the power sector and improving balance sheets, CareEdge Ratings said in a report. Disbursements were at Rs 2 trillion in 2022-23. This growth in disbursements is likely to enable such infrastructure finance companies to […]

The post Power Finance Firms’ Disbursements To Top Rs 2.9 Trillion In FY24: Report first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: The country’s power consumption dipped 2.3 per cent to 119.07 Billion Units (BU) in December, marking its first monthly decline in eight months due to lower demand for heating equipment, especially in the north, on account of mild winter, according to government data. Earlier in April 2023, power consumption had dipped nearly 1.5 […]

The post Power Consumption Dips Marginally By 2.3% To 119.07 Billion Units In December: Govt first appeared on Latest India news, analysis and reports on IPA Newspack.

NB Tech Acquisitions, based in Newport Beach, CA, has announced significant changes to its executive team, marking a strategic move towards further growth and innovation. Newport Beach, California, United States – January 2, 2024 — NB Tech Acquisitions, a prominent player in the tech acquisition and development sector, is thrilled to announce significant changes to its executive leadership team, marking a new chapter in the company’s growth […]

HONG KONG SAR – Media OutReach Newswire – 2 January 2024 – Nexif Ratch Energy Investments Pte. Ltd. (“Nexif Ratch Energy”) is pleased to announce its successful acquisition of the 30 MW Minh Luong run-of-river hydro power plant with peak hour storage located in Lao Cai province, Vietnam. The acquisition contributes to strengthening the Nexif Ratch Energy portfolio’s growth path in renewables and will create a stable […]

By Nantoo Banerjee The world is finally recognizing India’s economic strength and its fast-growing market size. Going by the overall development trend, the economy is capable of growing close to 10 percent annually over the next several years. In 2023-24, the economy may reach a growth rate of seven percent. Both domestic and foreign investors […]

The post Surging Demand, Rising Investment Put India’s Economy On Top Gear first appeared on Latest India news, analysis and reports on IPA Newspack.

Targeting the Congress, BJP president J P Nadda on Sunday said those who spared no effort in doing injustice to society are now thinking about holding a ‘nyay yatra’. Addressing a public gathering here, Nadda also hit out at the opposition INDIA bloc, saying it is bent on dragging the country down while Prime Minister […]

The post Nadda ridicules Cong’s ‘Nyay Yatra’ first appeared on Latest India news, analysis and reports on IPA Newspack.

Matein Khalid If ever there was a year to make money in Big Tech, 2023 was it. My three big strategic calls all outperformed my expectations. Google rose from 85 to 142, Nvidia rose from 150 to 492 and Microsoft rose from 295 to 374. 2024 could well see several emerging markets beat the S&P 500’s stellar 26% rise this year, though the real fairytale has been […]

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Arabian Post Staff Saudi Arabia has contributed significantly to promoting women employment in the thriving travel and tourism sector in alignment with the Saudi Vision 2030 goals, ensuring the kingdom’s presence in a report on the sector’s soaring employment opportunities to women and young people around the world. According to the report, the female labour force participation in the sector increased by 64% since 2021. The report shows […]

Arabian Post Staff Abu Dhabi’s maritime sector received a new year boost with the Abu Dhabi Maritime, part of AD Ports Group launching a platform to bridge the gap between public and private stakeholders to connect and strengthen the maritime sector. The platform www.maritimehub-ad.com is expected to promote collaboration and knowledge exchange for the benefit of all, forging essential links with global and domestic stakeholders, policymakers, and […]

By Girish Linganna The Indian defence manufacturing sector has advanced significantly, largely due to the government’s ‘Make in India’ policy and emphasis on self-sufficiency. But difficulties that can hinder development in 2024 need to be addressed. So like all significant nations, India has an Army, Navy and Air Force and these wings need among other […]

The post Growth Challenges For India’s Defence Manufacturing Sector first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: The finance ministry on Friday exuded confidence that the economy will “comfortably achieve” a growth rate upwards of 6.5% in FY24, as it expected the robust economic activity being witnessed in the third quarter of FY24 to continue through the March quarter as well. In an economic review for the first half of […]

The post Finance Ministry Confident Of 6.5 Per Cent Plus Growth In FY24 first appeared on Latest India news, analysis and reports on IPA Newspack.

By Anjan Roy Economic forecasting is always hazardous. It is more so in the current scenario. There are always any number of uncertainties about the future. But currently these are multifarious. No one really knows, including the dramatis personae, what will happen in the next week, let alone in course of the coming year. Take […]

The post New Year 2024 May Witness Far More Turmoil In Global Economy first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: The eight core sector industries, which include coal, steel and electricity, posted a growth of 7.8 per cent in November compared to the same month last year, official data released on Friday showed. India’s core sector output growth hit a six-month low of 7.8% in November, easing from 12% in the previous month, […]

The post Core Sector Growth Eases To Six-Month Low Of 7.8 Per Cent In November first appeared on Latest India news, analysis and reports on IPA Newspack.

MUMBAI: The pace of growth of bank credit to the industrial sector slowed down to 6.1 per cent in November from 13.0 per cent in the year-ago month. However, the growth in credit to industry on a year-to-date basis in November in the current financial year (FY24) was slightly higher at 4.9 per cent against […]

The post Bank Credit To Industry Slows To 6.1 Per Cent, Services Sector Sees Growth: RBI first appeared on Latest India news, analysis and reports on IPA Newspack.

By K Raveendran It is election year for the Indian economy and the footnote to the robust economic performance would pinpoint the risks of freebies and subsidy politics impacting growth. The pressures are expected to pinch hard from mid-year onwards as the drivers of growth would shift gears down by at least a couple of […]

The post India Set To Clock Highest Growth Rate In 2024 Among Major Economies first appeared on Latest India news, analysis and reports on IPA Newspack.

By Arun Srivastava The catchline “Phir Aayega Modi” of the saffron ecosystem needs correction. It portrays him as a visionary who will return to usher India to a new and affluent ecosphere — purely as a device to strengthen the perception that Modi is the only saviour. Therefore, people must elect him. But scratch a […]

The post INDIA Bloc Must Protect Democracy With Bharat Nyay Yatra first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: Bank credit growth is expected to remain healthy at 12-13 per cent in the next fiscal, rating agency ICRA said while maintaining a positive outlook on the banking sector. In a statement, ICRA said the positive outlook on the banking sector is mainly driven by comfortable asset quality levels, with both corporate and […]

The post ICRA Sees Bank Credit Growth At 12-13 Per Cent In FY’25 first appeared on Latest India news, analysis and reports on IPA Newspack.

MUMBAI: Biotechnology company Indian Immunologicals (IIL), under the National Dairy Development Board (NDDB), on Thursday announced the start of the construction of its new vaccine manufacturing plant at Genome Valley, Hyderabad. The company is investing around Rs 700 crore in this facility. Equipped with a BSL3 (biosafety level) facility for drug substance production and a […]

The post IIL Invests Rs 700 Crore In New Vaccine Plant To Combat Livestock Disease first appeared on Latest India news, analysis and reports on IPA Newspack.

In the bustling marketplace of dietary choices, Halal meat stands as a humble oasis of tradition amidst a desert of modern trends. You might be curious to discover the potential health benefits it offers, beyond the religious significance it holds for millions around the globe. The truth is, while the scientific community hasn’t definitively pronounced Halal meat as superior in nutritional content, it’s the ethical aspects of […]

NEW DELHI: The global oil and gas industry is bracing for a year of significant changes in 2024, marked by a complex mix of supply concerns and economic pressures. In the past year, Brent crude, the international benchmark, experienced a notable decline from its summer highs. This trend was largely driven by an increase in […]

The post 2024 Forecasts A Tumultuous Journey For Global Oil And Gas first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: To achieve self-sufficiency in production of coal and reduce the dependence on imports, the coal ministry has drawn up a strategic plan to slash imports of the fuel from over 20% now to 11% by the end of FY26, coal secretary Amrit Lal Meena told FE. The plan will entail a big boost […]

The post Government Charts Out Plan To Slash Coal Imports first appeared on Latest India news, analysis and reports on IPA Newspack.

Backed by government spending on infrastructure, building, and construction, domestic steel demand is expected to remain strong in 2024. Realisations in the domestic market are expected to remain strong, even though imports could remain elevated. Eports will remain stretched across key markets, beyond Europe, in view of the global slowdown in demand. Market sources peg […]

The post Strong Domestic Steel Demand Expected In 2024 first appeared on Latest India news, analysis and reports on IPA Newspack.

Livestream and Affiliate Stars Crowned at Malaysia’s Biggest E-Commerce Awards KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 28 December 2023 – Shopee Super Awards 2023 returned this year, celebrating the greatest and brightest stars of Malaysia’s booming e-commerce landscape. The red carpet awards show, held on 14 December 2023 at the Majestic Hotel in Kuala Lumpur, was hosted by Naz Rahman and Julie Woon, and featured […]

HONG KONG SAR – Media OutReach Newswire – 29 December 2023 – As the tide of self-media continues to rise, AnyoneKOL positions itself at the forefront of this wave, helping rising stars in the booming influencer market to find their stage. A subsidiary of a seasoned advertising firm, AnyoneKOL offers a unique integrated service, from training to job placement, providing each influencer with a complete solution from […]

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