HONG KONG SAR – Media OutReach Newswire – 7 December 2023 – Hong Kong’s economy is expected to grow slightly in 2024, CPA Australia’s latest survey on Hong Kong’s economic and business outlook indicates. The survey results also show anticipated weak demand has led many companies to be more conservative in their 2024 business forecasts and switch to more prudent strategies. Soaring interest rates will continue to […]
MUMBAI: Benchmark stock indices Sensex and Nifty settled at new peaks on Tuesday, rallying for the sixth straight session amid massive buying in power and utility sector shares. The 30-share BSE Sensex jumped 431.02 points, or 0.63 per cent, to close at a new record high of 69,296.14. The broader index Nifty also climbed 168.50 […]
The post Stock Markets Hit New Record Highs first appeared on Latest India news, analysis and reports on IPA Newspack.
NEW DELHI: Nine months after the government notified new gaming rules, companies such as Dream Sports, Games 24×7, as well as industry associations, are seeking clarity on a code of conduct for the sector. The manner in which the notified rules will be implemented, a framework for responsible gaming and player protection, architecture on checking […]
The post Online Gaming Firms Urge Govt To Set Clear Code Of Conduct For Sector first appeared on Latest India news, analysis and reports on IPA Newspack.
By Anjan Roy One of the most powerful global credit agencies, Moody’s, has downgraded China’s economic outlook to negative from stable. This has major implications for a country in the financial markets and as a reliable destination for global investors. Immediately, this change might not affect China’s investments or borrowings. But a downward revision of […]
The post Moody’s Downgrading China’s Economic Outlook Has Big Significance first appeared on Latest India news, analysis and reports on IPA Newspack.
NEW DELHI: The central public sector enterprises (CPSEs) and large government agencies present in the infrastructure sector like the NHAI and the Railways have invested Rs 4.28 trillion or 58.4% of their combined annual capital expenditure target in April-October of the current financial year, supporting the public capex-led economic growth revival. On an annual basis, […]
The post CPSEs Meet 58 Per Cent Of Annual Capex Target In April-October first appeared on Latest India news, analysis and reports on IPA Newspack.
NEW DELHI: Solar power generation capacity can go up to 75,000 gigawatts by 2050 globally with long-duration storage capacity, a report by the International Solar Association (ISA) and LDES Council, said. The report released on Tuesday by ISA and the Long Duration Energy Storage (LDES) Council unveils a bold vision for the future of renewable […]
The post Solar Power Potential 75,000 GW By 2050 Possible With Long-Duration Storage: Report first appeared on Latest India news, analysis and reports on IPA Newspack.
KOLKATA: The telecom secor recorded 1.75% sequential growth in adjusted gross revenue (AGR) in the April-June quarter, during which Bharti Airtel and Reliance Jio saw a rapid uptake of 5G services, further accelerated by sporting events like the Indian Premier League (IPL). The latest data released by the Telecom Regulatory Authority of India (Trai) on […]
The post Telecom Sector AGR Grows 1.75 Per Cent To Over Rs 65,000 Crore In Q1 first appeared on Latest India news, analysis and reports on IPA Newspack.
NEW DELHI: India’s service activity moderated to a one-year low in November, owing to a slowdown in new work orders and overall output, a private survey published Tuesday said. However, the print showed continued expansion in the broader economy that surprised on the upside in the second quarter. The seasonally adjusted S&P Global India Services […]
The post November Services Activity At 1-Year Low As New Orders & Output Shrink first appeared on Latest India news, analysis and reports on IPA Newspack.
MUMBAI: Insurance behemoth Life Insurance Corporation of India (LIC) is the fourth largest insurer in the world, according to a ranking based on life and accident & health reserves of companies in 2022 by S&P Global Market Intelligence. The state-owned insurer is ranked after Allianz SE, China Life Insurance Company and Nippon Life Insurance Company. […]
The post LIC Fourth Largest Insurer In The World Based On Reserves: S&P Global first appeared on Latest India news, analysis and reports on IPA Newspack.
SIHANOUKVILLE, CAMBODIA – Media OutReach Newswire – 6 December 2023 – The Bay of Lights development project has taken a significant step forward with the launch of the Summer Bay Beach Club and Cabins. Located within the Bay of Lights, and only a scenic two-hour drive from the capital, this resort has successfully attracted over 16,000 visitors and logged 3,000 cabin bookings since its soft opening on […]
MELBOURNE, AUSTRALIA – Media OutReach Newswire – 6 December 2023 – Jitterbit, a global leader in empowering transformation through automation, today announced its strategic partnership with Lancia Consult, a global consultancy firm specializing in digital transformation solutions. The collaboration will deliver new opportunities for businesses to expedite their digital initiatives, encompassing cloud/hybrid approaches, automation, AI integration, cybersecurity, and overall growth strategies. “Our clients encounter challenges like governance […]
Secretary for Financial Services and the Treasury, Christopher Hui and Chairman of the Newly Established Hong Kong Academy for Wealth Legacy, billionaire entrepreneur Adrian Cheng, share their views. Newly formed academy sits under the Financial Services Development Council (FSDC), sweetens deal and further strengthens Hong Kong‘s competitiveness as a leading global family office hub One of Hong Kong Government‘s top agendas to support next-generation wealth owners and […]
Through collaborations with Searce and Google Cloud, PowerCred achieved significant savings, ISO 27001 and Kominfo certifications, and enabled stronger security within six months SINGAPORE – Media OutReach Newswire – 6 December 2023 – PowerCred, a one-stop API suite solving complex lending and underwriting issues by helping lenders build a comprehensive borrower profile, garnered cost savings while obtaining compliance certifications and bolstering security through integration with Google Cloud. […]
Michael brings a wealth of knowledge and expertise to Quasar Markets, especially in the realms of trading, risk management, and financial technology. New York, NY, United States – December 5, 2023 — Quasar Markets, an AI-powered fintech research platform, announced that Michael J. Milani, CEO of Mondeum Capital, has joined its Board of Directors. With over 25 years of experience in active trading and financial technology, Michael brings […]
India’s consumption of Liquefied Natural Gas (LNG) is expected to rise further in the coming months on the back of growing demand from the fertiliser and power industries, analysts say. Anticipated lower spot LNG prices will further add to this growth. “Our current forecast for December, January, and February averages at 76 MMcm/d, with an […]
The post LNG Consumption, Imports Seen Rising As Prices Ease first appeared on Latest India news, analysis and reports on IPA Newspack.
DigiFT, a leading digital assets exchange, has attained regulatory clearance from the Monetary Authority of Singapore (MAS) to administer collective investment schemes and engage in secondary-market trading. This endorsement from MAS signifies a pivotal advancement for DigiFT, enabling the platform to diversify its financial services and extend its presence within the dynamic digital assets sector. The granted approval for collective investment schemes empowers DigiFT to facilitate the […]
NEW DELHI: Domestic rating agency Icra on Monday said the Indian IT sector’s revenue growth will inch up to over 6 per cent in 2024-25 from 3-5 per cent estimated for the ongoing financial year. The slower growth will have an impact on the hiring plans, the agency said, adding that staff addition will continue […]
The post IT Sector Growth To Inch Up To 6 Per Cent In FY25, Hiring To Be Moderate For 3 Quarters: ICRA first appeared on Latest India news, analysis and reports on IPA Newspack.
NEW DELHI: State-owned BSNL is looking to deploy at least 4% of its total staff strength of around 54,000 on enhancing enterprise services, company sources said. Currently only 1.8% of the staff are deployed for the purpose. This is because BSNL has seen a fall in revenue from the enterprise business in the last two […]
The post BSNL To Sharpen Focus On Enterprise Business first appeared on Latest India news, analysis and reports on IPA Newspack.
MUMBAI: India’s corporate bond market is expected to more than double from Rs 43 trillion in Financial Year 2022-23 (FY23) to Rs 100-120 trillion by FY 2030, said a report by CRISIL Ratings on Monday. The market is expected to expand at a compound annual growth rate (CAGR) of 9 per cent over the years. […]
The post Corporate Bond Market Set To Double By FY2030 At Rs 100 Trillion: Report first appeared on Latest India news, analysis and reports on IPA Newspack.
MUMBAI: The RBI is expected to announce a continuation of its pause on interest rates after the bi-monthly review meeting of the monetary policy committee (MPC) scheduled for December 8. Analysts predict a fifth consecutive pause by the MPC because of stronger-than-expected economic growth numbers. RBI will likely maintain a cautious stance, accompanied by hawkish […]
The post RBI Likely To Stay With Interest Rate Pause first appeared on Latest India news, analysis and reports on IPA Newspack.
NEW DELHI: The Government has received foreign direct investment (FDI) proposals worth about Rs one lakh crore since April 2020 from countries sharing land border with India and half of those applications have been cleared so far, a top official said. The remaining are either pending or withdrawn or rejected by the government. In April […]
The post Government Receives Rs 1 Lakh Crore Foreign Direct Investment Proposals first appeared on Latest India news, analysis and reports on IPA Newspack.
NEW DELHI: Direct tax receipts will likely show a robust performance for the third year in a row post-pandemic, giving enough space to the Centre to keep the fiscal deficit within the targeted limit. This is despite additional spending expected on food, fertiliser and job guarantee programmes, and a lower than expected growth in nominal […]
The post Gross Direct Tax May Surpass Budget By Over Rs 1 Trillion first appeared on Latest India news, analysis and reports on IPA Newspack.
“Aidge” is a transformative generative AI tool that uses Alibaba International’s proprietary large language models and e-commerce expertise to help SMEs expand their businesses SINGAPORE – Media OutReach Newswire – 4 December 2023 – The integration of artificial intelligence (AI) is revolutionizing the possibilities of business today, especially in the realm of e-commerce. Generative AI applications have enhanced the user experience and operational processes, allowing for more […]
Bas Kooijman U.S. stock and bond markets rallied, with major indexes like the S&P 500 and Nasdaq Composite posting significant gains, achieving their best monthly performance since July 2020. This surge was supported by declining Treasury yields, leading to the bond market recording its best monthly gain since 1985. Positive news on inflation emerged when the core personal consumption expenditures (PCE) price index indicated a slowdown in […]
