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NEW DELHI: The Centre is drawing up a plan for the privatisation of Rashtriya Ispat Nigam Ltd (RINL), also known as Vizag Steel, under which the prospective buyer/s would have to commit to expand its 7 million tonne (MT) plant, an official source said. The capacity scope for the unit is pegged at 18 MT. […]

The post RINL Sale: Bidders May Have To Pledge To Expand Unit; Some Land Parcels May Be Kept Out Of Deal first appeared on Latest India news, analysis and reports on IPA Newspack.

Presented by The Japan Poultry Association and TAI ON Coffee & Tea Shop HONG KONG SAR – Media OutReach – 10 November 2023 – Japanese eggs have always been highly popular among Hong Kong people. As of 2022, Hong Kong has consecutively ranked as the top region for Japanese egg exports for 18 years, accounting for 93% of the total export volume. The annual consumption of Japanese […]

49% of AI enterprises expressing difficulties in recruiting technical talent HKPC provides nine major recommendations for establishing Hong Kong as a well-recognised “International AI and Data Industry Development Hub” HONG KONG SAR – Media OutReach – 10 November 2023 – Hong Kong Productivity Council (HKPC) released the key findings on their “Hong Kong AI Industry Development Study” today, focusing on the status of Hong Kong’s artificial intelligence […]

NEW DELHI: India on Thursday put the onus of long-term prosperity of the world oil market on OPEC and called upon the grouping of exporting countries to maintain market stability for the benefit of consumers, producers and global economy. At the 6th meeting of the Indian-OPEC Energy Dialogue in Vienna, oil minister Hardeep Singh Puri […]

The post Amid High Oil Prices, India Puts Onus Of Global Growth On OPEC first appeared on Latest India news, analysis and reports on IPA Newspack.

Saifur Rahman, Executive Editor State-owned Emirates Group — which includes Emirates Airline, the world’s biggest carrier of international passengers and its ticketing and ground handling subsidiary Dnata, reported a 138 percent jump in profits to a record Dh10.1 billion (US$2.7 billion), for the first half of the 2023-2024 financial starting from April 2023 till September 30, 2023, compared to Dh4.2 billion (US$1.2 billion) reported for the corresponding period […]

Amid mounting concerns over delinquencies, public sector lenders have assured the finance ministry that they do not see any systemic risks emanating from small unsecured loans as their overall exposure remains small. The finance ministry had asked state-run banks to review their small loan portfolios and submit a report detailing the situation. Banks said the […]

The post Public Sector Banks Assure Government Small Loans Not A Systemic Risk first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: Strong domestic demand is likely to sustain India’s economy in the near term, said Moody’s on Thursday as it kept the country’s growth forecast for 2023 and 2024 unchanged at 6.7 and 6.1 per cent. “Robust goods and services tax collections, surging auto sales, rising consumer optimism and double-digit credit growth suggest urban […]

The post Domestic Demand To Sustain India Growth In The Near Term, Says Moody’s first appeared on Latest India news, analysis and reports on IPA Newspack.

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By Ashis Biswas For Bangladesh, an inexorable decline of its economy during the last couple of years has added to the present tensions it faces in its uneasy relationship with the US. This has rendered the position of the ruling Awami League (AL) politically more vulnerable as it continues its pre-election campaign for the 2024 […]

The post American And Western Diplomats Are Openly Supporting Opposition In Bangladesh first appeared on Latest India news, analysis and reports on IPA Newspack.

By Prabhat Patnaik In an economy like ours where the work-force is not neatly divided into “the employed” and “the unemployed”, and instead there is massive and growing casualisation of work, measuring unemployment is a tricky business. It necessarily means asking a person how much work that person got over a certain period in the […]

The post India’s Working Force Has Remained Stagnant Over The Last Five Years first appeared on Latest India news, analysis and reports on IPA Newspack.

SINGAPORE – Media OutReach – 10 November 2023 – The 8th edition of the Singapore Fintech Festival (SFF) is gearing up to be a global showcase of fintech excellence, and Italy’s participation promises to be a pivotal highlight of the event. Scheduled to take place from 15 to 17 November 2023 at the Singapore Expo Halls 1-6, this internationally acclaimed event will be the epicentre of innovation, […]

MUMBAI: As Indian markets scaled new highs this financial year, the market capitalisation (m-cap) of 11 companies crossed the Rs 1 trillion-mark over the past seven months, joining the club with 46 others. This is a rise of 19% over FY23. These 11 firms include Adani Power, DLF, Hindustan Aeronautics, Jio Financial Services, Varun Beverages, […]

The post 11 Firms Ride The Market Wave To Join Rs 1-Trillion M-Cap Club first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: The US Develop–ment Finance Corporation (DFC) on Wednesday announced it would provide $553 million for Colombo West International Terminal Pvt Ltd (CWIT), in which Adani Ports and Special Economic Zone (APSEZ) is a majority stakeholder with 51 per cent. It is part-owned by Sri Lanka’s John Keells Holdings and the Sri Lanka Ports […]

The post Adani’s Colombo Port Terminal To Get $553 Million Funding From US DFI first appeared on Latest India news, analysis and reports on IPA Newspack.

Receives Best Retail Broker award at SIAS Investors’ Choice Awards Dinner Finalist for the Singapore Fintech Festival Global Fintech Awards SINGAPORE – Media OutReach – 9 November 2023 – Moomoo Financial Singapore Pte. Ltd. (“Moomoo Singapore”) is pleased to be named the Best Retail Broker in Singapore by the Securities Investors Association (Singapore)(“SIAS”) . Mr Gavin Chia, CEO of Moomoo Singapore, received the award from Guest of […]

KUALA LUMPUR, MALAYSIA – Media OutReach – 9 November 2023 – Respond.io, a pioneering customer conversation management software, won the Malaysia’s Leading AI Driven Omnichannel Marketing award during the Malaysian Digital Expo (MDX) 2023 Awards Night. This award reflects respond.io‘s leadership in using artificial intelligence to deliver cutting-edge solutions that enhance customer experiences and drive omnichannel marketing results. Respond.io CEO, Gerardo Salandra, accepts Malaysia’s Leading AI Driven […]

WeWork was one of the world’s most lauded start-ups in recent years, being valued around $50bn. But just four years since that peak valuation, the company has filed for bankruptcy. Cloaked in the guise of a tech enterprise, WeWork ultimately revealed itself as an office rental business. Its downfall was the result of internal challenges it created for itself, compounded by external forces beyond its influence, such […]

By Girish Linganna As Israel grieved in the aftermath of the October 7 tragedy, where more than 1,400 citizens lost their lives due to the actions of Hamas terrorists, US President Joe Biden visited Tel-Aviv to pledge American support. However, during an appearance with Israeli Prime Minister Benjamin Netanyahu, Biden also emphasized the need for […]

The post Israel Will Be Doing A Terrible Blunder If It Extends The War To Iran And Lebanon first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: India is framing a national policy to transform its airports into major international hubs that will offer single-point international connectivity to the South Asian region. The policy, which will need cabinet nod, aims to frame laws for easing security and immigration bottlenecks at airports, allocation of international flying rights and building necessary infrastructure […]

The post Policy Soon To Make Airports Transit Hubs For South Asia first appeared on Latest India news, analysis and reports on IPA Newspack.

MUMBAI: Alternative Investment Funds (AIFs) are awaiting clarity from the markets regulator, the Securities and Exchange Board of India (Sebi), on the valuation mandate to address gaps in audit timelines, operational challenges, and issues in benchmarking. Last week, Indian Private Equity and Venture Capital Association (IVCA) — the industry body for AIFs — became a […]

The post Alternative Investment Funds Seek Clarity From SEBI On New Valuation Norms To Address Gaps first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: New investment demand in the second half of this fiscal year is likely to be tempered amid increased geopolitical tensions in the Middle East, and a potential slowdown in the momentum of government capital expenditure (capex) and project execution prior to the general elections, said credit rating agency ICRA in its latest report […]

The post New Investment Demand Likely To Taper In Second Half Of FY24: ICRA first appeared on Latest India news, analysis and reports on IPA Newspack.

HONG KONG SAR – Media OutReach – 8 November 2023 – According to the latest internal data of Flala, female users have exceeded the total number of users, with the average daily usage of 54.6 minutes. The proportion of users active for more than 15 days increased to 62.8%, among which generation Z after 1995 aged 18-24 are the main users of Flala. Flala’s intelligent matching mechanism […]

SINGAPORE – Media OutReach – 8 November 2023 – Looking to lead the charge towards achieving net-zero emissions, Senoko Energy is collaborating with The Straits Times (ST) to inspire and empower businesses to #TakeCharge in their sustainability journeys. With the upcoming alterations to ESG reporting regulations, it has become increasingly critical for businesses to adopt and embrace sustainability, a mission that poses significant hurdles. Businesses, especially small-medium […]

Paytech Empower All HONG KONG SAR – Media OutReach – 8 November 2023 – Yedpay, Hong Kong’s leading payment technology company, collaborates with Mastercard to break tradition and pioneer the innovation of the next-generation payment industry with ‘One Touch’ technology. This technology aims to optimize the sequence of cash flow from collection, payment to settlement for businesses, providing a new experience for real-time cash flow. Hong Kong […]

The global campaign celebrates the efforts of individuals, restaurants and change-makers who are paving the way towards a more resilient, sustainable food system. Including five impactful stories from Hong Kong. HONG KONG SAR – Media OutReach – 8 November 2023 – The Sustainable Restaurant Association – the global not-for-profit organisation setting the Standard for sustainable food and drink businesses around the world – announce #EatForTomorrow campaign. This […]

NEW DELHI: Amid record high power demand this year, the Union power ministry has initiated discussions with state governments to augment their power generation capacities, both conventional and renewable energy. Union Minister for Power, New and Renewable Energy R K Singh said close to 12 gigawatt (Gw) of new coal-based capacity will come online by […]

The post 12 GW Thermal Power By Next Year To Meet High Demand, Says R K Singh first appeared on Latest India news, analysis and reports on IPA Newspack.

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