MUMBAI: Private equity and venture capital (PE/VC) investments rose 60% on a YoY basis in Q32023 and touched $13.6 billion, said consulting and audit firm EY India in its latest PE newsletter. However, they were 5% lower than 2Q2023. The number of deals in 3Q2023 was lower by 18 % on YoY basis, it said […]
The post PE/VC Investments Up 60% In September: EY first appeared on Latest India news, analysis and reports on IPA Newspack.
NEW DELHI: Robust credit offtake, favourable macro environment, and governance reforms will continue to power the growth and profitability of public sector banks (PSBs), according to a panel of chiefs at state-run lenders at the Business Standard BFSI Insight Summit in Mumbai on Tuesday. Ashwani Kumar, managing director (MD) and chief executive officer (CEO) of […]
The post Governance Reforms To Ensure Higher Growth For Longer, Say PSB Chiefs first appeared on Latest India news, analysis and reports on IPA Newspack.
The Forum’s Inauguration Celebrates 6th Anniversary of Cyberport Investors Network (CIN), Standing as a Network of Over 170 Members Facilitated an Accumulated Investment of over HK$ 2 billion (US$ 255 Million) HONG KONG SAR – Media OutReach – 1 November 2023 – Cyberport Venture Capital Forum 2023, an annual premier event in the global venture capital scene organised by Cyberport, inaugurated yesterday. Themed “Venture Forward: Game Changing […]
By James M Dorsey It took 11 days and the death of 256 Palestinians for US President Joe Biden’s preference for a bear hug rather than a sledgehammer approach to get Israel to halt the Gaza bombing in 2021. Even then, Biden needed to be blunt and go public to get what he wanted. After […]
The post President Biden’s Bear Hug Of Israel’s Netanyahu Is A Double-Edged Sword first appeared on Latest India news, analysis and reports on IPA Newspack.
Matein Khalid The Treasury bond bloodbath is no longer about Fed policy, inflation mojo or the business cycle. It is impossible for the Powell Fed to meet its dual mandate 2% inflation target with even a 6.5% Fed funds rate as 3Q GDP was a shocking 4.9%. We are doomed to relive the stagflation nightmare of the 1970’s when the Fed consistently mismanaged its inflation fight while […]
MUMBAI: JPMorgan has upgraded the domestic markets to ‘overweight’ (OW) from ‘neutral’ on the “positive historical seasonality to general elections.” The investment bank joins US-based peer Morgan Stanley to flag preference for the Indian markets, which has been the leading performer in the emerging market (EM) pack since 2021. JPMorgan sees cyclical and structural tailwinds […]
The post JP Morgan Upgrades India To ‘Overweight’ From ‘Neutral’ Ahead Of Elections first appeared on Latest India news, analysis and reports on IPA Newspack.
MUMBAI: Investment in the Indian capital markets through participatory notes rose over a six-year high at Rs 1.33 lakh crore at September-end, making it the seventh consecutive monthly increase, on the back of robust macroeconomic fundamentals. This is the highest level since July 2017 — when investment through the route stood at Rs 1.35 lakh […]
The post P-Notes Investment Continues To Swell For Seventh Month On Robust Macros first appeared on Latest India news, analysis and reports on IPA Newspack.
MUMBAI: India’s largest information technology (IT) services company, Tata Consultancy Services (TCS), has received a notice from the Maharashtra government’s Ministry of Labour & Employment regarding the company’s delay in onboarding lateral recruits. The complaint was filed by the Pune-based IT employees’ union, Nascent Information Technology Employees Senate (NITES), in July 2023. While the exact […]
The post TCS Gets Notice From Maha Labour Ministry Over Lateral Onboarding Delay first appeared on Latest India news, analysis and reports on IPA Newspack.
Matein Khalid The greenback was a one way bet since June when I had strongly recommended selling the Euro at 1.12 and the British pound at 1.31 since relative interest rate spreads/economic data momentum and central bank monetary policy all screamed another “buy me” spasm for King Dollar. The macro tea leaves got murky last week even as the war in Gaza escalates to IDF bombing raids […]
NEW DELHI: Foreign portfolio investors (FPIs) have withdrawn over Rs 12,000 crore from Indian equities this month so far, mainly due to a sustained rise in US bond yields and the uncertain environment resulting from the Israel-Hamas conflict. However, the story takes an intriguing turn on observing FPI activity in Indian debt as they have […]
The post FPIs Pull Out Rs 12,000 Crore From Equities So Far In October; Invest Rs 5,700 Crore first appeared on Latest India news, analysis and reports on IPA Newspack.
OPPO Find N3 and Find N3 Flip launched in global markets Both phones introduce breakthrough technologies in their category SINGAPORE – Media OutReach – 19 October 2023 – OPPO, the world’s leading smart device brand, today announced the global availability of its Find N3 and Find N3 Flip foldable smartphones. Each delivers breakthrough experiences across imaging, design, and usability, empowering customers to expect more from their next […]
NEW DELHI: Reserve Bank of India (RBI) governor Shaktikanta Das said interest rates will stay high, without offering any indication of when softening could start. Monetary policy must remain “actively disinflationary” to ensure the decline in retail inflation in recent months continues smoothly, Das said. “Interest rates will remain high. How long they will remain […]
The post Interest Rates Will Stay High For Now: RBI Governor first appeared on Latest India news, analysis and reports on IPA Newspack.
KOLKATA: The Reserve Bank of India (RBI) is likely to hold repo rates steady for a long period as easing of core inflation and high real interest rates provide comfort, but frequent volatility in food prices – albeit transient – requires monetary policy makers to be vigilant, according to the minutes of the monetary policy […]
The post RBI Cautious On Future Price Shocks, May Hold Repo Steady first appeared on Latest India news, analysis and reports on IPA Newspack.
Matein Khalid While hardly news to the cognoscenti of Dalal Street and Planet Desiwalla, India’s stock market has been on a roll and it seems as if everyone of the 330 million gods in the Hindu pantheon were cheerleaders for its bullish macro ballast. If James Bond has a license to kill, India is a license to make money since the end of the near biblical macro […]
NEW DELHI: The government will take a calibrated approach on cryptocurrency and is not going to rush ahead despite the recommendations of a synthesis paper prepared by the International Monetary Fund (IMF) and the Financial Stability Board (FSB) having been accepted by G20 finance ministers and central bank governors in Marrakech last week. While the […]
The post Government Set To Adopt Calibrated Crypto Approach, Won’t Rush first appeared on Latest India news, analysis and reports on IPA Newspack.
Producers’ inflation rate based on the Wholesale Price Index (WPI) remained in the negative zone for the sixth successive month at (-) 0.26 per cent in September, government data released on Monday showed. However, sequential data showed that deflation has come down. WPI inflation was (-) 0.52 per cent in August. Earlier, the government released retail […]
The post Wholesale inflation remained in deflation zone for the sixth successive month in September first appeared on Latest India news, analysis and reports on IPA Newspack.
The Indian economy is projected to grow by 6.3 per cent in FY24 with a minimum and maximum growth estimate of 6.0 per cent and 6.6 per cent respectively, according to the latest Economic Outlook Survey released by the Federation of Indian Chambers of Commerce and Industry (FICCI) on Monday. As per the chamber, the […]
The post GDP Growth Estimated At 6.3 Per Cent For 2023-24: FICCI Economic Outlook Survey first appeared on Latest India news, analysis and reports on IPA Newspack.
31 October – 1 November Event Brings Together Top Investors and Entrepreneurs to Examine Challenges and Uncover the Future Path of Hong Kong in Becoming the International Innovation and Technology Centre HONG KONG SAR – Media OutReach – 17 October 2023 – In the face of ongoing global uncertainties, economic and geopolitical issues, the annual Cyberport Venture Capital Forum (CVCF) returns this year with an inspiring theme […]
By Arun Kumar Shrivastav Under India’s presidency, The Group of Twenty (G20) unanimously adopted a regulatory roadmap for cryptocurrencies at a meeting in Marrakesh, Morocco, on October 13. The intergovernmental forum, comprising 19 sovereign countries, the European Union, and the African Union, accepted the proposals made in the joint report by the International Monetary Fund […]
The post G20 Adopts A Regulatory Roadmap For Cryptocurrencies On The Basis Of IMF Proposal first appeared on Latest India news, analysis and reports on IPA Newspack.
By Sushil Kutty ‘Global Jihad Day’, Friday, October 13, was an imposition on the non-Muslim world. The Muslim world has a grudge and the rest of the world has to pause and pay. It is about who is the aggressor and who is the silent sufferer? It is no longer ‘Hamas’, but the entire Muslim […]
The post Hamas-Israel War Has Been Taking Serious Global Dimension In A Week first appeared on Latest India news, analysis and reports on IPA Newspack.
Matein Khalid Anguished at the atrocities in Israel/Gaza, I turn to a happier and happening EM, my obsession du jour in deal heat. Mel Gibson, Sigourney Weaver and Billy Kwan’s tale of love and betrayal in the twilight of Sukarno’s Jakarta, the year of living dangerously. My interest is now beyond hanging out in the beach clubs of Uluwatu and Kota amid the mysticism and Aussie sheilas […]
By Prabhat Patnaik One of the most intriguing questions at present is why Europe’s political leadership has become complicit in what appear to be US efforts at undermining European economies. The well-known American investigative journalist Seymour Hersh, having already provided evidence that the United States was responsible for the blowing up of the Nord Stream […]
The post European Political Leaderships Are Complicit In US Efforts To Undermine Their Economies first appeared on Latest India news, analysis and reports on IPA Newspack.
By Sitaram Yechury Last Sunday, lakhs of central and state government employees converged in the capital New Delhi, demanding the restoration of the old pension scheme. The coverage of this massive rally was limited to describing it as an event, obscuring the reflection of a deeper economic malaise afflicting our country. According to the old […]
The post Economic Distress In The Country Is Accentuating Fast Under Narendra Modi first appeared on Latest India news, analysis and reports on IPA Newspack.
