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By Prabhat Patnaik India’s current account deficit for the second quarter (July-September) of 2022-23 has reached a massive $36.4 billion which is 4.4 per cent of the gross domestic product, higher than at any time in the last nine years. It is only in October-December 2012 that the absolute level of the current deficit had […]

The post India’s Balance Of Payments Crisis Touches Precarious Level Under Modi Regime first appeared on IPA Newspack.

By Dr. Gyan Pathak South Asia still needs to prepare for the worst since there are increasing signs of geo-economic fragmentations. Expenditure needs to meet the Sustainable Development Goals; equity needs to be improved through labour market and social protection reforms as well as gender policies, appropriate measures needed to mitigate and adapt to climate […]

The post South Asian Economy Needs To Prepare For The Worst first appeared on IPA Newspack.

By Subrata Majumder Concerns have been looming large on the sanctions on Russian oil, which is heading for another major oil shock in the world. Russia is the second biggest exporter of oil in the world. EU is the biggest importer of oil from Russia. EU has prohibited maritime exports of Russian oil and levied […]

The post India’s Oil Purchases From Russia Will Increase Substantially In 2023 first appeared on IPA Newspack.

By Sushil Kutty Will the Bharatiya Janata Party ever get more than a foothold in states south other than in Karnataka? The number of times the BJP has undertaken serious forays down south has been equalled only by the number of times the  Congress has launched Rahul Gandhi in politics, of which the ongoing Bharat […]

The post BJP Is Going All Out To Retain Karnataka In The Coming Assembly Polls first appeared on IPA Newspack.

Actor-politician Gayathri Raguramm, who was suspended from the BJP in November last year, announced on Tuesday that she is resigning from the party and claimed that women are not safe in the Tamil Nadu unit as “nobody cares about true karyakartas”. She blamed state BJP chief K Annamalai for her decision to quit the party. […]

The post Actor Gayathri quits BJP saying women not safe in party first appeared on IPA Newspack.

The woman coach, who alleged sexual harassment by Haryana Sports Minister Sandeep Singh, on Tuesday claimed that Chief Minister Manohar Lal Khattar has been trying to influence the probe. Speaking to the media after she appeared before the Special Investigation Team (SIT) of the Chandigarh Police, the woman said, “The SIT has been formed, everything […]

The post Accuser against minister alleges pressure to silence her first appeared on IPA Newspack.

By Arun Kumar Shrivastav The central government released draft regulations for the online gaming and gambling sector on January 2. Union Minister of State for Electronics and IT Rajeev Chandrasekhar said the government has begun consultations to frame detailed guidelines and regulations for India’s nascent gaming sector, which has registered impressive growth both in app […]

The post India Wakes Up To Challenges Posed By Spreading Online Gambling first appeared on IPA Newspack.

After top court’s big verdict on Centre’s 2016 note ban move, former Union Finance Minister P Chidambaram on Monday said the majority verdict by the Supreme Court has steered clear of the question whether the objectives of the demonetisation exercise were achieved at all. The ’minority’ judgement pointed out the ’illegality’ and the ’irregularities’ in […]

The post Opposition hails dissenting judgment on demonetisation first appeared on IPA Newspack.

By Nantoo Banerjee It is a pity that the government could not think of a better “new year gift for the country’s poor” than continuing to feed 81.35 crore Indians with free food grains for another year till December 31, 2023, under a 10-year-old National Food Security Act (NFSA), at a cost of over Rs.200,000 […]

The post Free Food Supply To India’s Poor Won’t Help Eradicate Poverty first appeared on IPA Newspack.

  By Satyaki Chakraborty Luiz Inacio Lula da Silva took office SundayJanuary1for a third term as Brazil’s president, in a ceremony marked by the absence of his predecessor Jair Bolsonaro and violent demonstrations by far right supporters in different parts of the country. The 77-year-old ex-metalworker, who previously led Brazil from 2003 to 2010, took […]

The post 2023 Starts With Lula’s Presidency In Brazil Amidst Big Regional Uncertainties first appeared on IPA Newspack.

By Ashis Biswas With old ethnic tensions being revived during the current pre –Assembly polls campaign in Tripura and Meghalaya, there is every likelihood of a more polarized vote in the Northeast. And the Bharatiya Janata Party (BJP) is largely responsible for this. As anticipated, the major controversy triggered by the ‘secret’ Assam police Special […]

The post Undercurrents Of Ethnic Tensions Revived In North East Before State Polls first appeared on IPA Newspack.

By Sushil Kutty Whoever says West Bengal Chief Minister Mamata Banerjee was mocked and jeered with cries of ‘Jai Shree Ram’ spontaneously by the crowd at the Vande Bharat event at Howrah is lying through his gutka-stained teeth. This was a planned protest and meant to rile and humiliate her in the presence of the […]

The post BJP Supporters ‘Jai Shree Ram’ Chanting Is Meant To Humiliate Opposition first appeared on IPA Newspack.

By Dr. Gyan Pathak The year 2023 is beginning with a prospect of more intensified labour and trade union movement in India. A convention of all Central Trade Unions is already scheduled to be held on January 30 to chalk out an intensive path for concrete struggle to be taken unitedly in the country against […]

The post Workers And Trade Unions Struggle To Intensify In 2023 first appeared on IPA Newspack.

By K Raveendran India is the world’s second largest steel producer after China. But in terms of per capita consumption of steel, India’s number is only about one-tenth of China’s. Steel consumption is considered a highly reliable index for a country’s development status. Yet, India is emerging as a source of hope for the global […]

The post World Steel Industry Gets Trapped In An Existential Crisis first appeared on IPA Newspack.

By Arun Srivastava Sons of the illustrious fathers are often evaluated into the backdrop of the long-drawn-out shadows of their dads. This is the common perception. The people expect same nature and dimension of performance as what their fathers have achieved. While indulging in this nature of appraisal they tend to conveniently forget that two […]

The post Akhilesh Yadav Still Lacks That Political Skill Which Was Hallmark Of His Father first appeared on IPA Newspack.

By Dr. Gyan Pathak Micro, Small and Medium enterprises in India struggled for revival in 2022, gained a little momentum, but could not realise its full potential, due to a range of hurdles they faced, including in accessing public finance, rising prices and high inflation increasing input costs, hike in interest rates making the investment […]

The post Indian MSME Sector In 2022 Struggled Hard To Revive first appeared on IPA Newspack.