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Maharashtra Deputy Chief Minister Ajit Pawar on Sunday took a veiled jibe at Nationalist Congress Party founder Sharad Pawar by alluding to his age and speaking about the “sentimental appeal of a last election”. The Sharad Pawar faction hit back claiming the comments were “inhuman” and accused the deputy CM of “praying for the death” […]

The post Ajit jibe against Pawar over ‘last election’ first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: The Centre is likely to give up on the plan to monetise stadiums, while reworking the strategy for the iconic Ashok Hotel in the national capital. It is likely to offer the hotel under the PPP mode through a single transaction, sources told TOI. This means the plan to monetise asset of the […]

The post Government To Shelve Stadium Monetisation first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: This budget demonstrates the confidence that the government’s structural reforms over the last 10 years, including the Covid-related actions, have set the economy on a sustainable growth path, chief economic adviser V Anantha Nageswaran said. The next-generation reforms alluded to by FM Sitharaman in her budget speech were nothing out of the ordinary […]

The post Thrust Is On Letting Economy Grow On Its Own Momentum: Chief Economic Advisor first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: Setting a high annual disinvestment target can potentially create an “overhang in the market” and could be detrimental to the value creation strategy of central public sector enterprises (CPSEs) concerned, Department of Investment and Public Asset Management (DIPAM) secretary Tuhin Kanta Pandey said on Friday. In an interview to ET, he said the […]

The post High Selloff Target Can Potentially Create Overhang In The Market, Says DIPAM Secretary first appeared on Latest India news, analysis and reports on IPA Newspack.

MUMBAI: After touching an all-time high of Rs 3.4 trillion last month, the liquidity deficit in the banking system has started to ease. The liquidity deficit declined to Rs 2.4 trillion on Thursday, reflecting a fall of around Rs 1 trillion, according to the Reserve Bank of India data. Experts say that the days of […]

The post Liquidity Deficit Eases To Rs 2.4 Trillion After December High first appeared on Latest India news, analysis and reports on IPA Newspack.

West Bengal Chief Minister Mamata Banerjee on Friday challenged the Congress to take on the Bharatiya Janata Party (BJP) in the Hindi heartland states while doubting the ability of the grand old party to secure ‘even 40 seats’ in the upcoming Lok Sabha election, hours after Rahul Gandhi expressed optimism about resolving the seat-sharing deadlock […]

The post Mamata says it’s doubtful if Cong can win even 40 seats in LS poll first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: Shares of state-owned HUDCO zoomed 20 per cent higher on Thursday after Finance Minister Nirmala Sitharaman announced building 2 crore more houses for the rural poor in the next five years. These 2 crore houses will be built under the PM Awas Yojana (Grameen). The stock surged 19.99 per cent to close at […]

The post HUDCO Stock Zooms 20 Per Cent first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: The government has proposed increasing the investment of eight state-owned power companies by nearly 14 per cent to Rs 67,286.01 crore during financial year 2024-25. This compares to an investment of Rs 59,119.55 crore for the current financial year under revised estimate. The annual investment by these eight power sector firms for the […]

The post Public Sector Power Companies Investment To Rise 14 Per Cent first appeared on Latest India news, analysis and reports on IPA Newspack.

WASHINGTON: The US has announced a steep increase in fees for various categories of non-immigrant visas like the H-1B, L-1 and EB-5, the most popular among Indians. The fee hike, first after 2016, will come into force from April 1. The H-1B visa is a non-immigrant visa that allows US companies to employ foreign workers […]

The post US Hikes H-1B, EB-5 Visas Fees first appeared on Latest India news, analysis and reports on IPA Newspack.

By Sushil Kutty After Hemant Soren, will it be the turn of Arvind Kejriwal. Both of them Chief Ministers who became targets of the Enforcement Directorate. The Jharkhand Chief Minister got arrested and had to resign. Hemant Soren says he will fight to win; fighting words, but the writing is on the wall. Problem is, […]

The post Will Arvind Kejriwal Be The Next On The Pattern Of Hemant Soren? first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: When Union Finance Minister Nirmala Sitharaman rose to present the Interim Budget on Thursday, it was an open question as to whether it would focus on consolidating the gains made in recent years on fiscal consolidation, or move towards full-throated populism in anticipation of general elections in the next few months. The answer […]

The post FM Sitharaman’s Interim Budget Is High On Confidence, Not On Populism first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: Finance Minister Nirmala Sitharaman set a target for raising Rs 50,000 crore through divestment receipts and monetisation of public assets in the financial year 2024-25. However, the government, for the first time, did not reveal the specific target for divestment for the next fiscal year. The receipts from asset monetisation, along with proceeds […]

The post Interim Budget: Disinvestment, Monetisation Target Set At Rs 50,000 Crore first appeared on Latest India news, analysis and reports on IPA Newspack.

By Anjan Roy The interim budget presented on February 1 is a hopeful document, pinning its faith on the continued buoyancy of the Indian economy. At the outset, the finance minister, Nirmala Sitharaman, should be complimented for presenting the shortest and a crisp budget speech, instead of a meandering one of at least one and […]

The post Sitharaman’s Interim Budget 2024-25 Is Focused And Future-Centric first appeared on Latest India news, analysis and reports on IPA Newspack.

By K Raveendran Finance Nirmala Sitharaman’s interim budget speech sounded like a well-crafted compendium of compliments to Prime Minister Narendra Modi. It was as though she was singing her swan song, and an ode to the greatness of her mentor, rather than on what the government planned to do in the days ahead. It also […]

The post Nirmala Sitharaman’s ‘Swan Song’ Budget Speech Is Virtually An Ode To Modi first appeared on Latest India news, analysis and reports on IPA Newspack.

While BJP leaders called the Interim Budget 2024-25 “encouraging” and “empowering”, opposition leaders expressed disappointment calling it an “anti-people budget”. The key highlights of the Interim Budget 2024-25 include “no changes” to the taxation system — both direct and indirect — including import duties. FM Sitharaman said that the “target is to reduce the fiscal […]

The post Opposition calls Interim Budget 2024-25 as ‘anti-people’ first appeared on Latest India news, analysis and reports on IPA Newspack.

West Bengal Chief Minister Mamata Banerjee on Wednesday accused the Congress of teaming up with the CPI(M) to strengthen the BJP in the state in the upcoming Lok Sabha elections. Banerjee, who was speaking at a public distribution programme here, said the TMC decided to fight the upcoming polls alone in West Bengal after the […]

The post Mamata says not a single seat would be shared first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: Finance Minister Nirmala Sitharaman on Thursday proposed tax benefits for start-ups and pension funds. The government has taken measures to promote start-ups in the country. As many as 1.17 lakh start-ups are recognised by the government so far. Under the Startup India Action Plan unveiled on January 16, 2016, the government provides tax […]

The post Budget 2024: Government Proposes Tax Benefits For Start-Ups, Pension Funds first appeared on Latest India news, analysis and reports on IPA Newspack.

By K R Sudhaman The interim budget 2024-25 presented ahead of the General elections in April-May is slightly different from previous interim budgets in the sense it made no major tax announcements keeping in line with the convention. What is significant is that the budget speech was short, less than an hour, and that it […]

The post Pre-Election Interim Budget 2024-25 Smacks Of Confidence Of Modi Govt first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: The Indian government will spend a record ₹11.11 trillion ($133.87 billion) on infrastructure creation in 2024/25, to ensure the Asian nation remains one of the world’s fastest growing major economies. The allocation for capital expenditure for the financial year starting April 1 is 11.1 per cent higher than the capex for the current […]

The post Government Raises 2024-25 Capex Spend To Record ₹11.11 Trillion first appeared on Latest India news, analysis and reports on IPA Newspack.