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BENGALURU/CHENNAI (Reuters) – Nestle India (NEST.NS) on Thursday reported quarterly earnings above estimates on higher demand for its chocolates and Maggi instant noodles and also said its board approved a stock split. Profit increased to 9.08 billion rupees ($109.06 million) for the third quarter ended Sept. 30 from 6.61 billion rupees a year earlier, the […]

The post Nestle’s India Business Beats View On Price Hikes, Strong Domestic Demand first appeared on Latest India news, analysis and reports on IPA Newspack.

The Commission for Agricultural Costs and Prices (CACP) has called for a review of the government’s open-ended grain procurement policy to restrict rice and wheat purchase from the farmers for the meeting requirement under the National Food Security Act. The open ended procurement policy for rice and wheat has resulted in accumulation of huge stocks […]

The post Review Open-Ended Grain Procurement: CACP first appeared on Latest India news, analysis and reports on IPA Newspack.

The tragic, ongoing Israel-Hamas war is a harrowing reminder of the enduring geopolitical turmoil in the Middle East. Amidst this appalling crisis, the value of Bitcoin, a digital currency often categorised as a “risk on” asset class, has dropped, alongside most other riskier assets, including global stock markets. However, there are reasons, and also historical context, to suggest that due to its underlying core characteristics, should the […]

MUMBAI: The Reserve Bank of India (RBI) could consider rolling over a $5-billion foreign exchange swap set to mature next week as the central bank, which has repeatedly flagged inflationary risks stemming from excess funds with banks, prioritises liquidity management over bolstering forex reserves. Some investors believe that a current deficit in headline liquidity prints […]

The post RBI May Opt To Roll Over $5-Billion Forex Swap first appeared on Latest India news, analysis and reports on IPA Newspack.

MUMBAI: There is still some way until India’s dependence on imports of active pharmaceutical ingredients (APIs) and intermediates from China reduces, but the growth rate of imports has come down. While the production-linked incentive (PLI) scheme for bulk drugs (APIs) has boosted local production of some key APIs here, industry insiders say it would take […]

The post Bulk Drug Imports From China Slow, Shows Data first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: The demand for steel in India is expected to register a ‘healthy growth’ of 8.6 per cent against the overall global rise of 1.8 per cent in 2023, worldsteel said on Tuesday. It forecasts that global steel demand will grow 1.8 per cent in 2023 and reach 1,814.5 MT after having contracted by […]

The post India To See ‘Healthy Growth’ In Steel Demand At 8.6% In 2023: Worldsteel first appeared on Latest India news, analysis and reports on IPA Newspack.

Hani Abuagla The company famous for Mickey Mouse celebrates its first centenary in the midst of a restructuring process. This conglomerate is made up of three divisions, first of all theme parks, resorts, cruises and consumer products. Secondly, a complete portfolio of content and media businesses, including Walt Disney Studios, Pixar, Marvel, Lucas Film, 20th Century Studios, ABC, FX, National Geographic and Hulu, among others. Finally, ESPN, […]

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Imagine yourself in the following situation: you are about to make a purchase and are faced with a decision: do you want to buy in a digital marketplace using traditional cash or do you want to explore the world of cryptocurrencies? A remarkable confluence of virtual assets and online transactions has resulted from the enticing intersection of the e-commerce and cryptocurrency worlds. In the paragraphs that follow, […]

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.

NEW DELHI: A sharp decline in tomato prices may have caused the headline CPI (Consumer Price Index) inflation to plunge to 5.02% in September from 6.83% in August, but risks to food prices still persist, and experts see retail-food inflation staying above the 6%-mark in the second half of the current fiscal year. An erratic […]

The post Food Inflation May Remain Elevated, Seen Above 6% In H2 first appeared on Latest India news, analysis and reports on IPA Newspack.

MUMBAI: For Mukesh Ambani’s Reliance Industries (RIL), analysts estimate higher profit growth for the July-September quarter (second quarter, or Q2) of 2023-24 (FY24), while revenue growth is expected to remain subdued. Key monitorables include guidance on new energy capital expenditure, retail expansion, and telecommunication (telecom) tariffs. In a Bloomberg poll, 12 analysts estimated consolidated revenue […]

The post Muted Revenue Growth, Higher Profitability For RIL In Quarter Ending 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.

By Nantoo Banerjee It may be a bit early to predict economic consequences of the ongoing Hamas-Israel armed conflict on the world economy, but India is bound to be impacted if the war continues for long and oil prices keep soaring through the coming winter months. The war is now running through the second week. […]

The post Hamas-Israel Armed Conflict Brings Fresh Risks To World Economy first appeared on Latest India news, analysis and reports on IPA Newspack.

By Nilanjan Banik The World Health Organization (WHO) calls it Disease X. It does not exist now, but it is a concept floated by WHO to gauge the readiness of any country to fight a pandemic in the future. The model underscores the importance of vigilance, research, and preparedness in the face of emerging infectious […]

The post Developing Countries Have To Take Seriously Who Report On Possibility Of Deadly X first appeared on Latest India news, analysis and reports on IPA Newspack.

  When Priyanka Gandhi Vadra last week announced a monthly dole for one crore school children in poll-bound Madhya Pradesh, she added over Rs 10,000 crore to the state’s prospective annual freebies bill, swelling the worth of the Congress’s various promises to over Rs 50,000 crore. Whoever wins Madhya Pradesh come December 3, the state […]

The post Sops to burden new MP govt with Rs 50,000-cr ‘freebie bill’ first appeared on Latest India news, analysis and reports on IPA Newspack.

The BJP’s big push to change its fortunes in the region, which had spurned it in the last Madhya Pradesh assembly polls, seems to be facing some headwinds as regional factors take precedence and the Congress’ pitch for change challenges the ruling party’s narrative woven around the planks of development and welfarism. Across several constituencies […]

The post BJP leans on welfare push as Modi draws large crowds first appeared on Latest India news, analysis and reports on IPA Newspack.

TAIPEI, TAIWAN – Media OutReach – 13 October 2023 – The 2023 Siraya Go CreCar held its promotional press conference today (October 12th) at the MOTC in Taipei. The event was filled with spectacular performances, including a lively cheerleading squad that brought the atmosphere to a climax. Invited guests included the official of the MOTC Chen,Yen-Po, the official of the Tourism Administration Chen,Yen-Po, the representative from the […]

Live Festival surpassed records with 30 million engagements KUALA LUMPUR, MALAYSIA – Media OutReach – 13 October 2023 – Shopee achieved a historical milestone this 10.10 Shopee Live Festival, with a remarkable 120 times uplift* in “Add to Cart” conversions, driven by increased new user traffic and high user engagements on peak day itself. Malaysians participated in fun and interactive live stream sessions, enjoyed live-exclusive vouchers from […]

Arabian Post Staff Defying global economic challenges, the Middle East and North Africa (MENA) region’s construction sector continued to demonstrate strong performance with a total of $101 billion worth of projects awarded in the first half of the year, reveals JLL’s latest Construction Market Intelligence report, which is based on insights gathered from industry sources and experts. The largest share of the project value, approximately 67%, came […]

M Saad Israeli strikes have so far killed more than 1600 people in Gaza By 1946, Israel was a tiny, scattered nation on the world’s map hanging by the Mediterranean littoral that relied largely on foreign aid to manage its affairs. Today, the Jewish nation is synonymous with power, military prowess and swaggering diplomacy and is clearly bestriding the Middle East, where the majority of Arab nations […]

HONG KONG SAR – Media OutReach – 13 October 2023 – Today, IX Asia Indexes announced the 2023 3rd quarter review of the ixCrypto Index (“IXCI”) and ixCrypto Portfolio Indexes. The constituent changes and recapping at 40% of IXCI and ixCrypto Portfolio Indexes will be effective on 20th October 2023 (Friday). Results of the constituent review and exchange review as follows: 1. Constituent Review 1.1. ixCrypto Index […]

Best months to buy gold according to Octa analysts In this article, Octa expert examines recurring seasonal gold patterns and their influencing factors. KUALA LUMPUR, MALAYSIA – Media OutReach – 13 October 2023 – Like the blossom in spring and the harvest at the end of summer, gold shows recurring seasonal patterns or seasonality trends in its market performance. Let’s look at how seasonality and cyclicality affect […]

By Satyaki Chakraborty Is US President’s son Hunter Biden putting pressure on the US administration to tighten noose around the Bangladesh government headed by the Prime Minister Sheikh Hasina to pursue the agenda of the ruling Awami League’s rival Bangladesh Nationalist Party (BNP) before the general elections scheduled early next year? The issue has assumed […]

The post Is Hunter Biden Influencing Washington’s Decisions Targeting Awami League Govt? first appeared on Latest India news, analysis and reports on IPA Newspack.

Rania Gule The digital currency markets, particularly Bitcoin and Ripple, have experienced their worst performance in recent weeks, and this wasn’t significantly related to the geopolitical situation in Palestine. However, there have been some positive legal developments, particularly regarding Ripple, but these haven’t yet translated into realistic price improvements for Ripple. Additionally, Ripple had to accept the resignation of its Chief Financial Officer, Christina Campbell, who joined […]

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