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By Anjan Roy Now that the Federal Reserve, European Central Bank and Bank of England have all raised their policy interest rates to fight inflation, there might be further flutters in the financial sector and several other banks might be nervous about the future. However, the central bankers have flatly stated that their primary responsibility […]

The post Indian Economy Is Still In A Position To Insulate Itself From Global Turmoil first appeared on IPA Newspack.

Maintained a Steady Growth Momentum with Revenue Up 13.5% Mobile Display and Mobile Touch ICs Delivered Outstanding Performance Financial Highlights: Sales revenue increased by 13.5% to US$ 190.8 million Gross profit was US$ 65.5 million with a 34.3% gross margin Profit attributable to owners of the parent increased by 16.8% to US$ 27.8 million Shipment volume reached 312.9 million units in 2022 Earnings per share increased by […]

The Congress has planned a nationwide “save democracy” movement to protest against the disqualification of Rahul Gandhi as the member of parliament, a day after a court convicted him of defamation for comments that many considered insulting to Prime Minister Narendra Modi. The decision was taken at a strategy meeting on Friday attended by top […]

The post Cong plans nation-wide ‘save democracy’ protest first appeared on IPA Newspack.

Between economic boom and normalization: Dachser generates an additional billion EUR in revenue and plans investments of over EUR 300 million KEMPTEN/MUNICH – Media OutReach – 24 March 2023 – For the 2022 financial year, logistics provider Dachser reports revenue of EUR 8.1 billion (+14.9 percent), marking the second consecutive year of double-digit growth. A high level of logistics expertise, reliability, and the quality of services were […]

PESHAWAR, Pakistan: One person was killed and eight others injured during a stampede for free flour in inflation-wracked Pakistan on Thursday, the first day of the holy month of Ramadan.The price of

By Krishna Jha India has entered one of its darkest phases of deprivation when the annual income of the poorest 20 percent has fallen by 53 percent and still continues to fall from the level of 2015-16. Since last three decades, economy was evolving at the rate of seven percent a year and was going […]

The post Annual Income Of Poorest 20 Per Cent Of India Continuing With Its Decline first appeared on IPA Newspack.

By P Sudhir After seven days of disruption of parliamentary proceedings, the government is now planning to cut short the second half of the budget session by guillotining the demands for grants and passing the finance bill without any discussion. The peculiarity of this decision stems from the fact that it is the ruling party […]

The post Modi Government’s Dealing Of Adani Issue Is A Denigration Of Parliament first appeared on IPA Newspack.

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By P. Sreekumaran THIRUVANANTHAPURAM: The statements by two influential bishops of the Catholic Church on rubber prices and support to the Bharatiya Janata Party (BJP) have taken the political parties in the State by surprise. If the offer is backed by various Christian bodies, it could signal a paradigm shift in Kerala politics. The first […]

The post Paradigm Shift In Kerala Politics In Offing? first appeared on IPA Newspack.

SINGAPORE – Media OutReach – 22 March 2023 – OneHypernet, a money transfer network that connects financial institutions for foreign exchange (FX) payments, has announced that small and medium-sized enterprises (SMEs) can now access wholesale FX rates for their money transfers / remittances. In addition, SMEs receive cashback on their transactions. OneHypernet offers price matching via WhatsApp, ensuring that SMEs get the best possible rates. SMEs are […]

With Archicad Collaborate, architects now have easy, affordable access to powerful BIM technology for design and cloud collaboration. BUDAPEST, HUNGARY – Media OutReach – 22 March 2023 – Graphisoft, the leading Building Information Modeling (BIM) software solutions developer for architecture and engineering, today introduces Archicad Collaborate. This subscription-based offer combines award-winning Archicad for architectural design with BIMcloud SaaS for fast, efficient, secure access to shared projects in […]

By Dr. Gyan Pathak Kisan Mahapanchayat, the Grand Assembly of the Farmers held on March 20 in Delhi, has signalled a bigger farmers’ movement on the cards. It was held after about four months of their beginning the second leg of farmers’ movement on November 26, 2022, when farmers marched to submit memorandums to governors […]

The post Kisan Mahapanchayat Signals Bigger Farmers Movement first appeared on IPA Newspack.

The Congress on Sunday said women in Madhya Pradesh will get a monthly aid of Rs 1,500 and a cooking gas cylinder will be made available for Rs 500 if the party is voted to power in the upcoming Assembly polls. Making the announcement, state Congress president Kamal Nath slammed Chief Minister Shivraj Singh Chouhan, […]

The post Cong promises Rs 1,500 monthly assistance for women first appeared on IPA Newspack.

By K Raveendran Gold is within striking distance of $2,000 per ounce in the international market and seems set to revisit its historical high, which was $2067 in August 2020.  The latest price is around $1962 and is showing no signs of any immediate correction. In India, the precious metal has already touched a lifetime […]

The post Gold Near $2,000 And Fast Approaching Its Life-Time High Amid US, Swiss Banking Crisis first appeared on IPA Newspack.

Buyers’ confidence has improved with the full reopening of the Hong Kong-mainland China border, Q1 residential transaction numbers now expected to climb by 49% q-o-q to approximately 12,500 transactions Q1 2023 residential prices rebounded to end decline since 2H 2022, with increases most notable in starter home and mass market segments Market sentiment further supported by Ad Valorem Stamp Duty reduction, developers to expedite new project launches, […]

Revenue at RMB3,086 Million Net Profit at RMB448 Million Total Dividend for the year at HK32 Cents Per Share HONG KONG SAR – Media OutReach – 17 March 2023 – China Lilang Limited (“China Lilang” or the “Company”, together with its subsidiaries the “Group”; stock code: 1234) has today announced its 2022 annual results. Mr. Wang Dong Xing, Chairman and Executive Director of China Lilang, said, “In […]

By Arun Kumar India’s per capita income, representing the average income of an Indian citizen, has risen from INR 79,000 in 2013–14 to INR 1,71,000 in 2022–23 — an increase of 116 percent. Therefore, some claim that incomes have more than doubled in India since the present ruling dispensation took office. The catch is that: […]

The post Indian Economy Is Showing Rising National Income With Decline In Social Welfare Of People first appeared on IPA Newspack.

“. The Chief Minister of Maharashtra Eknath Shinde, Deputy Chief Minister Devendra Fadnavis are likely to meet the agitating farmers at 3pm today. The massive march is likely to continue towards Mumbai till the two meet the kisans. On Wednesday, there was a round of talks between the agitating Kisans and two minister, which according […]

The post Mega Kisan march nears Mumbai, meeting with CM today first appeared on IPA Newspack.

SINGAPORE – Media OutReach – 16 March 2023 – In a digital-first world, enterprises are generating data at breakneck speed as they integrate technology into all areas of the business to adapt to market and digital disruptions. Over the last few years, market changes in the automotive sector have created a growing value gap between manufacturers and consumers. Industry disruptions such as changing customer digital behavior, stricter […]

By Anjan Roy One swallow does not make a summer, the old proverb goes. But even a single swallow can give some hopes for a return to better times. A softer trend in the wholesale prices, as revealed in the latest figures, had ignited demands for a softer stance in monetary policy of the Reserve […]

The post Blunt Tool Of Interest Rate Hikes: Case For A Relook first appeared on IPA Newspack.

Matein Khalid There was no way Uncle Sam was going to allow a mass extinction event to destroy thousands of VC funded tech and life science startup to be wiped out due to the collapse of Silicon Valley Bank (SVB). The “flight to quality” trade, illustrated by a steep plunge in the yield of the 2 year US Treasury note from 5.07% last Wednesday to 4.35% is […]

By Saifur Rahman Riyadh Air, the new Saudi Arabian carrier launched by the Public Investment Fund (PIF), said it will buy 72 Boeing 787 Dreamliners including 39 confirmed orders with 33 on options, just two days after the airline’s formal announcement. With an average price tag of US$240 million apiece, this announcement represents a value worth US$17.28 billion at list prices. Airlines, however extracts hefty discounts on […]

By Anjan Roy A prominent private bank in the United States — the country’s sixteenth largest— has failed and this can have significant impact on the Indian technology industry. Silicon Valley Bank —better known by its acronym SVB— has gone into liquidation. This was one of the 20 largest banks in the USA and its […]

The post Silicon Valley Bank Collapse Sends Chills Down Indian Tech Sector first appeared on IPA Newspack.

By Ben Burgis The republican theory of freedom is the idea that the most important kind of freedom is freedom from domination. It’s important for the Left talk about freedom in the first place. We see “freedom” invoked to defend everything from the right of corner gun shops to sell AR-15s without background checks to […]

The post Socialism Is All About Expanding Our Degrees Of Freedom first appeared on IPA Newspack.

By K Raveendran The International Monetary Fund (IMF), which is in principle opposed to all forms of subsidies, has favoured a gradual increase in subsidies by India on the use of renewable energy, while collecting higher taxes on emissions. IMF considers energy subsidies as wasteful expenditure and estimates that as much as 6.5 percent of […]

The post IMF Favours India Increasing Subsidies On Renewable Energy For Net Zero Success first appeared on IPA Newspack.

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