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By James M Dorsey A recent survey of Iranian public opinion suggests that the lack of confidence in a Middle Eastern regime is starkest in Iran, although crisis-wracked Lebanon, Egypt, or Syria may compete. Surveyed in late December by the Netherlands-based Gamaan Institute, an overwhelming majority of the 158,000 respondents in Iran and 42,000 Diaspora […]

The post Survey Finds Iran To Be Ripest Country In Middle East For A Revolution first appeared on IPA Newspack.

By K Raveendran Further hikes in steel prices are in the offing as upside risks in the global markets have strengthened in recent weeks. Faced with a decline in global production, manufacturers across the world are raising their prices. Indian steel mills have already effected a 3-5 percent increase in prices across the board, with […]

The post Reversal Of Fortunes For Steel Industry As Price Increase Picks Up Momentum first appeared on IPA Newspack.

NetApp reaffirms its leadership position with deep innovation across its storage portfolio, adding mid-market and entry level options to help customers navigate current economic conditions and constrained budgets SINGAPORE – Media OutReach – 8 February 2023 – NetApp® (NASDAQ: NTAP), a global, cloud-led, data-centric software company, today announced the upcoming availability of the NetApp AFF C-Series, a new family of capacity flash storage options that deliver lower […]

By Kalyani Shankar How does one assess the impact of Congress leader Rahul Gandhi’s just completed Bharat Jodo yatra? Has he achieved his goal vis-a-vis himself, his party and the Opposition? The answer is yes; he has partially succeeded in his image makeover. But about the Party and the Opposition, it is too soon to […]

The post After Yatra’s Success, Rahul Gandhi’s Main Task Should Be To Energise The Congress first appeared on IPA Newspack.

By Dr. Gyan Pathak While policies and institutional arrangements aimed at intensification and growth of the Indian agriculture sector are inevitable for the livelihoods and food security of the country’s vast population, the inclusion of land-constrained farmers especially women, therein requires certain fundamental changes in the approaches. This observation has been made in an ADBI […]

The post India Needs Fundamental Changes In Agricultural Policies first appeared on IPA Newspack.

By Nantoo Banerjee The Russia-Ukraine war will complete a full year on February 23, this year. And, there is no sign of the war coming to an end any time soon. In fact, the armed conflict between the two East European neighbours is becoming deadlier by day. As of January 29, this year, the UN […]

The post West Unlikely To Stop Fuelling Russia-Ukraine War Soon first appeared on IPA Newspack.

By Dr. Gyan Pathak Under normal circumstances, comprehensive and wide-ranging reforms undertaken in the economy during the last eight years, would have accelerated India’s growth. But that was not to be. The ‘culprit’ is India’s balance sheet stress caused by the credit boom in previous years. This scapegoat for deceleration of the Indian economy since […]

The post Shocks That The Indian Economy Faced Since 2014 first appeared on IPA Newspack.

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The year 2022 remains in the rear-view mirror. There was no shortage of buzz in the market last year: rising interest rates, an ongoing inflation shock, and, as a result, falling stock markets and a strengthening dollar. KUALA LUMPUR, MALAYSIA – Media OutReach – 6 February 2023 – The year 2022 remains in the rear-view mirror. There was no shortage of buzz in the market last year: […]

By James M Dorsey Prime Minister Binyamin Netanyahu has put Israel’s closest allies and some of his key partners on the spot. So has a generation of Palestinian youth that has nothing to lose and no longer sees fruitless engagement with and acquiescence of the Jewish state as a means of realizing their national and […]

The post Israelis And Palestinians Do What They Do Best, But For Wrong Reasons first appeared on IPA Newspack.

HONG KONG SAR – Media OutReach – 2 February 2023 – On 30 January 2023, HSBC Global Research (“HSBC”) published a report pointing out that Fosun International Limited (“Fosun International” or the “Company”) (HKEX: 00656) is recovering vigorously. HSBC maintained “Buy” rating on Fosun International and raised the target price to HK$11.50. HSBC pointed out that Fosun’s secured RMB12 billion syndicated loan is the largest private enterprise […]

#beyourbestlover this February as iShopChangi celebrates the month dedicated to love with a myriad of exciting offers to indulge in. Enjoy up to 75% off in sitewide discounts, on top of hard-to-miss deals! SINGAPORE – Media OutReach – 1 February 2023 – From 1 to 28 February 2023, prepare to be enamoured as iShopChangi celebrates romance and self-love this season. With flash sales, exclusive curated gifts and […]

By K Raveendran With China slowly reopening after it abandoned the zero-Covid policy, global markets are bracing up for an industrial inflation, denoting higher industrial material prices. Already signs of importers of Chinese goods and materials having to dish out more for their requirements are visible, according to analysts. China’s zero-Covid policy has been central […]

The post China Reopening Changing Market Dynamics Impacting Importers first appeared on IPA Newspack.

By P. Sreekumaran THIRUVANANTHAPURAM: It has become a nauseatingly unredeemable tale of rejection and rebuff for Kerala. True to pattern, the State has once again been given the cold shoulder in the Union Budget. None of the demands made by the state have been accepted. The only silver lining has been the decision to increase […]

The post Union Budget 2023-24: Kerala Again Cold Shouldered first appeared on IPA Newspack.

By Dr K R Shyam Sundar The Economic Survey (ES) 2022-23 prepared the ground for the focus points in the Union Budget 2023-24 presented on February 1… Labour law reforms were implemented. It is not a question of the Union Government’s failure. It is the duty of the Union Government to pass laws and frame […]

The post 2023-24 Budget Keeps Key Issues Of Indian Workers Unaddressed first appeared on IPA Newspack.

LONDON: After a challenging 2022 in which advertising-dependent companies faced shrinking budgets and cratering stock prices, fourth-quarter results this week from Alphabet, Meta Platforms and Snap

By Dr. Gyan Pathak Union Budget 2023-24 is deceptive. The very presumptions of revenue and growth are overestimated, promises made are too high to be realized, allocations made are inequitable for different sectors as well as social groups, and the higher allocations made for certain sectors are being energetically overplayed. If the Indian Economy is […]

The post Deceptions In Plenty In The Union Budget 2023-24 first appeared on IPA Newspack.

KUALA LUMPUR, MALAYSIA – Media OutReach – 3 February 2023 – Colony Coworking Space, a leading provider of flexible office solutions, has just announced the introduction of their new “Best Price Guarantee” for private offices at its wholly-owned Jerry Coworking Space. With this guarantee, businesses and entrepreneurs can show Jerry Coworking Space their best competing price of any coworking space in Klang Valley, and Jerry Coworking Space […]

By Saifur Rahman The International Monetary Fund (IMF) this week approved a 42-month credit line of US$4.7 billion including US$3.3 billion under the Extended Credit Facility (ECF) and Extended Fund Facility (EFF), as well as US$1.4 billion under the newly created Resilience and Sustainability Facility (RSF). This approval enables the immediate disbursement of US$476 million. Bangladesh is the first Asian country to access the RSF. “The 42-month […]

By P. Sudhir A small US investor firm has challenged the Indian behemoth, the Adani group, and shaken it to its foundations.  The Hindenburg Research, a short selling firm, brought out a 129-page report on the Adani group marshalling evidence of all the funding operations and offshore activities of the 578 subsidiaries and shell companies […]

The post Investigation Into The Entire Business Activities Of Adani Group Is Imperative first appeared on IPA Newspack.

Adani Enterprises Ltd has called off its Rs 20,000-crore share sale, saying it would not be “morally correct” in the current market condition. Adani Enterprises chief Gautam Adani has said although the FPO closed successfully yesterday, “the market has been unprecedented (today), and our stock price has fluctuated over the course of the day”. “Given […]

The post Adani ditches share issue on ‘moral’ grounds first appeared on IPA Newspack.

By K Raveendran Increased tax collections in view of a post-Covid pickup in the economy, easing of commodity prices as part of a global trend and lower subsidies on account of a reduction in food and fertilizer subsidy, apart from the withdrawal of Covid-related reliefs have given finance minister Nirmala Sitharaman a lot of elbow […]

The post Relatively Favourable Conditions Help Finance Minister Go For A Capex Boost first appeared on IPA Newspack.

SINGAPORE – Media OutReach – 1 February 2023 – Chubb has announced the appointment of Omar Ghaznawi as Regional Head of International Personal Lines (IPL) for the Asia Pacific region, effective 1 February 2023. He will be responsible for managing and developing the region’s automobile, residential, specialty personal lines, and high-net-worth insurance businesses. Omar is currently based in New York as Vice President, Global Head of Residential, […]

DUBAI:  Middle East-based investors are highly attracted to the U.S. real estate market due to its stability, security, and growth.  To meet this increased investor demand, Glenwood Equity has partnered with U.S.-based Patel Family Office to set up new bases of operation in Abu Dhabi, Riyadh, Sharjah, Kuwait, Bahrain, Istanbul, Jeddah, Oman, Qatar, and Doha.  The local bases will liaise with the partnership’s Dubai hub to support high net worth private investors, wealth advisers, and strategic […]

By Dr. Gyan Pathak Economic Survey 2022-23 is clearly optimistic on Indian economy with downside risks not getting proper focus in the analysis of the policy makers. Though it has projected India’s GDP growth at 6-6.8 per cent for 2023-24, has also cautioned that even as India’s outlook remains bright, global economic prospects are weighed […]

The post Economic Survey 2022-23 Too Optimistic With Downside Risks In Economy first appeared on IPA Newspack.

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