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NEW DELHI: The government has banned exports of onion till March next year with a view to increase domestic availability and to keep prices in check. “Export policy of onions… Is amended from free to prohibited till March 31, 2024,” the Directorate General of Foreign Trade (DGFT) said in a notification. Local vendors in the […]

The post India Bans Onion Exports Till March Next Year first appeared on Latest India news, analysis and reports on IPA Newspack.

HONG KONG SAR – Media OutReach Newswire – 8 December 2023 – Y Hotel Hong Kong, a proud member of the prestigious ONYX Hospitality Group’s Mosaic Collection, is thrilled to announce its upcoming one-year anniversary in December. To mark this special occasion, the hotel unveils a panoply of exclusive offers and promotions to woo valued guests worldwide. Guests can experience the epitome of luxury and comfort while […]

NEW DELHI: The Centre on Wednesday sought approval of Parliament for gross additional spending of Rs 1.29 trillion including Rs 14,524 crore for Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) and Rs 13,351 crore for fertiliser subsidy. “Approval of Parliament is sought to authorise gross additional expenditure of Rs 1,29,348.85 crore. Of this, the […]

The post Govt Seeks Nod For Rs 14,524-Crore Extra Spending On MGNREGS first appeared on Latest India news, analysis and reports on IPA Newspack.

MUMBAI: The RBI’s high-powered rate setting panel on Wednesday began its 3-day brainstorming on the next set of bi-monthly monetary policy amid expectation of continued pause on the short-term key lending rate as GDP growth is gaining momentum, and inflation manageable. RBI left the benchmark policy rate (repo) unchanged in its past four bi-monthly monetary […]

The post RBI MPC Meet Begins Amid Expectations Of Status Quo On Interest Rate first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: The next spectrum auction will be held in late February 2024 and the reserve price for most bands will remain the same as the 2022 auction, department of telecommunications (DoT) officials have said. The government expects operators to go for low bands beginning in 600 megahertz (MHz), licences for many of which are […]

The post Next Spectrum Auction To Be Held In February, Reserve Price To Remain Same first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: India’s renewable energy capacity addition is expected to grow by more than 33 per cent Y-o-Y to 20 gigawatts (GW) in FY24 ending March 2024, aided by a reduction in prices of solar photovoltaic (PV) cells and modules, in abeyance of the ALMM order, among other factors. Ratings agency ICRA expects India’s installed […]

The post Renewable Energy Capacity Expected To Grow 33 Per Cent To 20GW In FY24 first appeared on Latest India news, analysis and reports on IPA Newspack.

Share of regional cross-border investment within Asia Pacific reached a 6-year high at 18% in Q3 2023 Mainland China investors dominated local CRE market activity in Q3 to take an all-time high of 96% of total quarterly investment volume HONG KONG SAR – Media OutReach Newswire – 7 December 2023 – Asia-based capital continued to dominate the commercial real estate (CRE) investment market in Asia Pacific this […]

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HONG KONG SAR – Media OutReach Newswire – 7 December 2023 – Hong Kong’s economy is expected to grow slightly in 2024, CPA Australia’s latest survey on Hong Kong’s economic and business outlook indicates. The survey results also show anticipated weak demand has led many companies to be more conservative in their 2024 business forecasts and switch to more prudent strategies. Soaring interest rates will continue to […]

MUMBAI: Benchmark stock indices Sensex and Nifty settled at new peaks on Tuesday, rallying for the sixth straight session amid massive buying in power and utility sector shares. The 30-share BSE Sensex jumped 431.02 points, or 0.63 per cent, to close at a new record high of 69,296.14. The broader index Nifty also climbed 168.50 […]

The post Stock Markets Hit New Record Highs first appeared on Latest India news, analysis and reports on IPA Newspack.

In the world of Bitcoin trading, success remains elusive for many due to common pitfalls. This article delves into the reasons behind the failure of most traders in BTC markets. From overconfidence to emotional trading and misunderstanding leverage, understanding these factors is essential for aspiring traders. A significant factor in the success of BTC trading is the use of advanced tools which automate and streamline the trading […]

By Anjan Roy One of the most powerful global credit agencies, Moody’s, has downgraded China’s economic outlook to negative from stable. This has major implications for a country in the financial markets and as a reliable destination for global investors. Immediately, this change might not affect China’s investments or borrowings. But a downward revision of […]

The post Moody’s Downgrading China’s Economic Outlook Has Big Significance first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: India’s service activity moderated to a one-year low in November, owing to a slowdown in new work orders and overall output, a private survey published Tuesday said. However, the print showed continued expansion in the broader economy that surprised on the upside in the second quarter. The seasonally adjusted S&P Global India Services […]

The post November Services Activity At 1-Year Low As New Orders & Output Shrink first appeared on Latest India news, analysis and reports on IPA Newspack.

Matein Khalid Brent crude has fallen to $78 in Asia while WTI is $74 even though the Israel/Hamas war has resumed in Gaza. The bear market in oil has seen 6-weeks of relentless selling in the futures markets and even the latest OPEC+ ministerial meeting failed to convince traders that an additional 900,000 barrel of promised output cuts will offset the tsunami of supply and weak diesel, gasoline and […]

India’s consumption of Liquefied Natural Gas (LNG) is expected to rise further in the coming months on the back of growing demand from the fertiliser and power industries, analysts say. Anticipated lower spot LNG prices will further add to this growth. “Our current forecast for December, January, and February averages at 76 MMcm/d, with an […]

The post LNG Consumption, Imports Seen Rising As Prices Ease first appeared on Latest India news, analysis and reports on IPA Newspack.

HONG KONG SAR – Media OutReach Newswire – 5 December 2023 – Hong Kong residents’ enthusiasm for traveling north has surged. In October of this year, the number of arrivals to the mainland reached a record 5.35 million, with more than 200,000 people heading north every weekend. The Greater Bay Area has become a popular destination beloved by Hongkongers. To provide convenient services for residents commuting between […]

By Nantoo Banerjee In his recent Mann Ki Baat radio broadcast, Prime Minister Narendra Modi said he was troubled by the trend of some “big families” conducting weddings abroad, and urged people to hold such celebrations on Indian soil so that the country’s money does not leave its shores. “The wedding season as well has […]

The post India Needs A Strong Resolution To Protect Its Currency first appeared on Latest India news, analysis and reports on IPA Newspack.

SINGAPORE – Media OutReach – 4 December 2023 – BingX, a cryptocurrency exchange, announces the return of its SuperX trading competition this quarter, aligned with the festive season’s spirit. This event, one of the most significant in BingX’s history, is backed by popular demand, coinciding with a series of Christmas festivities. Traders are invited to participate in the competition, with a substantial prize pool set to spark […]

By K R Sudhaman Government statistics released this week paint a rosy picture of the Indian economy with GDP growth clocking 7.6 per cent in the second quarter of this financial year 2023-24 on the back of strong manufacturing sector. This also strengthens India’s position as the fastest growing major economy, a position held by […]

The post Growth Data For This Fiscal’s Second Quarter Has Many Encouraging Signs first appeared on Latest India news, analysis and reports on IPA Newspack.

Matein Khalid It is no coincidence that the yield on the 10 year US Treasury note plunged 60 basis points to its current 4.34% and the US Dollar index slumped to 103.40 as successive benign October inflation data and dovish central banker comments has led to a pivot in Wall Street interest rate expectations, with the consensus now projecting two rate cuts at the March and May 2024 FOMC […]

By K Raveendran The renewed escalation of the Israel-Palestine conflict is providing additional impetus for gold to climb higher levels. The yellow metal has already been trending higher over the past two months, but the end of truce between Hamas and Israeli forces, unleashing new bomb attacks and destruction of lives and properties, particularly on […]

The post Resumption Of Gaza Fighting Adds To Gold’s Impetus To Rise, Hitting Record Levels first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: India’s gross domestic product (GDP) grew at 7.6 per cent in the September quarter of 2023-24, outperforming expectations by a wide margin as manufacturing and construction activities expanded by double digits. These figures signalled that economic recovery was well underway in Asia’s third-largest economy, despite the current adverse geopolitical situation. While the Reserve […]

The post India’s GDP Expands 7.6 Per Cent In Q2; Manufacturing, Construction Lead The Charge first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: India’s core sector output, that measures production by eight industries, grew 12.1 per cent in October compared to the same time last year, the government said on Thursday. A low base effect and double-digit growth in four industries – electricity, coal, steel, and cement – drove up production. The core sector output had […]

The post Core Growth Surges 12.1% In October, Govt Capex Push Plays Key Role first appeared on Latest India news, analysis and reports on IPA Newspack.

With multiple offers including limited-time spending rebates, foreign currency exchange handling fee waiver, and complimentary Thailand data roaming pass HONG KONG SAR – Media OutReach – 1 December 2023 – HKT (SEHK: 6823) Under HKT Payment Limited, the Tap & Go1 mobile wallet is supporting the Hong Kong Monetary Authority’s FPS x PromptPay QR Payment service as one of the first digital wallets to participate in the […]

Homegrown Sellers Benefit from Greater Credibility and Endorsements KUALA LUMPUR, MALAYSIA – Media OutReach – 1 December 2023 – Livestreaming and affiliate commerce have driven greater marketplace inclusion for homegrown sellers and local talents across Shopee’s platform in 2023. Over the last year, the leading e-commerce platform in Southeast Asia & Taiwan observed that Malaysians watched over 34 million hours of livestreams on Shopee Live and engaged […]

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