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The global economy, which has proved surprisingly resilient this year, is expected to falter next year under the strain of wars, still-elevated inflation and continued high interest rates. The Paris-based Organization for Economic Cooperation and Development estimated Wednesday that international growth would slow to 2.7% in 2024 from an expected 2.9% pace this year. That […]

The post World Economy Will Slow In 2024 Because Of Inflation, High Rates, War: OECD first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: India’s GDP growth rate will rise to 7 per cent by 2026 compared to 4.6 per cent for China, S&P Global Ratings said on Tuesday. In a report titled ‘China Slows India Grows’, S&P said it expects Asia-Pacific’s growth engine to shift from China to South and Southeast Asia. “We project China’s GDP […]

The post ‘China Slows, India Grows’: S&P Pegs 7% Growth For India By 2026 first appeared on Latest India news, analysis and reports on IPA Newspack.

By K Raveendran Oil markets are eagerly awaiting the outcome at the forthcoming OPEC+ meeting this week, after internal troubles forced a postponement of the meeting originally scheduled for November 26. The meeting assumes great significance both for producing as well as importing countries, especially amidst assessments that a new agreement to cut production is […]

The post All Eyes On OPEC Meeting As Cartel Struggles To Continue Voluntary Supply Cuts first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: Exports of engineering products from India witnessed growth from countries such as the US, Saudi Arabia, and the United Arab Emirates (UAE) during October but contracted from several nations in the European Union (EU), China, and Southeast Asia, according to government data. After a slump during the first half of this year, India’s […]

The post India’s Engineering Exports Surge In US, Saudi Arabia, And UAE In October first appeared on Latest India news, analysis and reports on IPA Newspack.

By Arun Srivastava It would be presumptuous to say that the elections to the five-state assemblies are a semi-final clatter for Prime Minister Narendra Modi; but one thing is certain that the peoples’ verdict for these elections will outline the political future of Rahul Gandhi. A negative mandate will certainly erode the credibility and image […]

The post Assembly Polls Are Electoral Test Of Rahul Gandhi’s Political Acumen first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: Core inflation, which excludes volatile food and energy prices, may stabilise around 4% in January with a limited scope for further decline as prices continue to be sticky in certain service sectors, according to economists. A higher core is likely to keep retail inflation from declining significantly, they say. Core inflation eased to […]

The post Core Inflation May Bottom Out Around Four Per Cent: Economists first appeared on Latest India news, analysis and reports on IPA Newspack.

By K Raveendran Irrespective of the outcome of the batch of petitions in the Supreme Court against the SEBI investigations into the charges levelled by US-based short-selling firm Hindenburg Research against the Adani group of companies regarding violations of stock market regulation, it is most likely that short selling would emerge as the villain of […]

The post Pleas Against SEBI’s Adani Probe: Greater Focus On Investor Loss Than Market Efficiency first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: Unlike in the last fiscal, surplus dividend by Central Public Sector Enterprises (CPSEs) may not entirely make up for an expected steep shortfall in the government’s disinvestment proceeds in FY24 from the budgeted Rs 51,000 crore, now that the strategic sale of IDBI Bank could spill over to FY25, a senior official said. […]

The post Surplus CPSE Dividend Unlikely To Offset Disinvestment Revenue Shortfall In FY24 first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: The Indian economy is likely to post better than anticipated growth in the second quarter (July-September) owing to robust urban consumption and expansion in services, a Business Standard analysis of high-frequency indicators showed. While gross domestic product growth in the September quarter is expected to come below the 7.8 per cent print in […]

The post Urban Consumption Likely To Propel India’s GDP Growth In July-September first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: The government is set to take a slew of measures to contain the stubborn retail food inflation, including through intervention in pulses markets, a senior official said on Thursday. “While the retail intervention in selling pulses is challenging, it is an effective way to curb the possibility of increase in prices,” Rohit Kumar […]

The post Govt Plans More Steps To Curb Retail Food Inflation first appeared on Latest India news, analysis and reports on IPA Newspack.

By Anjan Roy Sam Altman has become globally known overnight not because of what he had achieved already, which was seminal, but because he was summarily sacked by the board of directors of the startup firm he had established. Sam Altman had become a legend at his young age for his role in developing software […]

The post Why Sacking Of A Single Man Is Rocking The Global Big Tech Operations? first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: Retail inflation for agricultural labourers and rural workers rose marginally to 7.08 per cent and 6.92 per cent in October, respectively, from 6.70 per cent and 6.55 per cent respectively in September 2023 due to higher prices of certain food items. Point to point rate of inflation based on CPI-AL (Consumer Price Index-Agricultural […]

The post Retail Inflation For Agricultural, Rural Workers Marginally Up In October first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: India’s real GDP growth will rise to 6.5% in 2024-25 from an estimated 6.2% in 2023-24, aided by the government’s pre-election spending in the first half of 2024 and private investment in the later half, global investment firm Goldman Sachs said in a report on Monday. On a calendar year basis, India’s real […]

The post GDP Growth To Rise To 6.5 Per Cent In FY25: Goldman Sachs first appeared on Latest India news, analysis and reports on IPA Newspack.

NEW DELHI: Negotiation phase for India is practically over at the Indo-Pacific Economic Framework for Prosperity (IPEF) with agreement on supply chains already signed and talks almost over on clean and fair economy. It must move cautiously now to protect space for the domestic policy action, according to a trade policy think tank. The three […]

The post India Must Protect Autonomy Post IPEF Deal, Says GTRI first appeared on Latest India news, analysis and reports on IPA Newspack.

By Dr. Gyan Pathak During the election campaigns in November, anyone who can hear heard about “Modi Guarantee” even from the very mouth of PM Narendra Modi about making India a developed country by 2047. It was repeatedly claimed how India is developing fast under PM Modi, and become fifth richest country in the world. […]

The post The Curious Case Of Fake News About India Becoming Fourth Largest Economy first appeared on Latest India news, analysis and reports on IPA Newspack.

By Girish Linganna During President Biden’s high profile summit with Chinese President Xi Jinping last week, his national security adviser, Jake Sullivan, briefed him on an unrelated matter, namely, the escalating tensions in the Middle East. With less than a year remaining for the 2024 election, President Biden is faced with the challenge of managing […]

The post US President Joe Biden Facing Backlash In His Own Party Over Total Support To Israel first appeared on Latest India news, analysis and reports on IPA Newspack.

West Bengal Chief Minister Mamata Banerjee on Sunday said the railways should roll back dynamic pricing of train tickets, and pay more attention to the safety and security of travellers. Banerjee, a former railway minister, claimed that train fares were sometimes higher than flight tickets, following reports that ticket costs rose astronomically this week on […]

The post Mamata wants Railways to scrap dynamic pricing, focus on safety first appeared on Latest India news, analysis and reports on IPA Newspack.