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Senior Nationalist Congress Party leader Ajit Pawar on Friday accused the Eknath Shinde government in Maharashtra of indulging in massive corruption, including fixing rates for transfer of officials. The personal assistants of several ministers had been raided (for corruption), the Leader of Opposition in the Assembly alleged. Speaking to reporters in Jalgaon, he also said […]

The post Ajit Pawar accuses Shinde govt of graft, fixed transfer ‘fee’ first appeared on IPA Newspack.

Infor solution helps maximise operational flexibility, allowing an improved service offering for inventory in Lovisa’s store network throughout Europe SYDNEY, AUSTRALIA – Media OutReach – 16 June 2023 – Infor®, the industry cloud company, today announced that Lovisa, the fashion-forward jewellery brand, has made a strategic move in its global operations by implementing Infor Warehouse Management System (WMS) at a new facility in Poland. With the support […]

By Prakash Karat The BJP-led union government announced the minimum support prices (MSP) for the Kharif Season 2023-24 on June 7, 2023 claiming that “the move is to ensure remunerative prices to growers for their produce and to encourage crop diversification”. The MSP announced is neither fair nor remunerative; it belies the hopes of the […]

The post Narendra Modi Govt’s MSP For Kharif Season Is Neither Fair Nor Remunerative first appeared on IPA Newspack.

HONG KONG SAR – Media OutReach – 13 June 2023 – The year 2023 began with great enthusiasm, but in all likelihood it will not be the year that most observers were expecting. The 1st half of the year has reinforced some of our convictions: no, inflation will not spontaneously and painlessly return to its 2% target in developed countries; no, central banks will not “pivot” between […]

Matein Khalid Saudi Arabia’s unilateral 1 MBD output cut in Vienna last week did not trigger a credible rally in crude oil prices. Au contraire, Brent ended the week at $74.80 and West Texas a tad above $70, down 2%. Prince Abdulaziz’s warning to the oil bears to “watch out” has failed for the second time since April’s shock OPEC+ supply cut. It is obvious that both […]

New and innovative investment instruments that may also strengthen the resilience of global money markets, targeted at investors seeking liquid assets and collateral of high credit quality. LONDON, UK – Media OutReach – 12 June 2023 – RISCfp, a financing solutions advisory and platform management company, has launched the inaugural issue of its managed treasury pool (RISCMTP) notes, a unique and versatile investment and collateral instrument designed […]

The Congress on Sunday stepped up its attack on the Centre over rising airfares, alleging that the government has been incapable of preventing “predatory behaviour” on part of airlines and has “facilitated a loot at the hands of crony airport operators”. Senior Congress leader K C Venugopal and Union minister Jyotiraditya Scindia engaged in a […]

The post Cong attacks govt failure to stop ‘predatory behaviour’ by airlines first appeared on IPA Newspack.

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The Congress on Sunday stepped up its attack on the Centre over rising airfares, alleging that the government has been incapable of preventing “predatory behaviour” on part of airlines and has “facilitated a loot at the hands of crony airport operators”. Senior Congress leader K C Venugopal and Union minister Jyotiraditya Scindia engaged in a […]

The post Cong attacks govt failure to restrain airlines from fleecing first appeared on IPA Newspack.

By Dr. Gyan Pathak Advancing social justice only can bring the workforce out from the prevailing grim scenario across the word, since the labour market insecurity is widespread. It is clearly emerging from the 111th Session of the International Labour Conference, 2023, which is undergoing in Geneva from June 5 and will be ending on […]

The post Advancing Social Justice Only Can Save Workforce Now first appeared on IPA Newspack.

Net profit Surged Significantly by over 80% YoY Highlights: Revenue increased by 16.3% to approximately HK$2,305.9 million. Gross profit increased by 22.4% to approximately HK$817.3 million. Operating profit increased by 75.9% to approximately HK$248.9 million. Profit attributable to owners of the Company increased by 83.1% to approximately HK$201.0 million, if excluding the government subsidies of approximately HK$18.0 million, core net profit increased by 66.7% YOY. As at […]

By K Raveendran The pullback in gold prices has generally been attributed to investor caution surrounding the Federal Reserve’s interest rate strategy and other economic cues, but the immediate trigger is believed to be the US debt deal, which averted a default, thereby lowering the risk perception. Gold soars when risks intensify. Gold prices in […]

The post U.S. Debt Deal Pressures Gold Down, Central Banks Turn Net Sellers first appeared on IPA Newspack.

Matein Khalid The $7 trillion foreign exchange market can be merciless if you read its macro smoke signals wrong or ignore the hoofbeats of the leveraged herds who determine its positioning, politics of central banks, government policy and above all the psychology that shapes sentiment. The biggest consensus trade for 2023 was supposed to be the dethronement of King Dollar amid a robust Chinese reopening recovery and […]

HONG KONG SAR – Media OutReach – 8 June 2023 – Today, KGI Asia has released its 2023 Mid-Year Global Market Outlook, which covers mainland China, Hong Kong, Taiwan, the U.S., Singapore, and Indonesia. From left to right: Kenny Wen, Head of Investment Strategy at KGI Asia, James Chu, Chairman at KGI Investment Advisory, and Kevin Tai, Head of International Wealth Management at KGI Asia In the […]

The Congress high command on Thursday reprimanded Karnataka Animal Husbandry Minister K Venkatesh for his views on the “anti-cow slaughter” law in the state and asked him to stay “within his limits”. Venkatesh on Saturday had indicated that the Congress government in Karnataka might review the ‘anti-cow slaughter’ law brought in by the previous BJP […]

The post Cong pulls up K’taka minister for cow slaughter remark first appeared on IPA Newspack.

Arabian Post Staff UAE ranks three places ahead of Singapore in terms of least complex jurisdictions to set up and operate a business in the global business complexity index, published by TMF Group, a leading provider of compliance and administrative services. The UAE is at the 61th place while Singapore is placed at 58, which means setting up a business in the island nation is more complex […]

By K Raveendran The decision by OPEC+ to enforce no official cuts, and yet a voluntary cut by swing producer Saudi Arabia, has had only limited upside price pressure, but the long-term price development will hinge on macroeconomic sentiment and the possible extension of the voluntary Saudi Arabian production cut beyond July. After more than […]

The post Oil Market Hinges On Possibility Of Saudi Production Cut Extension Beyond July first appeared on IPA Newspack.

Matein Khalid My muse is the Kingdom tonight – not the kingdom of heaven but the Kingdom of Saudi Arabia. Prince Abdulaziz reinforced Saudi Arabia’s role as the swing producer of OPEC+ at Vienna with a voluntary 1MBD output cut and his energy diplomacy gave UAE a 200,000 barrel a day quota increase. The impact on oil prices has not been dramatic as Brent is now $77 […]

By Nantoo Banerjee The cat is out of the bag. India is not the only country using imported Russian oil to export processed petro-products. West Asian oil giants, led by Saudi Arabia, are buying millions of barrels of Russian diesel oil, which is banned in Europe, to sell the product to buyers in the European […]

The post More Russian Oil Is Making Backdoor Entry Into NATO Nations Via Saudi Arabia, UAE first appeared on IPA Newspack.

Shoppers can look forward to exciting rewards this mid-year season on Shopee, including earning over 100 million Shopee Coins with Daily Shopee Shake game SINGAPORE – Media OutReach – 1 June 2023 – With more and more shoppers now choosing to start their shopping journey online, Shopee has revolutionised the way Singaporeans shop during the beloved Great Singapore Sale (GSS) that used to happen this period every […]

Congress leader Rahul Gandhi has said after the Karnataka election victory his party will “decimate” the BJP in Telangana and other state polls, emphasising that it is not just the Congress party but the people of India who are going to defeat its hate-filled ideology. “We have shown in Karnataka that we can decimate the […]

The post Rahul says people of India, and not just Cong, will defeat BJP first appeared on IPA Newspack.

Rahul Gandhi has said that the BJP will be “decimated” in the next three-four assembly elections by the Congress, emphasising that they have the basic requirements that are needed to defeat the ruling party which does not have the support of the vast majority of the Indian population. These remarks were made by Gandhi, who […]

The post Rahul says BJP will be ‘decimated’ in assembly polls first appeared on IPA Newspack.

The largest-ever public access, one-stop home expo HONG KONG SAR – Media OutReach – 1 June 2023 – Organized by Exhibition Group Limited, the largest-ever public access one-stop home expo “Hong Kong In-Home Expo 2023” commences today for a four-day run at the Hong Kong Convention and Exhibition Centre. With over 620 quality brands of home goods, appliances, and bedding, alongside numerous interior design and renovation companies […]

SINGAPORE – Media OutReach – 2 June 2023 – BingX, the leading social trading platform, is proud to announce its innovative peer-to-peer (P2P) trading feature, empowering users to buy and sell cryptocurrencies directly with P2P merchants at the best agreed-upon prices. With BingX P2P, traders can enjoy reduced fees, enhanced trust and security, community interaction, and competitive pricing, making it the go-to platform for seamless and rewarding […]

By Dr. Gyan Pathak India’s growth rate for 2022-23 exceeded expectations. It has now been estimated upward to 7.2 per cent from 7 per cent as per second advance estimate released in February. The magic was the result of a stronger-than-expected fourth quarter growth when GDP rose to 6.1 per cent, in addition to upwardly […]

The post High Growth Rate Of GDP In 2022-23 Hides Many Concerns Over Its Nature first appeared on IPA Newspack.

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