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 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.
Arabian Post Staff The real estate market in Dubai saw a surge in off-plan property sales in February 2023. According to Allsopp & Allsopp’s proprietary data, there has been a 42.1% increase in off-plan property sales compared to the same period last year. This rise in demand for off-plan properties is a positive indication that the Dubai property market is gaining momentum and confidence in the future […]
Ahead of the second leg of the Parliament’s budget session that will begin on March 13, the Trinamool Congress led by Bengal Chief Minister Mamata Banerjee has chalked out their strategy to corner the BJP government. The Chief Minister and her nephew Abhishek Banerjee held an informal meeting with MPs Sudip Banerjee and Derek O’Brien […]
The post Opposition unity least priority in TMC parliament agenda first appeared on IPA Newspack.
MONTREAL (QC), CANADA – Media OutReach – 8 March 2023 – Pow.re Holdings Limited (“Pow.re” or the “Company”), a high-density computing (“HDC”) and fintech enterprise, has entered into a binding agreement with a local partner to secure a 100 MW power allocation at a fixed rate for 5 years from ANDE’s newly built Yguazu substation in Paraguay. This week, construction began on the power transformation and computation […]
Reducing operational costs remains top business priority among SMEs in the region Both YouBiz and Xero enable better spend management and smarter, cost-effective accounting for SMEs SINGAPORE – Media OutReach – 7 March 2023 – YouBiz, the corporate card and finance management platform by YouTrip, announced their strategic partnership with cloud-based accounting software provider Xero today. The partnership aims to equip local businesses and startups with more […]
HONG KONG, CHINA – Media OutReach – 6 March 2023 – In the past two decades, China’s economy has thrived, people’s living standards have steadily improved, and the consumer market has been full of dynamism. Consumption is the biggest contributor to China’s economic growth today. In 2023, China’s consumer market will face growth challenges given the impact of pandemic fluctuations and the arrival of the post-pandemic era. […]
LOS ANGELES, USA – Media OutReach – 2 March 2023 – Today VinFast delivered the first 45 VF 8 City Edition all-electric SUVs to U.S. customers at its 9 stores across California, which signals the company’s official entry into the North American market. The City Edition vehicles will continue be delivered to customers at VinFast’s stores or through a home-delivery service in the following days. The VF […]
The Supreme Court on Thursday ordered an investigation against the Adani group to determine if there had been any manipulation of the group companies’ share prices. The court directed the Securities and Exchange Board of India (SEBI) to complete the investigation within a period of two months and file a status report before the Court. […]
The post Supreme Court orders Adani stock manipulation probe first appeared on IPA Newspack.
By Liza Featherstone The capitalist class is always trying to will Bernie Sanders into death or retirement. A recent New York Times report noted, perhaps wishfully, that his new role as chair of the Senate Committee on Health, Education, Labour, and Pensions “could be his final act in Washington.” But so far, Sanders is alive […]
The post Bernie Sanders Is Set To Expose The U.S. Capitalists In His New Role In Senate first appeared on IPA Newspack.
By K Raveendran Notwithstanding the symbolism of President Joe Biden’s unannounced visit to Ukraine, the fact remains that America’s claim to be the world policeman has suffered serious drubbing as the world marks the first anniversary of Russia’s Ukraine war this week. Ukraine has put to test the US resolve, raising fundamental questions about its […]
The post Russia Emerges Relatively Unscathed From Embargo As Ukraine War Completes One Year first appeared on IPA Newspack.
Businesses are increasingly witnessing the impact of protest movements and civil unrest on their operations, a trend that is forecast to grow A new report by AGCS identifies five factors likely to power ongoing incidences of political violence activity around the world Strikes, riots, and civil commotion racked up $12bn of losses for businesses and institutions from just six major incidents in recent years Businesses should view […]
By Arun Kumar Shrivastav A bumper potato crop and a surplus from the previous year have led to a sharp fall in prices. And, it’s driving millions of Indian potato farmers to desperation in the main potato-growing states — Andhra Pradesh, Bihar, Gujarat, Karnataka, Uttar Pradesh, and West Bengal. India is the world’s second-largest potato […]
The post Indian Farmers Battling Price Crash After A Bumper Potato Harvest first appeared on IPA Newspack.
By Ben Chacko A year into the brutal war in Ukraine, we face a choice. We can continue to flood armaments into a deadlocked yet bloody conflict while prices soar and our governments claim there is no money for pay or public services. Or we can recognise that battlefield victory is a chimaera and that […]
The post Ukraine War, If Continues, Has The Potential To Escalate Into Global first appeared on IPA Newspack.
SINGAPORE – Media OutReach – 24 February 2023 – M1 Limited Singapore is proud to announce its latest SIM-only plan, Maxx SIMO by M1. The all-new Maxx SIMO contract-free SIM-only plan is set to be a groundbreaking offering in today’s competitive telecommunications market. This new mobile service plan is an affordable solution for customers who want to enjoy the benefits of a top-quality mobile service without paying […]
By Dr. Nilanjan Banik February 24, 2023 marks the one-year anniversary of the Russia-Ukraine war. What seems to be a fight between David and Goliath is still continuing. The Russian armed force has the world’s largest stockpile of nuclear weapons, the second largest fleet of ballistic missiles, and almost five times more military personnel in […]
The post European Economy Is The Worst Sufferer In One Year Of Ukraine War first appeared on IPA Newspack.
By Dr. Gyan Pathak The unprecedented rise in temperature touching 40 degree Celsius, in parts of India in February, which is technically a winter month, has threatened not only the food security of the country but also various sectors of the economy – ranging from availability of potable water to electricity impacting almost all aspects […]
The post Unprecedented Rise In Temperature Threatens Food Security first appeared on IPA Newspack.
By K Raveendran The global electric vehicles (EV) industry is facing a slow down after two years of vigorous growth. The trend is also getting reflected in the Indian industry. Globally, this is forcing manufacturers to cut prices and India does not seem to be an exception. According to Rystad Energy EV specialists, from the […]
The post Dip In Demand, Tax Changes Prompt Price Cuts By Global EV Industry first appeared on IPA Newspack.
By Ashis Biswas There has been no negative impact in Bangladesh of recent disclosures made by the short seller US-based Hindenburg Research group, about an alleged stock market manipulation by the Adani group: A Bangladeshi Minister has confirmed that Bangladesh will receive its first supply of 750 Megawatts from an Adani-built power plant at Godda, […]
The post No Adani Affairs Impact On Indian Power Supply To Bangladesh first appeared on IPA Newspack.
By K Raveendran Nirmala Sitharaman’s budget has played truant with the gold trade, which is in the throes of a crisis for what the finance minister has not done rather than any act of commission in her last full-fledged budget of her current tenure. The gold trade had been looking for a cut in the […]
The post Budget Shock Tricks Gold Trade, Imports Plunge To 32-Month Low first appeared on IPA Newspack.
