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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.

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.

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.

By Arun Srivastava In one stroke the empire of the world’s third richest till the other day, Gautam Adani, which he had built on the edifice of dishonesty and crony capital has been crashed. The assault has come from the US-based Hindenburg Research which charged the Adanis of being “engaged in a brazen stock manipulation […]

The post Hindenburg Exposure Underlines Patronage Of Ruling Govt To Adani Group Companies first appeared on IPA Newspack.

By Sushil Kutty Flood ravaged, economically bankrupt and politically panned. Pakistan’s Finance Minister Ishaq Dar has found a scapegoat. God Almighty! Dar cut to the chase, saying that because Allah created Pakistan, Allah will have to get Pakistan out of the hole, make it prosper and help it develop. That is a common belief across […]

The post Pakistan’s Economic Collapse Is A Culmination Of Long Neglect first appeared on IPA Newspack.

By K Raveendran ‘Insha Allah’ is a term used extensively by Arabs and Muslims across the world to mean ‘god willing’. But according to Arabic linguists, Insha Allah means ‘only if god willing’. There is a subtle difference between the two usages, the former denoting a lot more optimism than what may be warranted. This […]

The post God Can’t Save Pakistan From Its Present Predicament, Only IMF Can first appeared on IPA Newspack.

By Prakash Karat The union budget for 2023-24 is to be presented before parliament on February 1, 2023 at a time when both the Indian as well as world economies face a grim situation. Notwithstanding the tall claims of the Modi government, India’s economy is yet to recover from the crippling effects of the Covid […]

The post 2023-24 Budget Proposals Must Be Aimed To Tilt Distribution In Favour Of Masses first appeared on IPA Newspack.

By Dr. Gyan Pathak India is now the most populated country in the world with a very high rate of urbanization that is expected to reach 41 per cent by 2030 according to the latest estimate of the World Bank in 2022. In 2021, the urbanization rate was 35 per cent as against 26 per […]

The post Lessons For High-Speed Rail Development In India Amidst Defects first appeared on IPA Newspack.

BJP president J P Nadda has predicted a three-fourth majority for BJP in Rajasthan when assembly elections are held later this year. Addressing the party’s Rajasthan state working committee meeting, Nadda said, ”BJP is the only national party and all other parties have remained family parties. The Congress has been identified as a family party. […]

The post Nadda predicts 3/4th majority for BJP in Rajasthan poll first appeared on IPA Newspack.

By Ashis Biswas As pre-poll campaigning heats up for  the coming Assembly polls in Tripura and Meghalaya, people of Nagaland are somewhat disappointed that the greater ’political solution ‘ for the state remains unsettled.  State-based regional parties as well as local Congress leaders acknowledge that their participation in the polls may not be whole-hearted. Nagaland […]

The post BJP Talking With Tipra In Tripura For Alliance, But Many Problems Remain first appeared on IPA Newspack.

By K Raveendran Thanks to more crude imports by India, Russia has managed to beat the European Union embargo and the G-7 price cap on the Russian crude. In fact, there has been a strong increase in Russian seaborne crude exports, mainly from ports in the country’s west, according to industry sources. More crude is […]

The post Indian Imports Help Russia Ride Out EU-Enforced Price Cap On Crude Exports first appeared on IPA Newspack.

By K R Sudhaman As is the practice, there is a demand galore before the 2023-24 budget for tax sops, whether justified or not. Finance Minister Nirmala Sitharaman has a difficult task cut out for her as she may have to address some of the genuine demands this time as it will be the last […]

The post Sitharaman Must Balance Pre-Poll Compulsions With Fiscal Challenge first appeared on IPA Newspack.

By Dr. Gyan Pathak Global economic slowdown is most likely to force workers to accept lower quality jobs in place of decent works. It has already adversely impacted the global employment growth which has been faltering, and pressure on decent work has considerably increased. Pressure on decent working conditions are even undermining social justice. It […]

The post Economic Slowdown To Force Workers Into Lower Quality Jobs first appeared on IPA Newspack.

By L S Herdenia BHOPAL: Madhya Pradesh has been assured massive investment both by foreign and domestic investors in the course of two day Global Investment summit (GIS) held at Indore. Leading business houses of the country and also from abroad. The sectors that were assured investment include chemicals and petroleum (Rs. 77,000 crore), service […]

The post Madhya Pradesh Assured Of Massive Investment At The Global Summit first appeared on IPA Newspack.

By Prabhat Patnaik The IMF managing director Kristalina Georgieva has now openly admitted that the year 2023 will witness the slowing down of the world economy to a point where as much as one-third of it will see an actual contraction in gross domestic product. This is because all the three major economic powers in […]

The post Contraction Of GDP In One-Third Of Global Economy In 2023 Is Ominous first appeared on IPA Newspack.

The Congress in Karnataka on Wednesday promised to provide every household in the state with 200 units of free electricity, every month, in the event of the party coming to power. Projecting it as the party’s “first guarantee” to the people, ahead of Assembly polls due by May, the Congress made this commitment as it […]

The post Cong promises 200 units free power ahead of Karnataka poll first appeared on IPA Newspack.

By Dr. Gyan Pathak India would be going downhill for the next two years, if Global Economic Prospect just released by the World Bank is of any indication. GDPs for 2023and 2024 have been revised down to 6.6 per cent and 6.1 per cent respectively, which are below 0.5 and 0.4 per cent compared to […]

The post Economic Slowdown To Haunt India The Next Two Years first appeared on IPA Newspack.