By Dr. Gyan Pathak As the Indian economic growth is set to decelerate in the financial year 2023-24 as per the latest estimates of all the national and international organisations, India’s job market is likely to deterioration. Employment opportunities would decline, new job opportunities will be limited, and job losses may accelerate. Price rise and […]
The post 2023 May Be Worse Than 2022 For India’s Workforce first appeared on IPA Newspack.
By Harihar Swarup Gujarat and Himachal have voted for two opposing national parties. While Himachali voters rejected the BJP and upheld the tradition of electing an alternate every five years, voters in Gujarat gave the saffron party its biggest victory ever and seventh straight term. With over 52 per cent share, and 156 of 182 […]
The post BJP Took Corrective Actions After 2017 Poll In Gujarat Resulting In Big Win In 2022 first appeared on IPA Newspack.
Arabian Post Staff The current commodity price boom is affecting the region’s commodity exporters and importers differently. Commodity exporters are benefiting from a marked improvement in their terms of trade, while commodity importers are feeling the pain of higher imported energy and food prices. A key question is how countries are managing this boom relative to past experience, particularly as the current commodity price shock is occurring […]
By Prabhat Patnaik The fact that income and wealth inequalities have increased quite dramatically under the neo-liberal regime is beyond dispute. The empirical work by Piketty’s team bears out the increase in income inequality. They use income tax data to infer about the share of the top 1 per cent of the population of a […]
The post Income And Wealth Inequalities Increase Substantially Under Neoliberal Regimes first appeared on IPA Newspack.
Interest Rates Are Expected to Peak in 2023 Further Border Reopening to Bring About Market Stability HONG KONG SAR – Media OutReach – 15 December 2022 – Global real estate services firm Cushman & Wakefield announced the Hong Kong Property Market 2022 Review and 2023 Outlook today. The overall property market remained quiet in 2022 as investment and business sentiment stayed cautious, impacted by interest rate hikes […]
By Nantoo Banerjee Few manufacturing industries in India have done as consistently well as the drug industry over the last four decades. The Indian drug industry is currently ranked the world’s third largest in pharmaceutical production by volume. The production has been increasing rapidly supported by rising domestic consumption and exports. The industry has been […]
The post India Is Fast Emerging As World’s Major Pharmacy Hub first appeared on IPA Newspack.
By Arun Srivastava Six weeks are certainly not the sensible time frame to judge a new prime minister’s performance, that is too in the case of United Kingdom, which has been suffering economic malaise that has turned endemic during the decade with Conservatives in the power. But still Rishi Sunak, the first Prime Minister of […]
The post Rishi Sunak Has Taken Few Positive Steps In Stopping Economic Downslide first appeared on IPA Newspack.
By K Raveendran Inflation is showing signs of softening, providing much-needed relief to the government as well as the managers of the economy, not to speak of the common man, whose household budgets have been under a squeeze in view of skyrocketing prices. The improvement is reflected in the latest rate hike by the Reserve […]
The post No Extra Credits For India As Easing Of Inflation Threat A Global Phenomenon first appeared on IPA Newspack.
By Krishna Jha Driven by good performance compared to other sectors during the pandemic, agriculture has absorbed an additional 11 million workers over the last three years while the rest of the economy lost 15 million jobs, said the Centre for Monitoring Indian Economy (CMIE). Jobs apart, the question remains where does the surplus from […]
The post Agriculture Is Contributing In A Big Way To India’s Employment Growth first appeared on IPA Newspack.
By K Raveendran India is leading a global recovery in gold jewellery. This is despite the fact that gold prices have hit a five-month high. The demand engine is driven by urban consumers, encouraged by a return to pre-covid levels of economic activity. Rural consumers were more cautious as their inflation outpaced that of their […]
The post India Leads World Gold Jewellery Demand Recovery After Covid Blues first appeared on IPA Newspack.
By Anjan Roy The global oil market is entering a critical phase as the European Union’s price cap for Russian oils comes into immediate effect. The EU has set a price cap of $60 per barrel for Russian oils. Oil prices have hovered around $80 per barrel, and the EU price is not far below […]
The post Western Price Cap On Russian Oil May Lead To Further Global Recessionary Pressure first appeared on IPA Newspack.
HONG KONG SAR – Media OutReach – 5 December 2022 – The most wonderful time of the year is fast approaching, and what better way to indulge in plenty of Christmas cheer than at the second edition of the French Christmas Market by Taste France? Taste France, a brand launched by The French Ministry of Agriculture and Food from France in 2020, represents the French way of […]
Matein Khalid Was King Dollar dethroned in November? The trade weighted US Dollar Index rose 20% from June 2021 to November 2022, its biggest bullish run since the year before the Plaza Accord in 1985. The macro ballast behind the King Dollar trend gained huge momentum after the Powell Fed abandoned its “inflation is transitory” mantra and began to raise interest rates in early 2022. The US […]
By K Raveendran The price cap of $60 for Russian crude is coming into force full steam, with EU countries joining the G-7 and American punitive measure aimed at squeezing out Moscow’s financial resources so as to force it abandon the Ukraine war. A few countries, such as Poland, had initially refused to toe the […]
The post EU Price Cap Of $60 For Russian Oil Takes Hold, Advantage For India first appeared on IPA Newspack.
By Anjan Roy The latest set of figures on the fortunes of the India’s aggregate income, the gross domestic product or better known GDP, shows the Indian economy resilient and on course, despite some weaknesses. The latest GDP figures demonstrate the continuing successes, as well as failures of the Indian economy, its rigidities and flexibilities, […]
The post Indian Economy Has Resilience Despite Global Recessionary Trends first appeared on IPA Newspack.
By Saifur Rahman Investment Corporation of Dubai (ICD), the investment arm of Dubai Government, reported a 1000 percent growth in net profits exceeding Dh14.8 billion in the first half of 2022, on Dh121.1 billion revenues reported in the same period that saw its assets value exceeding Dh1.14 trillion by the end of the first half of this year that reflects the strong growth witnessed by major businesses […]
Arabian Post Staff In the face of the COVID-19 pandemic, a new Gulf consumer is emerging, one with shifting financial sentiments and spending habits, says a McKinsey report. According to its latest Middle East Consumer Sentiment Survey, UAE and Saudi Arabia shoppers are becoming more price sensitive. Twenty-seven percent of UAE respondents earning less than 7,000 dirhams ($1,905) a year reported a preference for trading down in […]
By K Raveendran Deductive logic has gone for a toss when it comes to forecasting international oil price behaviour. Defying all expectations of a spike, crude prices have hovered just about the same level as last year this time, which means the commodity is trading in the $70s range. This is quite a turnaround, given […]
The post Oil Price Behaviour Surprises With A Turnaround Despite Bullish Undertones first appeared on IPA Newspack.
SINGAPORE – Media OutReach – 29 November 2022 – From 1 November to 31 December 2022, celebrate the year-end festivities with iShopChangi, as it rings in the new year with a plethora of exciting deals this Christmas. With sitewide deals and exclusive curated gift sets from renowned brands, it will undoubtedly be a Happy Haul-iday full of treats for travellers and non-travellers alike. Deals for Non-Travellers Not […]
Top categories that Singaporean online shoppers plan to spend more on include groceries, health and personal care, apparel and accessories Almost three in 10 are optimistic that the current economic climate will have no impact on their spending this holiday season More than half (53%) are keen to see more local brands online, but majority (78%) will only purchase if there are good deals and promotions SINGAPORE […]
By Saifur Rahman Abu Dhabi economy recorded 11.6 percent growth in the first half of 2022, compared to the corresponding period in 2021, according to a statement issued by the Statistics Centre – Abu Dhabi (SCAD), making it the fastest-growing economy in the world this year, as per available information. At the end of the first half of 2022, the real Gross Domestic Product (GDP) at constant prices exceeded […]
This festive season, LANDMARK celebrates with four charity partners empowered by Hongkong Land HOME FUND HONG KONG SAR – Media OutReach – 25 November 2022 – Celebrate the Love of Giving at LANDMARK this festive season with Mrs Claus and her team of over 80 Christmas Helpers as they create delicious cookie treats to share with family and friends at her magnificent bakery. A bakery complete with […]
